Business Strategy and Policy Making: A Comparative Study of Business Models

About this project

Project description

Compare and contrast the traditional and new business models, and identify the factors that differentially impact these businesses, including firm strategy, and government policy, in the context of both Australia and India.

Considering the importance of both old and new business models on business strategy and the role of policy making in the context of Australia and India this study will be conducted with the following research objectives:
1. Identify the factors that impact business strategy in traditional versus new businesses.
2. Identify/model the key differentiating characteristics underlying the old and new business models, including business strategy, firm organization, and managerial decision-making.
3. Model the factors that impact business strategy in the new digital era, and establish hierarchical inter-linkages among these factors.
4. Undertake quantitative and case study analysis of both traditional and new business models and develop/extend new theories of the firm for the digital era.
5. Compare and contrast the measures adopted by policy makers in Australia and India to sustain advantage in the new, digital era.

The methodology will include both primary and secondary research. A set of firms pursuing traditional, digital, and hybrid business models will be identified from secondary sources. Using quantitative modelling, these firms will be compared on a range of strategic, organizational, and functional characteristics. The impact of policy making on these firms will also be examined. The results will be verified with a few in-depth case studies in Australia and India, and validated with experts in these fields. The findings will be presented in seminars, workshops, conferences, and other academic forums nationally and internationally


Following outcomes of the study are proposed:
1. Extend/develop a new theory of the firm for the digital era.
2. Test and validate the proposed new theory of the firm with large-scale quantitative data, and in-depth case studies.
3. Present the findings to academic, practitioner and policy communities through national and international seminars, workshops, conferences, and journal publications.

Information for applicants

Essential capabilities

High proficiency in English language (reading and writing); evidence of previous experience, field work, and published conference papers preferred.

Desireable capabilities

Business Strategy, Business Model and Policy Making domain knowledge is desirable

Expected qualifications (Course/Degrees etc.)

Bachelor’s degree (honours) with a first or second class or Masters degree with a research study.

Additional information for applicants

note: i-students must have own scholarship to apply (CSIR, UCG-NET, etc)

Project supervisors

Principal supervisors

UQ Supervisor

Associate professor Sunil Venaik

UQ Business School
IITD Supervisor

Associate professor Sanjay Dhir

Department of Management Studies