PhD in EMSI
PhD in Economics and Management of Sustainability and Innovation (EMSI)
The PhD in Economics and Management of Sustainability and Innovation is a 3-year international program designed for highly qualified and motivated students who wish to acquire the research and analytical skills in business and managerial disciplines related to the management of sustainability and innovation.
The program provides students with solid methodological bases and the ability to design and implement research projects in economic and business disciplines, with a peculiar focus on sustainability (e.g., corporate sustainability, sustainable development, environmental management, social entrepreneurship), and innovation (e.g., social innovation, technological innovation, innovative business models).
The program is structured as a mix of full-time courses, field projects, research stages at leading international universities, interactions with teachers and scholars, and a tutored dissertation project. It is designed for students seeking jobs in academia as well as those who wish to acquire the skills of professional academic research to work outside the academia in different industries as entrepreneurs, managers as well as professional consultants.
LUM University encourages students with a clear research attitude to apply for the admission. The PhD program in Economics and Management of Sustainability and Innovation is on a progressive path to becoming a leading program worldwide in business and managerial disciplines related to the management of corporate sustainable strategies.
Director of the PhD Program is Prof. Angeloantonio Russo
Administrative assistant is Dr. Mariateresa Santaloia
LUM University encourages applications from international students. It values their presence in the program as an important contribution to its diversity and intellectual richness. While the program is designed to specialize students in one field of business administration and management, it provides them with the interdisciplinary knowledge that is welcome in the administrative and managerial sciences.
Throughout the program students will find an atmosphere congenial to scientific research and to participation in the international scientific debate. The PhD thesis is expected to show an autonomous ability to identify problems, and to design and conduct original research. It is expected that students will produce articles publishable in international journals.
The announcement with the related deadlines is published on the LUM website. For further information please visit this webpage.
The Faculty of the program is composed by the Director of the PhD, who is responsible for the organization and overall functioning of the PhD program, and Faculty members involved in the courses of the PhD program.
The Director of the PhD also chairs and coordinates the activities and meetings of the PhD Teaching Staff Council.
Faculty members involved in the teaching activities of the PhD program are:
- Prof. Mario Arioli, Full Professor of Mathematics, LUM University
- Prof. Candida Bussoli, Full Professor of Banking and Finance, LUM University
- Prof. Paolo Esposito, Associate Professor of Business Administration, University of Sannio
- Prof. Antonello Garzoni, Full Professor of Business Administration, LUM University
- Prof. Domenico Morrone, Associate Professor of Management, LUM University
- Prof. Jane Paunkovic, Full Professor of Organizational Behaviour, Megatrend University
- Prof. Angeloantonio Russo, Full Professor of Management, LUM University
- Pier Luigi Toma, Assistant Professor of Econometrics, University of Salento
- Prof. Filippo Vitolla, Full Professor of Accounting, LUM University
Teaching Staff Council
As from the XXXV cycle of the PhD in Economics and Management of Sustainability and Innovation, accredited in 2019 by the Italian Ministry for University and research, members of the PhD Teaching Staff Council are:
Prof. Angeloantonio Russo (Chair), Full Professor of Management, LUM University
Prof. Mario Arioli, Full Professor of Mathematics, LUM University
Prof. Candida Bussoli, Full Professor of Banking and Finance, LUM University
Prof. Sandro Castaldo, Full Professor of Management, Bocconi University
Prof. Paolo Esposito, Associate Professor of Business Administration, University of Sannio
Prof. Lucrezia Fattobene, Assistant Professor of Banking and Finance, LUM University
Prof. Giovanni Maria Garegnani, Full Professor of Accounting, LUM University
Prof. Antonello Garzoni, Full Professor of Business Administration, LUM University
Prof. Lucio Laureti, Associate Professor of Economics, LUM University
Prof. Alessandro Minichilli, Associate Professor of Business Administration, Bocconi University
Prof. Francesco Manfredi, Full Professor of Business Administration, LUM University
Prof. Domenico Morrone, Associate Professor of Management, LUM University
Prof. Slobodan Pajovic, Full Professor of Economics, Faculty of Belgrade
Prof. Jane Paunkovic, Full Professor of Organizational Behaviour, Megatrend University
Prof. Michele Rubino, Associate Professor of Business Administration, LUM University
Prof. Filippo Vitolla, Full Professor of Accounting, LUM University
PhD students are regularly enrolled at the first year, second year, and third year of the program based on the requirements indicated in the Regulation Statement of the program.
Job market candidates are the PhD candidates who have regularly completed the third year of the program, waiting for the final defense of their PhD thesis.
PhD Alumni have completed the program throughout the past years, having a position in the academia and business as well.
- Foreign Direct Investments - International Business and Economic Development - Mergers and Acquisition’s - Strategy Development - Economic Analysis - Belt and Road Initiative Investments - Asian management
1. Prof. Antonio Salvi (President), LUM University 2. Prof. Nicola MIglietta, University of Turin (Member) 3. Prof. Marco Meneguzzo, Tor Vergata University (Advisor)
- Corporate Finance - Impact Investing - International Finance - Risk management strategy - Asset Allocation strategy
1. Prof. Antonello Garzoni (President), LUM University 2. Prof. Michele Rubino (Member), LUM University 3. Prof. Filippo Vitolla (Tutor), LUM University
- Non-financial disclosure - Sustainability Reporting - Integrated Reporting - Intellectual capital disclosure
1. Prof. Angeloantonio Russo (President and Tutor), LUM University 2. Prof. Clodia Vurro, University of Milan (Member) 3. TBD
- Innovation management - Strategic alliances - Exploration and exploitation, Ambidexterity - Corporate sustainability (CS) & Business Ethics - Corporate social responsibility (CSR) - Stakeholder Orientation - Green consumer behaviour
1. Prof. Antonio Salvi (President), LUM University 2. Prof. Massimo Mariani, LUM University (Member) 3. Prof. Emanuele Teti, University of Pisa (Advisor)
- Sustainable Finance - Environmental Finance - Real Estate Finance - Islamic Finance
Job market candidates
1. Prof. Angeloantonio Russo (President), LUM University 2. Prof. Gianni Nicolini, Tor Vergata University (Member) 3. Prof. Candida Bussoli, LUM University (Advisor)
- CSR in Banking - Ethics in Finance - Trade credit - Credit Risk
1. Prof. Antonello Garzoni (President), LUM University 2. Prof. Michele Rubino (Member), LUM University 3. Prof. Filippo Vitolla (Tutor), LUM University
- Family business and internationalization - the globalization of wine family companies and the preservation of authenticity - CSR and sustainability - Agrifood and wine sector
1. Prof. Angeloantonio Russo (President and Tutor), LUM University 2. Prof. Clodia Vurro, University of Milan (Member) 3. Prof. Jane Paunkovic, Megatrend University (Member)
- Social Entrepreneurship - Sustainable Development - Circular Economy - Economic Growth - Income Inequality
• Amoruso Paola. Born in 1990, Bari (Italy). Research interests: Sustainable management, Water resources, Stakeholder perspective and participation for environmental management.
• Debellis Francesco. Born in 1988, Monopoli (Bari, Italy). Research interests: International Strategic Alliances, Entrepreneurship and Strategic Management, Competitive intelligence and Industry Analysis.
• Loncar Dejan. Born in Belgrade (Serbia) and lives in Geneva (Switzerland). Prior to joining The Global Fund in Geneva in capacity of Strategic Investment Adviser served at the UNAIDS, WHO and IOM. Research interests: energy efficiency, strategic investments and cost effectiveness, global warming.
• Vastola Vincenzo. Born in 1989, Bari (Italy). Research interests: Energy and Environmental Economics, Economic growth and distribution, Economics and Policy, Wealth Economics.
• Calace Donato: Born in 1988, Acquaviva delle Fonti (Italy). Research interests: Sustainable Development, Corporate Social Responsibility, Non-financial Reporting, Networking, Innovation. Google Scholar profile Scholarship offered by P.O. Puglia FSE 2007/2013 Asse IV Capitale Umano.
• De Turi Ivano: Born in 1986, Bari (Italy). Research interests: Entrepreneurship, technology transfer, innovation, University networks, academic spin offs, regional development.
• Menza Gianpiero: Born in 1986, Grottaglie (Italy). Visiting scholar at Harvard University (2013) UNDP – United Nations Development Programme (2014). Research Interest: CSR-Corporate Social Responsibility, Corporate Sustainability, Cross Sectoral Partnerships, Sustainable Development, innovation and business development, Renewable Energy.
• Miglietta Pier Paolo: Born in 1987, Nardò (Italy). Research interests: Sustainability Assessment, Environmental indicators, LCA, Foot-printing, Agricultural and Natural Resource Economics, Water, Internationalization.
• Riggio Mariateresa: Born in 1987, Bari (Italy). Research interests: Networking, Innovation, Internationalization, SMEs network, Formal Contract, Coopetition. Scholarship offered by P.O. Puglia FSE 2007/2013 Asse IV Capitale Umano.
• Ricciardelli Alessandra: Born in 1980, she holds a Master of ScIence in Development Studies at the University of Oxford in 2004. Phd in Economics and Management of Natural Resources at LUM University where she lecturer in Economics and Management of Smart Cities. Working in the LUM School of Management as Scientific Coordinator of several post-graduate Master courses related to Public Administration issues, she is EY Advisory’s consultant for local development. From 2019 she is Researcher at Scuola Nazionale dell’amministrazione – Presidenza del consiglio dei Ministri. She is also Visiting Scholar at MIT Media Lab. Her research interests are: social organisations, social networks, public governance, Smart Communities, social living labs
• Ivone Massimo: Born 1965 in Rutigliano (Ba) – Italy
• Lalic Goran: Born in Serbia
• La Torre Maura: Born in 1980, Penne (Pescara, Italy). PhD in Management of Innovation (2008). Research interests: Finance and Banking, Sustainable Finance, Financial Crimes. Scholarship offered by P.O. Puglia FSE 2007/2013 Asse IV Capitale Umano.
• Menoni Marco: Born in 1970, Parma (Italy). Research interests: Corporate sustainability; eco-innovation; growth, use of resources and pollution.
• Lupis Rogges Marco Giuseppe, Born in 1986, Altamura (Bari, Italy). Research interest: Energy Efficiency, Energy Intensity, Economic Development, Macroeconomic indicators, Renewable Energy. Scholarship offered by P.O. Puglia FSE 2007/2013 Asse IV Capitale Umano.
• Nikolic Mariija, born in 1984, Nis (Serbia). Research interests: sustainable development, entrepreneurship, social entrepreneurship, international entrepreneurship, comparative research. Scholarship offered by P.O. Puglia FSE 2007/2013 Asse IV Capitale Umano.
• L’Abbate Pasqua: Born in 1966, Polignano (Italy).Research interests: Green Economy, eco-sustainability, LCA, input-output analysis, carbon footprint, water footprint, renewable energy, degrowth.
• Zikic Srdjan. Born in 1974, Zajecar (Serbia). Research interests: Sustainable Development, Renewable energy sources, Energy and Environmental, Organizational behavior, Cross culture management
• Brunetti Francesco. Born in 1974, Mola di Bari (Italy); Degree in Contemporary History, 2nd level master in “Enhancement of historical and artistic heritage”; Research interest: Visual arts, environmental and cultural heritage, sustainable development, territorial marketing, contemporary economic and political history.
• Rosa Angelo. Born in 1978, Venosa (Italy); Degree in Economics and Business Administration; Research interest: evolution of organizational models, human resource management, Lean organizational, change management.
• Morrone Domenico. Born in 1975, Bari (Italy). Research interests: Marketing Management, Energy Management and Sustainable Development.
Structure and Requirement
Detailed requirements are indicated in the Regulation Statement to obtain the PhD in Economics and Management of Sustainability and Innovation at LUM University. Throughout the 3-year program, all students must:
Attend the courses throughout the first and second semester;
Pass each exam of the first and second semester:
o Minimum level is C.
o Students who rank an exam with the level of D must repeat the exam.
o A second D in the same course does not allow to complete the PhD.
Pass the General Exam, typically taken by the end of the second semester.
o Minimum level is PhD pass.
o The General Exam can be taken at most once. Students who do not pass it are not allowed to complete the PhD.
Define their own research setting, identifying the research proposal idea;
Nominate the PhD Committee:
o Deadline is the end of the third semester (typically April).
Give at least one presentation of their research at leading international conferences under supervision of their main advisor.
o If at least an acceptance at leading international conference is not reached by the end of the fourth semester, students are not allowed to complete the PhD.
Prepare, submit and defend their Research Proposal throughout the fourth semester (typically, no later than August) in front of the PhD Committee.
Spend a semester abroad (at least 3 months) in leading Universities or Research Institutions (not mandatory but strongly suggested).
Spend a semester abroad (at least 3 months) at leading Universities or Research Institutions (not mandatory but strongly suggested).
Have at least one submission or revise and resubmit of their research at leading international journals under supervision of their main advisor.
o If at least one submission to, or a Revise & Resubmit (R&R) from leading international journals is not reached by the end of the sixth semester, students are not admitted to the final defense of their PhD thesis.
Prepare the PhD Thesis and ask for the admission to the final exam, under the supervision of the main advisor.
Defend the PhD Thesis in front of the PhD Committee throughout the sixth semester (typically, no later than August). Candidates must ask for the admission to the final exam by September 30th of the third year. The final thesis has to be submitted to the Teaching Staff Council (TSC) by October 30th of the third year, having the positive expression of the PhD Committee. Having the evaluation by the PhD Committee, a commission made of at least two members (nominated by the TSC will then deliberate on the thesis, having 30 days upon the submission of the theses to deliberate if: a) the candidate is admitted to the final exam; or b) the thesis requires some revisions, allowing the candidate an extension of a maximum of six months.
The program is structured as a mix of full-time courses, field projects, and research stages at leading international universities, interactions with teachers and scholars, and a tutored dissertation project.
Courses are typically organized in two semesters:
Research methods: Prof. Angeloantonio Russo
Strategy & Theory of the Firm: Prof. Antonello Garzoni and Prof. Filippo Vitolla
Econometrics: Prof. Pier Luigi Toma
Big data in social sciences: Prof. Mario Arioli
Organizational culture: Prof. Jane Paunkovic
Public management & sustainability: Prof. Paolo Esposito
Environmental management & innovation: Prof. Angeloantonio Russo
Green marketing: Prof. Domenico Morrone
Banking & sustainability: Prof. Candida Bussoli
Additional seminars are typically organized throughout the academic year, which students are required to take with the aim of specializing and focusing on specific topics.
Seminars held throughout the PhD program in the past years are:
May 31st, 2019: 2pm-5pm
Csp On The Business Of Modern Slavery
Andrew Crane, Management University Of Bath
May 17th, 2019: 2pm-5pm
How To Make The Reviewer
Davide Ravasi, University College Of London
May 10th, 2019: 2pm-5pm
Signalling Theory, Impression Management E Csr
Fabrizio Zerbini, Escp Europe
April 1st – 5th, 2019:
Randolf Bruno, University College Of London
March 15th, 2019: 2pm-5pm
Corporate Sustainability And Value Creation: A Multidisciplinary Approach
Jonatan Pinkse, Allianz Manchester Business School
September, 20th, 2017: 10.00pm-12.30pm
Tools and methods for academic research: the case study
Emmanuella Plakoyiannaki, Leeds University Business School
June 29th, 2017: 9.30am-12.30pm
Knowledge Creation in Academia: Unveiling the “Mystery” of Journal Publication Processes for PhD students
Laura Costanzo, Southampton Business School
May 26th, 2017: 10am-1pm
How to publish on Top Journals: from the idea t the submission
Davide Ravasi, Cass Business School
May 5th, 2017: 11.00am-2.00pm
Tools and methods for academic research: an econometric approach
Radolph Bruno, University College of London
March, 30th, 2017: 2.30pm-5.30pm
From value-driven marketing to corporate shared value
Noemi Hajdu, University of Miskolc
March, 3rd, 2017: 11am-2pm
Tools and methods for academic research: the survey research
Elko Klijn, VU University of Amsterdam
February, 17th, 2017: 10am-1pm
Corporate Sustainability and Value Creation: a Multidisciplinary Approach
Jonatan Pinkse, Allianz Manchester Business School
Throughout the third semester (typically, no later than April), each student will communicate to the PhD Program Administrative Office the name of the members of his/her dissertation committee and a preliminary title of the Research Proposal mainly identifying the research field of interest (see Annex 1).
Identifying the PhD Committee is students’ responsibility. If anyone does find it difficult to identify the advisor (see below for more detail), it is suggested to contact the Director of the PhD to get advice.
The Committee is composed of three faculty members:
The President, the Member, and the Advisor;
The Committee may be extended to include a fourth member, provided that (s)he is a recognized expert in the discipline within which students intend to conduct their thesis research. Students who intend to include such a member should ask the permission to the Director.
When forming the PhD Committee, students should remember that:
- They must name the advisor, i.e. the Committee member most involved in monitoring the student’s research. Advisor can be selected among Full professors, Associate professors and/or Assistant professors at one of the partner Universities; an advisor or member who is Full professor, Associate professor or Assistant professor at an Italian or foreign University that is not partner of the program can be included under the approval of the Director of the program.
- The Member has to be identified among Full professors, Associate professors and/or Assistant professors at one of the partner Universities; a Member who is Full professor, Associate professor or Assistant professor at an Italian or foreign University that is not partner of the program can be included under the approval of the Director of the program.
- They are strongly encouraged to include one foreign member in the PhD Committee.
- They must name the President of the PhD Committee, who must be a Full or Associate professor at one of the partner Universities.
Research proposal and final thesis
The aim of the process is enabling the students to elaborate a credible research proposal. Delivering a PhD dissertation capable of producing potentially publishable papers entails planning of both scientific and practical issues. The proposal represents a first ‘reality check’ for both students and advisors. Is the candidate likely to deliver an original contribution to knowledge in his/her selected field within the given time and resource constraints? This is the fundamental question the evaluation committee will have to answer.
The committee is not meant to evaluate the scientific content or the interest of the research questions. That is something which is left to students and advisors to decide. The committee evaluates the clarity of the proposal, first and foremost. Secondly, it looks at the feasibility and it is meant to raise constructive comments on this. But ultimately, the choice of what to do and how to do it rests with candidates and advisors. These latter are encouraged to participate to their students’ presentations (thought they are not meant to lead the discussion).
The proposal is meant as a ‘map’ useful to organize the following two/three semesters of work. What one intends to do, though, may of course change as the data gathering and data analysis processes proceed. Changes may happen to intended research questions, methods, etc. These changes are a normal matter in the intellectual evolution of a person and are part of the normal discussion between student and advisor(s). The research proposal is not meant to constrain such an evolution. It is simply meant to provide students, and advisors, with a common focusing device.