Research on the relationship between board diversity and firm technological innovation

Abstract

This paper empirically investigates the relationship between the board diversity and corporate technological innovation on the relevant data of Hi-tech industrial listed firms in China from the year 2007–2009. Main findings and conclusions of this paper are as follows: there is a positive correlation between board's functional background diversity and technological innovation, there is a positive correlation between board's educational level diversity and technological innovation, but there is no significant influence between board industrial background diversity and technological innovation.