本研究以台灣2016年至2019年間的資訊電子業上市/櫃公司為研究對象，探究女性董事與公司創新活動之間的關係，並檢測女性董事對於公司創新活動與公司績效之間的調節效果，實證結果發現具有女性董事的公司，對於公司創新活動(RDI)的投入會更多，本研究進一步發現，在有女性董事的樣本中，女性董事比率高低對創新活動的投入並無顯著差異。此外，本研究以ROA衡量公司績效，實證結果發現不論公司是否具有女性董事，創新活動與公司績效之關聯性並無顯著差異。

This paper investigates the relationship between female directors, innovation and firm performance. In this study, the sample is based on Taiwan electronics industry during the period of 2016 to 2019.The empirical results show that female directors positively related to R&D intensity. Different from Saggese and Sarto (2018), using Italian high-tech industry companies as a sample and finding that female board of directors had a negative impact on innovation activities, this study investigates Taiwanese electronics industry and finds that companies with female directors will invest more in innovation activities. The difference in gender composition can bring more different views to the board of directors and improve the ability to solve problems, which is helpful for the development of innovative activities. This study further finds that in the sample with female directors, the ratio of female directors is not significantly related to the amount that investment in innovative activities. Using ROA as a measure of firm performance, the empirical results suggest that whether the company has female directors or not, there is no significant difference in the correlation between innovation activities and firm performance.

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