Women-led SMEs: Innovation and collaboration → performance?

Ibáñez, María José, Guerrero, Maribel and Mahto, Raj V. (2020) Women-led SMEs: Innovation and collaboration → performance? Journal of the International Council for Small Business, 1 (3-4). pp. 111-117. ISSN 2643-7015

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Abstract

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.

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