Research in Strategic Management Program
The Strategy Research Foundation (SRF) of the Strategic Management Society announces its 2023 and 2024 Research in Strategic Management (RSM) Program. The RSM program aims to support research on a rotating set of themes central to the field of strategic management.
The theme for this cycle is “New Thinking in Corporate Strategy Research.” A foundational question in the field of strategic management asks how firms and managers make choices about firm scope and boundaries. Combined with the recent theoretical advances and empirical innovations, managerial and contextual changes in the business environment have opened new avenues for approaching corporate strategy research. This call for submissions seeks proposals that revisit this core strategic question with fresh theoretical perspectives, in contemporary contexts, or through advanced data and methodological approaches.
Proposals are required to tackle questions and phenomena that inform corporate-level dynamics and provide insights for corporate-level decision making. We encourage theoretical and especially empirical proposals. All submissions are required to articulate how the proposed research contributes to this theme, to strategic management theory, and to relevant managerial practices.
A few illustrative topics and questions are below:
- Whether, when, and how do corporate decisions become strategic decisions? What are the tradeoffs involved in and consequences of choices about firm scope, scale, and geographic reach? What assumptions about firm objectives and economic activity underpin the strategic significance of the decisions?
- How do managers pursue corporate strategic decision making? What is the interplay between corporate managerial decisions and organizational form and structure? What decision-making tools and methods guide managers? How do the nature and composition of corporate management teams influence decisions about corporate scale and scope?
- Whether, when, and how do mergers, acquisitions, alliances, and divestitures retain their strategic value for achieving corporate resource allocation and reconfiguration? What other approaches can add, substitute, or complement these corporate development modes?
- How do contemporary contextual trends influence the antecedents, processes, and consequences of corporate strategic decision making? Three trends are notable. How do the emergence and diffusion of technologies such as automation, artificial intelligence, connectivity, and distributed manufacturing influence corporate strategy? How does the emphasis on stakeholders and ESG objectives impact corporate strategy choices? How might diversified businesses be organized and managed differently considering the changing structure and preferences of the workforce?
2023 Call for Proposals
Target Applicant: A full-time faculty member or post-doctoral researcher affiliated with a university, who is a current member of the Strategic Management Society.
Funding & Key Terms: Grants of up to US$25,000, to support direct research expenses such as data collection and research assistance. No institutional overhead will be paid.
Submission Deadline: October 2, 2023
Grant Period: January 1, 2024 — December 31, 2025
All proposals are required to identify a Principal Investigator (PI). The PI, who leads the research effort and to whom the grant is awarded, must be a full-time faculty member or post-doctoral researcher affiliated with a university and a member of the Strategic Management Society at the time of submission and throughout the grant period. A proposal may include Co-Investigators (CIs).
At any time, a single individual is permitted to serve as a PI or CI on only one proposal across all SRF programs. Further, individuals named in a previously funded SRF proposal may not participate in a new proposal until expiration of the prior award. Individuals named on a proposal must disclose any prior SRF awards and demonstrate that the project in the current proposal is distinct from their previously funded research.
All SRF grants aim to support research that has not been undertaken. Thus, completed work is not eligible for funding.
Funding & Deliverables
The SRF plans to award multiple RSM grants of up to $25,000 each during the 2023 funding cycle. Recipients will be named SRF Scholars.
The SRF program provides financial support to cover direct research expenses for data collection, student research assistance, and other activities that enable the conduct of the research project. Examples of ineligible expenses include conference travel and registration fees, compensation for PI or CI time, teaching buyouts, purchases of software or equipment, and university overhead. As the program aims to foster future research, reimbursement for previous expenditures is not permitted. Determination of eligible and ineligible expenses rests with the SRF.
For proposals accepted for funding, the SRF will prepare an agreement to be executed by the PI detailing the responsibilities of both the PI and the SRF. Grant funds awarded will be disbursed at the start of the two-year grant period beginning January 1, 2024.
The SRF requires regular progress reports as well as a final report on the project. The PI will submit a progress report every six months of the grant and a final report within three months of the end of the grant. The final report will include an executive summary of the research findings and documentation of expenses incurred.
Proposals (in English) are to be submitted by the PI through the online submission system. Submissions will include the following:
- Submission title
- Amount requested in US Dollars
- Name and academic affiliation of PI
- Names of any other CIs and their affiliations
- Summary (500 words) of the proposed research project
- Research Proposal of up to 10 pages, single spaced, with the following structure:
- Specific research question(s) to be addressed, including how the research addresses the 2023 RSM program theme, review of the relevant literature from the field of strategic management, and expected contributions to both the theory and the practice of strategic management
- Research design, including descriptions of data and analysis techniques
- Cited references
- Timetable/schedule (including a description of any work completed to date)
- Detailed budget in US Dollars, including disclosure of other sources of funding
- Expected impact of SRF funding on the quality of the research
- CVs for the PI and any CI(s)
- Disclosure of any personal or business relationship between researchers and organizations providing data, field access, or other assistance that could potentially create a conflict of interest
- A description of any non-disclosure agreements governing the research, including discussion of restrictions on publishing outcomes
- A letter from the Dean’s Office of the PI’s primary academic institution confirming support for the funding application and acknowledging any institutional financial resources provided to the project
- Disclosure of any relationship with SRF Co-Chairs or the RSM Program Director, which may create the perception of a conflict of interest: potential conflicts of interest include, but are not limited to, advising, co-authoring, or consulting relationships
Proprietary Right & Acknowledgements
Grant recipients will retain copyright to all materials prepared in connection with the funded project. However, the SRF will retain an irrevocable, royalty-free license in perpetuity to use such materials for non-commercial purposes furthering the mission of the SRF. The SRF requires that any publication of the resulting research in articles or other forms includes an acknowledgement that the research was funded in part by the SRF of the Strategic Management Society.
Timetable & Evaluation Process
The SRF submission deadline is October 2, 2023. Notification of RSM grants awarded will be made by January 1, 2024. Submissions will be reviewed using the following criteria:
- Contribution to strategic management theory: Are the frameworks employed, the data to be used, and/or the potential results to be obtained likely to make a new and substantial theoretical or empirical contribution to the academic field of strategic management?
- Contribution to strategic management practice: Is this research likely to yield important advice for managers in private or public organizations and make a significant contribution to the practice of strategic management?
- Novelty of the research topic/question: Is this research likely to start or redirect a line of inquiry in the field of strategic management?
- Research design and methodological rigor: Are the data appropriate for the theory being developed or tested? Are the procedures appropriate for the research questions? Is the description of the methods to be used adequate? Is validity properly justified?
- Likelihood of project success: Are the qualifications of the research team appropriate for the proposed research? Do the researchers have sufficient access to resources (financial and non-financial) to carry out the project?
- Expected impact of the funding: Is SRF funding likely to make a significant difference to the quality, scope, or other characteristics of the project that will enhance its conceptual or empirical contributions to theory and practice?
Learn more about specific eligibility requirements, submission guidelines, and the evaluation process by reading the 2023 Call for Proposals.
Important RSM Dates
JULY 1, 2023
Submission System Opens
OCTOBER 2, 2023
LATE DECEMBER 2023
Notification of Review Committee Decisions
JANUARY 1, 2024
Grant Period Begins
DECEMBER 31, 2025
Grant Period Ends