Employee diversity, including factors like gender, age, ethnicity, and education, can impact a company's ability to innovate. A study found that having diverse educational backgrounds and gender in a company increases the likelihood of introducing new innovations. However, having a diverse age group in the workforce may have a negative effect on innovation. Additionally, having an open culture that embraces diversity is linked to better innovative performance. The study did not find any evidence of a relationship between ethnicity diversity and innovation.