Professor Timothy Devinney, a UNSW academic and expert on strategy, innovation and international business, has been awarded a prestigious Rockefeller Foundation Bellagio Fellowship.

Professor Devinney, an AGSM Professorial Research Fellow from Strategy and Entrepreneurship at the Australian School of Businessâ„¢, will take up the residency at the Foundation's centre in Italy in 2008.

The fellowship is offered to scholars internationally and is highly competitive. This is the first time it has been awarded to a Management academic.

Earlier this year Professor Devinney was awarded a 2007-2008 Alexander von Humboldt Research Award in recognition of his international research achievements and academic career. The Humboldt Research Award honours scholars and scientists who make outstanding contributions through new theories, discoveries and insights that impact their research area.

"My career has evolved quite dramatically over the last 10 to 15 years," says Professor Devinney. "I started as an economist interested in financial intermediation and then moved on to the study of innovation, strategy and international business. My current research examines the missing side of the social responsibility debate, the role of the consumer and individual."

Professor Devinney is one of only two Australian academics to have received both awards.