Evidence consistently shows that having more women in the workplace improves innovation performance, yet the numbers still reflect an unequal balance when it comes to women in innovation.
Focusing on how innovation and technology can advance gender parity and the empowerment of women at a global scale, the theme of this year’s International Women’s Day is ‘Think equal, build smart, innovate for change’.
Gender diversity in the workplace
Studies have consistently found that women improve innovation performance in companies. Teams led by women experience increased ‘innovation intensity’, and gender-diverse companies are 27% more likely to bring long-term value creation.
In addition, companies with more female executives are more innovative, more profitable and more respected, with an increased net margin of more than 1 percentage point compared to firms with no female leaders.
Driving change globally
In its mission to meet Sustainable Development Goal 5 – to achieve gender equality and the empowerment of women and girls –, UN Women has prioritised innovation technology as one of the key drivers of change at a global scale, by:
- developing markets for innovations that advance gender equality;
- integrating gender issues within innovation;
- promoting women in innovation and as entrepreneurs;
- and investing directly in technology-drive innovative solutions that meet the needs of women and girls.
Take a look at some of the upcoming innovation events aimed at women leaders here.