Dr. Hemant Merchant

Dr. Hemant Merchant (PhD, Purdue University) is a professor of Global Business at the University of South Florida in St. Petersburg, USA (USFSP).  In late-November 2016, he was recognized with a 'Global Achievement' award for "...outstanding contributions to [University of South Florida System's] mission to ensure student success in a global environment."

Dr. Merchant currently is ranked as the 10th most prolific International management scholar in the world.  An award-winning researcher, Dr. Merchant is interested in uncovering the ‘performance drivers’ of firms who compete in emerging markets as well as service sector firms.  He has written extensively about value creation via joint ventures and about the performance implications of corporate strategic architecture when firms venture into international markets.  Prior to joining USFSP, Dr. Merchant was a professor of International Strategy and the Dean's Endowed Research Fellow at Simon Fraser University (Vancouver, Canada); his most recent position was at Florida Atlantic University (FAU).

PUBLICATIONS & GRANTS.  Dr. Merchant’s work has been published in several leading refereed journals, including the Canadian Journal of Administrative Sciences, Global Strategy Journal, International Business Review, Journal of Management, Journal of World Business, Management International Review, Multinational Business Review, Strategic Management Journal and Thunderbird International Business Review.  He has authored Competing in Emerging Markets (2008; Routledge) and co-edited the Handbook of Research on International Strategic Management (2012; Elgar) as well as a Special issue on multinationals in the 'Services' sector.  His most recent edited volume is the Handbook of Contemporary Research on Emerging Markets (2016; Elgar).  Currently, Dr. Merchant is working on another scholarly volume that will showcase thought-leadership in International Business and offer researchers as well as practitioners insights into the discipline's ongoing development.  Dr. Merchant’s research endeavors have earned him approximately $250,000 in various types of grants.

RESEARCH AWARDS.  Dr. Merchant's scholarly efforts have earned him 8 research accolades conferred by the Academy of International Business (AIB), Academy of Management (AOM) and Administrative Sciences Association of Canada (ASAC), all premier professional organizations in their respective disciplines.  In late-2017, Dr. Merchant's work on the performance impact of the interplay between home-country conditions and international diversification earned him AIB Southeast's Best 'Global Strategy' Track Paper Award as well as the Best Conference Paper Award.  In 2006, Dr. Merchant’s research about the effect of competitive pressures on shareholder value earned him ASAC’s prestigious Douglas Mackay Outstanding Paper Award—a coveted prize that he also won in 2005 for identifying joint venture configurations associated with value creation and destruction.  A parallel investigation into mechanisms via which emerging market joint ventures created shareholder value was a finalist for AIB’s 2004 Best Paper Award.  In 1990, Dr. Merchant’s work on mergers/acquisitions earned him AOM's Best Paper Award.  Dr. Merchant has also authored two award-winning teaching case-studies.  In 2007, he was awarded ASAC’s Honorable Mention Case Award for highlighting the headquarters-subsidiary relationship tensions in a large European multinational operating in a emerging market.  Another case-study won Dr. Merchant AOM’s 2006 Best Case Finalist Award for unraveling the nexus between a Asian multinational's expansion strategy and country-specific institutional contexts.  Dr. Merchant has authored other case-studies that have been reproduced in leading textbooks and/or included in the Ivey case collection.  At FAU, Dr. Merchant served on a committee that supervised a doctoral dissertation that won AIB's Best dissertation award and was a runner-up for AOM's Best dissertation award.

EDITORSHIPS & EDITORIAL BOARDS.  Dr. Merchant currently is a Consulting editor at the Journal of International Business Studies, the top-ranked journal in International Business and, until December 2018, was the Editor-in-Chief of the Journal of Asia Business Studies.  Until recently, he served as the 'Strategy' editor at the International Journal of Emerging Markets, a ‘Strategy & Business Environment’ editor at the Journal of Asia Business Studies and the ‘Strategic Management & International Business’ editor at Canadian Journal of Administrative Sciences.  Additionally, he serves (or has served) on the editorial boards of, among other, Cross-Cultural and Strategic Management, Global Strategy Journal, International Journal of Management, Economics and Social Sciences, International Journal of Management Studies and Research, Management and Organization Review, Management International Review, Strategic Management Journal and Thunderbird International Business Review, many of them premier journals in Strategy and/or International Business disciplines. 

TEACHING AWARDS.  Dr. Merchant teaches (or has taught) in graduate and executive programs at prestigious universities in Asia, Europe and North America where he has been consistently recognized for his approach to organizational problem-solving in international settings.  In 2014, he was nominated for USFSP Chancellor’s Award for Teaching Excellence as well as the Kate Tiedemann College of Business Teaching Award.  In 2009, Dr. Merchant was also nominated for FAU’s Distinguished [University] Teacher of the Year Award, the College of Business Teaching Award, and the Broward Campus Achievement Award (Best Faculty category).  In Canada, Dr. Merchant was awarded the Teaching Honor Roll twice and nominated four times for the elite TD-Canada Trust Distinguished Teaching Award. 

PROFESSIONAL SERVICE.  An active member of AIB, Dr. Merchant has served in several capacities including Paper development workshop panelist (2019, 2017) and Workshop leader (2018), Co-chair (2017, 2016) of 'International Business Theory, Direct Investment, and Entry Mode strategies' track.  Previously, Dr. Merchant chaired the ‘Strategic Alliances and Inter-firm Relationships’ and ‘Co-evolution of Emerging Markets and Multinational Corporations’ tracks.  Moreover, he has been a panelist several times on AIB's  'Doctoral Student' and 'Junior Faculty' consortium(s).  Dr. Merchant has also served other leading professional societies.  In 2015, he was a panelist on AOM’s Doctoral consortium (International Management division) and previously chaired AOM’s ‘Conducting Strategy Research in Emerging Markets’ workshop.  Dr. Merchant also served on Strategic Management Society’s (SMS) 2012 as well as 2013 Global Strategy Workshops.  From 2006 to 2008, Dr. Merchant was a elected representative-at-large for the SMS Global Strategy group.  Additionally, he has been included several times in Who’s Who in Canadian Business and Who’s Who in Management

CONSULTING & INDUSTRY EXPERIENCE.  Dr. Merchant regularly consults with several prestigious institutions worldwide and facilitates the formulation and implementation of their internationalization strategies.  He is currently assisting institutions around the world in building and nurturing their portfolio of 'international' competences.  For several years, he consulted with a large North American university to develop its International Business program.  Dr. Merchant also consults with domestic as well as multinational companies, and assists them in areas of 'emerging markets' strategy creation, strategic alliance development and management, as well as strategy development and execution.  He has designed and led a training seminar, titled ‘Doing business in emerging markets,’ involving a group of USA-based executives and owners of small- and medium-sized enterprises.  Dr. Merchant has also consulted with a leading aerospace company whose senior managers he assisted in the area of developing joint ventures in a key emerging market.  Prior to joining academia, Dr. Merchant worked for a unit of Reliance Industries Limited, now a Fortune Global 500 company (ranked #148 in 2017) and India’s largest private sector conglomerate with approximately U$65 billion in 2018 revenues.