Abstract
Ethnic diversity, values diversity and innovation: A cross-country analysis
Highlights
Recent events worldwide have put diversity in the limelight
We argue that the positive effects of diversity on innovation reported by firm level studies cited earlier stems from values diversity rather than ERL diversity
From the fitted Equation (1), we find that only the coefficient for linguistic diversity, β14, is insignificant, while all other coefficients are significant
Summary
Recent events worldwide have put diversity in the limelight. The lack of diversity has been highlighted. Various media reports tend to show that major companies in the US are not very diverse. The benefits of a diverse workplace include better decision-making, improved problem solving, greater creativity and innovation, enhanced product development and successful marketing to a wide range of customers (Cox, 1991; Harvey & Allard, 2012). A recent study of 366 companies by McKinsey (Hunt et al, 2014) found that companies that rank high in gender diversity were 15% more likely to have better financial performance than the
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
