Shyam Kumar

Professor, Acting Associate Dean for Academic Affairs, Lally School of Management

Professor Shyam Kumar’s research examines how firms draw their boundaries and manage their product and market scope through actions such as corporate diversification, alliances, and acquisitions. In addition, he also studies how strategy and financial markets interact to collectively shape decision-making in the areas of innovation and entrepreneurship. His work has appeared in leading journals and book volumes including Advances in Mergers and Acquisitions, Advances in Strategic Management, Business and Society, Computational and Mathematical Organizational Theory, Journal of Management Studies, Organization Science, Strategic Management Journal, Strategic Entrepreneurship Journal, and Managerial and Decision Economics, among others.


Kumar has won wide recognition for his teaching, and was voted  “Outstanding Professor” by graduating Lally master’s students at Rensselaer in multiple years.  He has held various fellowships including the Lawrence Fellow of Professional Excellence and the Zicklin Fellowship, and his dissertation research was sponsored by the prestigious Richard Irwin Award. He currently serves as an editorial board member for Strategic Management Journal and Journal of International Business Studies, two of the top journals in the management field.


Kumar’s industry experience is in steel, where he worked in the area of strategy and international business with Tata Steel, India’s blue chip corporate. He has also consulted with the New York Press Association on revitalizing the news industry in the age of digital disruption.


Kumar is currently the Acting Associate Dean for Academic Affairs at Lally. He enjoys playing golf, listening to music, and working across disciplines to pursue novel research ideas.


Download Professor Kumar’s CV.


Ph.D., University of Illinois at Urbana-Champaign; MBA, Indian Institute of Management, Bangalore; B.Tech, Indian Institute of Technology, Delhi

Research Focus
  • Corporate Diversification & Firm Boundaries
  • Technology Strategy
  • Acquisitions and Alliances
  • Strategic Perspectives on Financing of Innovation and Entrepreneurship
Contact Information
Select Works
  • Cabral, J., Francis, B., & Kumar, M.V.S. 2021. The Impact of Managerial Job Security on Corporate Entrepreneurship: Evidence From Corporate Venture Capital Programs. Strategic Entrepreneurship Journal, 15: 28-48.
  • Cabral, J., Deng, C., & Kumar, M.V.S. 2020. Internal Resource Allocation and External Alliance Activity of Diversified Firm. Journal of Management Studies, 57(8): 1437-1780.
  • Francis, B., Harper, P., and Kumar, M.V.S. 2018. The Impact of Corporate Social Responsibility on Bank Loans. Forthcoming, Business and Society, 57: 1407-1439.
  • Choi, B-C., Kumar, M.V.S., and Zambuto, F. 2016. Capital Structure and Innovation Trajectory: The Role of Debt in Balancing Exploration and Exploitation. Organization Science, 27: 1183-1201**.
  • Kumar, M.V.S., Dixit, J., and Francis B. 2015. The Impact of Prior Market Reactions on Risk Taking in Acquisitions. Strategic Management Journal, 36: 2111-2121.
  • Kumar, M.V.S. 2013. The Costs of Related Diversification: The Effect of the Core Business on the Productivity of Related Segments. Organization Science, 24: 1827-1846.
  • Kumar, M.V.S. 2011. Are Joint Ventures Positive Sum Games? The Relative Effects of Cooperative and Non Cooperative Behavior. Strategic Management Journal, 32: 32-54.
  • Kumar, M.V.S. 2010. Differential Gains Between Partners in Joint Ventures: The Role of Resource Appropriation and Private Benefits. Organization Science, 21: 232-248.