Female board representation and coupled open innovation: Evidence from emerging market multinational enterprises

Kweku Adam, Rexford Attah-Boakye, Honglan Yu, Jeaneth Johansson , Eric Tchouamou Njoya

Research output: Contribution to journalArticlepeer-review

7 Citations (Scopus)

Abstract

Little research has been done on female board representation in emerging market multinational enterprises (EMNEs). Our paper considers the role of female board representation and its impact on open innovation (OI) in the unique context of emerging markets. We draw on upper echelons and institutional theories to understand how female board representation and cross country institutional contexts influence coupled OI. Combining a 10-year (2009-2019) dataset with a rich in-depth content analysis of 183 (EMNEs) engaged in OI, our results reveal a significant positive association between female board representation and a firm’s commitment to coupled OI initiatives. We also find that country-level institutional factors affect and positively moderate the relationship between female board representation and coupled OI. In emerging market environments where managerial perception and cultural beliefs sometimes hinder the promotion of females into top positions, our work has implications for EMNEs regarding how they harness diversity. We contribute to the OI literature by showing that female board representation enhances corporate OI investment within EMNEs.
Original languageEnglish
Article number102749
Number of pages18
JournalTechnovation
Volume124
Early online date30 Mar 2023
DOIs
Publication statusPublished - 1 Jun 2023

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