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 service sector multinationals.  His most recent edited volume is the Handbook of Contemporary Research on Emerging Markets (2016; Elgar).  Dr. Merchant’s research endeavors have earned him approximately $225,000 in various types of grants as well as six 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 the Management discipline. 

RESEARCH AWARDS.  To date, Dr. Merchant's scholarly efforts have earned him 8 research accolades.  In late-2017, Dr. Merchant (coauthored) 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 also authored other case studies that have been reproduced in leading textbooks or included in the Ivey case collection.  

EDITORSHIPS & EDITORIAL BOARDS.  Dr. Merchant currently is the Editor-in-Chief of the Journal of Asia Business Studies and also a Consulting editor at the Journal of International Business Studies, the top-ranked journal in International Business.  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 Cross-cultural 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

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 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 leading professional societies, Dr. Merchant served on AOM’s 2015 Doctoral consortium (International Management division).  He also served on AIB’s 2012 Doctoral Student Consortium and on Strategic Management Society’s (SMS) 2012 as well as 2013 Global Strategy Workshop.  Previously, he chaired AIB’s 2009 ‘Strategic Alliances and Inter-firm Relationships’ track for the second consecutive year as well as AOM’s 2008 ‘Conducting Strategy Research in Emerging Markets’ workshop.  In 2007, Dr. Merchant chaired AIB’s ‘Co-evolution of Emerging Markets and Multinational Corporations’ track.  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

INDUSTRY EXPERIENCE.  Dr. Merchant has consulted with domestic as well as multinational companies, and assists them in areas of emerging markets strategy formulation, alliance creation and management, and strategy development and training.  He has also designed and led a training seminar, titled ‘Doing business in emerging markets: The case of India,’ involving a group of USA-based executives and owners of small- and medium-sized enterprises.  For several years, Dr. Merchant consulted with a large North American university to develop their International business program.  He is currently assisting other institutions around the world in building and nurturing their portfolio of 'international' competences.  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 and India’s largest private sector conglomerate with approximately U$50 billion in annual revenues.