LGBTQ-friendly policies have a positive impact on innovation, reveals new research. Experts at Aalto University School of Business and the University of Vaasa find that scoring higher across LGBTQ-friendly metrics boosts the quantity and quality of patents in large US firms. The researchers analysed scores from the Corporate Equality Index (CEI) in conjunction with data from the US Patent and Trademark Office and public databases on patent counts, citations, quality and the number of innovators in firms, spanning the years 2003–2017. Their findings show that the number of patents rises by 20% for every standard deviation increase in a company’s…