Women-led SMEs: Innovation and collaboration → performance?

María José Ibáñez, Maribel Guerrero, Raj V. Mahto*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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Scholars and practitioners recognize the importance of innovation and collaboration for enhancing business performance. Gender diversity also influences business performance, either directly or indirectly. Gender diversity in a board of directors improves companies’ innovative performance and, consequently, their performance. However, research on innovation in women-led small and medium-sized enterprises (SMEs) is limited, which significantly restricts our understanding of the innovation–performance relationship in such businesses. Thus, in this study, using a sample of 503 women-led SMEs, we show that innovation is not a determinant of businesswomen’s business performance. Our study provides insights into how women-led SMEs deciding to innovate or collaborate are unable to appropriate the benefits suggested in the literature.
Original languageEnglish
Pages (from-to)111-117
Number of pages7
JournalJournal of the International Council for Small Business
Issue number3-4
Publication statusPublished - 1 Oct 2020


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