Ends on

The Strategy Research Foundation (SRF) of the Strategic Management Society (SMS) invites applications for the 2022 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 the 2021 and 2022 program cycles is “Competitive Advantage in the 21st Century.” This theme addresses a classic question in the field of strategic management regarding how firms and managers affect performance outcomes among close competitors. In light of recent theoretical advances and changes in the business environment, this Call seeks proposals that revisit foundational research questions concerning competitive advantage (that have been examined using traditional conceptions and measures of performance such as competitive advantage, value creation, and factor productivity) and assess these questions with fresh perspectives. For example, with the blurring of industry boundaries and the emergence of new “ecosystems,” strategic management scholars might question whether an industry-based definition of competitive advantage is still useful. We might also ask whether competitive advantage is still a relevant concept for firms in the 21st century and whether social advantage or other stakeholder-oriented views of business outcomes are more important.

We invite theoretical and empirical proposals on topics and questions including but not limited to:

  • What does competitive advantage mean and how can it be measured?
  • Whether and how do the resource allocation and organizational policies used to create and sustain competitive advantage differ across important business contexts?
  • Is the concept of competitive advantage still relevant and useful today? Or should we seek to develop alternative ways of evaluating differences in outcomes between firms, for example by revisiting the separation between competitive and corporate strategy or by incorporating social and/or sustainability factors into our concepts and measures?

All applications should articulate how the proposed research contributes to answering this thematic question. Submissions drawing on a variety of theoretical perspectives to address specific research questions are welcome, providing the contribution to strategic management theory and practice is evident.

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.



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 2022 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, 2023.

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.

Submission Guidelines

Proposals (in English) are to be submitted by the PI through the online submission system. 

Proprietary Rights & 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.


For more information on this Grant and to see past recipients, visit the SMS RSM Website.

To contact the SMS Executive Office, please email: sms@strategicmanagement.net.

For technical assistance with this submission process, please contact Submittable Customer Service.

We use Submittable to accept and review our submissions.