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PhD in Economics and Management of Sustainability and Innovation (EMSI) – CYCLE XLI

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PhD in 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. Angela De Leo

Mission and Vision

The PhD program in Economics and Management of Sustainability and Innovation is established with the vision. The program aims to cultivate a new cadre of researchers and professionals, armed with the requisite skills to tackle the most urgent global issues concerning sustainable development, digitalization, and innovation among others.

Through an interdisciplinary and research-driven approach, the PhD program in Economics and Management of Sustainability and Innovation seeks to cultivate a profound understanding of the intricate interplay between sustainability and technological progress. It endeavors not only to impart a robust methodological foundation but also to nurture students’ capacity for critical and creative thinking, essential for addressing emerging challenges.

Admission and information

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.

10.09.2025

Published the appointment decree of the examination committee for the PhD program, 41st cycle, EMSI (Click here)


04.08.2025

Announcement of the XLI cycle. The announcement is even published on the LUM website, on Euroaxes and on Italian University Ministery websites as foreseen by the regulations in force.

Facsimiles of the application

15.09.2025

The written exam with take place on 18.09.2025 h. 11,00 on Rectorate Building of LUM G. Degennaro – ss. 100 km. 18 – Casamassima (BA) – ROOM nr. 4

19.09.2025

  • Extract of Minute nr. 3 – Admission to the oral exam (click here)

The Oral exam with take place on 15.10.2025 h. 09,00 on Rectorate Building of LUM G. Degennaro – ss. 100 km. 18 – Casamassima (BA) – ROOM nr. 4

Any further changes will be published on this site, without further notice.

For any information
Dott.ssa ANGELA DE LEO – dottorati@lum.it
Tel.: 080-6978255

Info for current students

Please find in this section useful documents and tools for PhD students enrolled in the program


PhD Research funds

Starting from the first year, each PhD student is assured, in addition to the scholarship and within the financial resources existing in the budget, a budget for research activities of no less than 10 percent of the scholarship amount. The same budget is assured also to PhD students who do not hold a scholarship.

Typically, PhD students can access their research funds for:

  1. participation in conferences, seminars, and workshops (e.g., conference registration fee, membership fee, transport, food, lodging) for the presentation of articles and/or working papers included in the conference program;
  2. correction and revision (proof-editing) of texts in a foreign language for subsequent submission to conferences and/or journals;
  3. individual and non-subscription software licenses for scientific research;
  4. participation in conferences, seminars and workshops (e.g., conference registration fee, membership fee, transport, food, accommodation) of relevance for the scientific sector of the PhD student, to the maximum extent of one participation per year, even in the absence of scientific works to be presented;
  5. participation in educational activities provided by external entities (e.g., summer school, training programs, etc.) for a limited period (e.g., once a year).

Access to research funds requires the prior authorization of the Coordinator of the program by filling in Annex 5.

Data: 19.09.2025

The Oral exam with take place on 15.10.2025 h. 09,00 on Rectorate Building of LUM G. Degennaro – ss. 100 km. 18 – Casamassima (BA) – ROOM nr. 4
Extract of Minute nr. 3 – Admission to the oral exam

Data: 15.09.2025

The written exam with take place on 18.09.2025 h. 11,00 on Rectorate Building of LUM G. Degennaro – ss. 100 km. 18 – Casamassima (BA) – ROOM nr. 4
Minute nr. 1 – Criteria Minute nr. 2 - With admission of candidates Iscriviti

Data: 04.08.2025

The announcement is even published on the LUM website, on Euroaxes and on Italian University Ministery websites as foreseen by the regulations in force.

Announcement of the XLI cycle Facsimiles of the application

PhD Students

First Year
Ginevra Alessandra Lacalendola
1. Digital Transformation and Sustainable Innovation 2. Risk Management and ESG Integration 3. Family Firms 4. Strategic Management and Dynamic Capabilities 5. Stakeholder Governance and Institutional Pressures
Email
Ginevra Alessandra Lacalendola
Antonella Pia d'Aries
Business Model Innovation - Sustainable Entrepreneurship - Circular Economy Transition - Business Strategy
Email
Antonella Pia d'Aries
Martina Sozio
Behavioral Strategy and Managerial Decision-Making; Artificial Intelligence for Firms; Digital Transformation and Innovation
Email
Martina Sozio
Second Year
Federico Bronzini
Email
Federico Bronzini
Sabrina Fiore
Corporate Social Responsibility; Double Materiality & Sustainability Reporting under the CSRD; SMEs' Sustainability Integration; Sustainability Enabling Technologies
Email
Scarica CV
Sabrina Fiore
Elisa Gerbasi
Email
Elisa Gerbasi
Gaetano Magrone
Email
Gaetano Magrone
Simona Valenzano
Behavioral and Neurofinance, focusing on decision-making processes and influencing factors in financial markets; Crowdfunding dynamics and the role of demographic and behavioral variables; Ethics and misconduct in the banking sector and their broader implications; Corporate Social Responsibility (CSR) and its intersection with innovation and financial performance
Email
Simona Valenzano
Third Year
Daniele Arcidiacono
Email
Daniele Arcidiacono
Ilenia Fraccalvieri
Email
Ilenia Fraccalvieri
Giuseppe Pio Macario
Email
Giuseppe Pio Macario
Claudia Spilotro
Email
Claudia Spilotro
Job Market candidates
Domenica Barile
Email
Domenica Barile
Antonia Brandonisio
Email
Antonia Brandonisio
Giuseppe Cataldi
Email
Giuseppe Cataldi
Saida El Assal
Email
Saida El Assal
Domenico Frascati
Corporate Finance - Sustainable Finance - Behavioural Finance - Impact Investing
Email
Scarica CV
Domenico Frascati
Vitiana L’Abate
Corporate disclosure - Intellectual capital - Circular economy
Email
Scarica CV
Vitiana L’Abate
Michele Posa
Business Model Innovation - Strategic Management - Sustainability - Strategic Innovation
Email
Scarica CV
Michele Posa
Karolina Sallaku
Email
Karolina Sallaku
PhD Alumni

Cycle 37

FABIO ANOBILE
Research interests
Macroeconomics & Monetary Economics – Environmental Economics – Innovation – Microeconomics

STELLA FEDERICA BLASI
Research interests
Project Management – Innovation and Sustainability Management – Digital Transformation in the Agrifood Industry

MATTEO DE LEONARDIS

EDMUND IMBRAH

ILARIA MASTROROCCO 
Internationalisation of the University system – Ethics, Sustainability and Human Rights – Non-financial reporting – ESG rating and ESG disagreement – Green innovation and social behaviour

Cycle 36

ANGELA RELLA
Research interests
Performance Measurement – Public Sector Accounting – Efficiency – Transparency – Public Sector

ANNA RITA DIPIERRO
Research interests
-Machine Learning applications to Quality issues – Efficiency and productivity analysis – Quality of Government – Econometrics

FRANCESCO D’ERCOLE
Research interests
– Corporate Finance – Sustainable Finance and Climate Risk – Real Estate Finance

CHIARA COLAMARTINO
Research interests
– Econometrics, statistical methods, efficiency, and productivity analysis – Sustainability – Marketing – Mobility, tourism, transportation, and logistics

MARCO BARONE
Research interests
– CSR in Banking – ESG investments – Behavioural Finance – Neurofinance

VEBINA RESULI

Cycle 35

VALENTINA BATTISTA
Research interests
– Public Governance – Cultural Management – Innovation Management – CSR and Sustainable Development – Strategic design for cultural Heritage

DOMENICO DE FANO
Research interests
– Consumer behaviour – Peer to peer form of exchange – Sustainability – Information management

MARCO MARIA MATARRESE
Research interests
– Digital Economy – Public Debt – New Growth Economy

NOMAN MUSTAFA
Research interests
Environmental Corporate Social Responsibility- Sustainability- Social Issues in Management- Darkside of Organizational Behavior- Environmental Leadership

ZUBAIR AHMAD
Research interests
Corporate Social Responsibility – Innovation Management – Green Behaviour – Green Purchase intentions

ANNUNZIATA TARULLI
Research interests
– Sustainability and CSR practices – SDG actions in business – Technology Development – Consumer Behavior – Data analysis

Cycle 34

 KLEDJA CANAJ
Research interests
– Sustainability and CSR practices – SDG actions in business – Technology

LAVINIA CONCA
Research interests
– Statistical, econometric, and mathematical models – CSR of financial and non-financial companies – Non-financial disclosure – Sustainability Reporting

FRANCESCO MANTA
Research interests
– Management of natural resources: efficiency in production processes – Green Marketing and Consumer behavior: eco-labeling, green washing – Intellectual Capital and Sustainability

BOJAN RADISIC
Research interests
– Foreign Direct Investments – International Business and Economic Development – Mergers and Acquisition’s – Strategy Development – Economic Analysis – Belt and Road Initiative Investments – Asian management

Cycle 33

EMANUELE DORONZO
Research interests
– Corporate Finance – Impact Investing – International Finance – Risk management strategy – Asset Allocation strategy

NICOLA RAIMO
Research interests
– Non-financial disclosure – Sustainability Reporting – Integrated Reporting – Intellectual capital disclosure

ROSAMARTINA SCHENA
Research interests
– Innovation management – Strategic alliances – Exploration and exploitation, Ambidexterity – Corporate sustainability (CS) & Business Ethics – Corporate social responsibility (CSR) – Stakeholder Orientation – Green consumer behaviour

MARIANNA ZITO
Research interests
– Sustainable Finance – Environmental Finance – Real Estate Finance – Islamic Finance

Cycle 32

MARIJA STANKOVIC
Research interests:
Social Entrepreneurship – Sustainable Development – Circular Economy  – Economic Growth – Income Inequality

DANILO CONTE
Research interests:
CSR in Banking – Ethics in Finance – Trade credit – Credit Risk

ANNALISA LEUZZI
Research interests:
Family business and internationalization – the globalization of wine family companies and the preservation of authenticity – CSR and sustainability – Agrifood and wine sector

Cycle 31

ALESSANDRA CARAGNANO

ANASTASIA GIAKOUMELOU

GIULIA NETTI

Cycle 30

DARKO MILOSEVIC

FELICE PETRUZZELLA

Cycle 29

• 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.

Cycle 28

• 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.

Cycle 27

• 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.

Cycle 26

• 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

Cycle 25

• 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.

Cycle 24

• Morrone Domenico. Born in 1975, Bari (Italy). Research interests: Marketing Management, Energy Management and Sustainable Development.

Coordinator

The Faculty of the program is composed of the Coordinator 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 Coordinator of the PhD also chairs and coordinates the activities and meetings of the PhD Teaching Staff Council.

Prof. Angeloantonio Russo
Full Professor of Management Rector Delegate for Research and Sustainability

Contacts
russo@lum.it
https://sites.google.com/lum.it/russo/home
Prof. Angeloantonio Russo
Faculty Members

Faculty members involved in the teaching activities of the PhD program are:

  • Candida Bussoli, Full Professor of Banking, LUM University
  • Danilo Conte, Teaching Fellow of Banking, LUM University
  • Riccardo De Blasis, Assistant Professor of Quantitative Methods, Polytechnique University of Marche
  • Paolo Esposito, Associate Professor of Business Administration, University of Sannio
  • Antonello Garzoni, Full Professor of Business Administration, LUM University
  • Massimo Mariani, Full Professor of Finance, LUM University
  • Domenico Morrone, Associate Professor of Management, LUM University
  • Jane Paunkovic, Full Professor of Organizational Behaviour, Megatrend University
  • Nicola Raimo, Associate Professor of Accounting, LUM University
  • Angelo Rosa, Teaching Fellow of Organization, LUM University
  • Michele Rubino, Full Professor of Accounting, LUM University
  • Angeloantonio Russo, Full Professor of Management, LUM University
  • Rosamartina Schena, Assistant Professor of Management, LUM University
  • Giovanni Schiuma, Full Professor of Managerial Engineering, LUM University
  • Giustina Secundo, Full Professor of Managerial Engineering, LUM University
  • Pier Luigi Toma, Assistant Professor of Econometrics, University of Salento
  • Filippo Vitolla, Full Professor of Accounting, LUM University
Lessons schedule

Courses

Starting with the a.y. 2025-2026, 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:

  • 1° Semester
      • Research methods (Russo)
      • Econometrics (Toma)
      • Strategy and theory of the firm (Garzoni-Vitolla)
      • Qualitative research (Schena)
      • Digital transformation for sustainability (Schiuma-Secundo)

Seminars

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:
Advanced Panel
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

PhD Committee

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.

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.