Cognitive Diversity refers to the inclusion of varied thinking styles and perspectives in a team or organization.
Absorptive Capacity is a firm's ability to recognize, assimilate, and apply external knowledge for competitive advantage.
Developed as a unit, in such a way that it can be used individually to carry out a specific function; an independent whole, not depending on other parts.
Corporate Immune System: Organizational resistance to changes and innovative ideas, often preserving the status quo.
Equal mix of men and women in innovation process yields optimal results, as each gender brings a complementary effect that yields better results.
Diversity and inclusiveness in the workplace has a direct impact on financial outperformance, innovation potential, and creating a more desirable workplace that attracts appropriate people.
Innovation requires participation and diversity plays an important role. Companies with higher levels of diversity have shown more innovation and higher revenue. This article explains how fostering a culture of diversity and inclusivity can enhance innovative thinking.
