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Small Business Economics

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04.09.2019

Does gender diversity among new venture team matter for R&D intensity in technology-based new ventures? Evidence from a field experiment

verfasst von: Mahamadou Biga-Diambeidou, Maria Giuseppina Bruna, Rey Dang, L’Hocine Houanti

Erschienen in: Small Business Economics | Ausgabe 3/2021

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Abstract

This paper reports on a field experiment conducted to estimate the impact of the gender diversity of new venture top management teams (TMT) on research and development (R&D) intensity. Specifically, we study an entrepreneurship business game, played in groups of three, in which master’s-level business studies students play the role of top managers. We manipulated the gender composition of the teams and assigned students randomly to teams based on gender. We do not find any significant relationship between new venture TMT gender diversity and R&D intensity, regardless of the number of female managers on TMTs, the profitability of firms or the stage of development and growth of the firm. Consequently, we do not find any gender differences; there are no gender differences regarding decision making in terms of firm risk-taking. Our findings may belie the common perception that women are, in general, more risk-averse than men. The implication of our study is that we do not support (or deny) the “business case” for female managers on TMTs. Likewise, we find no evidence of any negative effect either. Our evidence implies that the representation of top female managers should be based on criteria other than innovation behavior in the early stage of a new venture growth and development process. The study extends our understanding of the effects of TMT composition and contributes to research on innovation behavior and new venture teams.

Vorheriger Artikel Corporate entrepreneurship, product innovation, and knowledge conversion: the role of digital platforms

Nächster Artikel Corporate venture capital in the IT sector and relationships in VC syndication networks

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Titel: Does gender diversity among new venture team matter for R&D intensity in technology-based new ventures? Evidence from a field experiment
verfasst von: Mahamadou Biga-Diambeidou
Maria Giuseppina Bruna
Rey Dang
L’Hocine Houanti
Publikationsdatum: 04.09.2019
Verlag: Springer US
Erschienen in: Small Business Economics / Ausgabe 3/2021
Print ISSN: 0921-898X
Elektronische ISSN: 1573-0913
DOI: https://doi.org/10.1007/s11187-019-00263-5

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