Toward a Multidimensional and Multilevel Approach to Studying Gender Diversity in Upper Echelons and Firm Innovation

Abstract

Despite the rapidly increasing research on the nexus between gender diversity in upper echelons and firm innovation, the scholarly understanding of this topic is far from complete. Although the burgeoning literature has generated valuable insights summarized in our paper—most fundamentally uncovering gender diversity’s positive effect on firm innovation—our review of extant research indicates that it suffers from several limitations. One such key limitation is that scholarship has predominantly theorized and measured the surface-level gender diversity in leadership relying on either gender stereotypes or a notion of innate gender differences when explaining why the inclusion of women on executive boards might make a difference for firm innovation, neglecting the intersection between surface-level gender diversity and deep diversity in top management teams. We develop a multilevel theory that calls attention to investigating intersections between these two constructs, the multidimensionality of firm innovation and gender diversity, and discussing the rationales for why and when diversity is likely to get at the heart of firm innovation. We also map out some methodological suggestions for how scholars could test our propositions. We hope our efforts to describe these paths will encourage their pursuit.