Owen is the head of a toy factory. He is always looking for new ideas and suggestions on ways the factory can be more efficient. When it is time to design the new line of Christmas toys, Owen has a staff meeting and asks the members of his team to contribute their ideas. What kind of leadership theory would you say Owen subscribes to?

-Great man theory
-Trait theory
-Participative Theory
-Situational leadership theory

Based on the given information, it can be inferred that Owen subscribes to the Participative Theory of leadership. This theory suggests that leaders involve their team members in decision-making processes, allowing them to contribute their ideas and suggestions. In this case, Owen actively seeks input from his team members during the staff meeting to gather new ideas and suggestions for making the toy factory more efficient and designing the new line of Christmas toys.