We review recent developments in the construction of heterotic and type II string field theories and their various applications. These include systematic procedures for determining the shifts in the vacuum expectation values of fields under quantum corrections, computing renormalized masses and S-matrix of the theory around the shifted vacuum and a proof of unitarity of the S-matrix. The S-matrix computed this way is free from all divergences when there are more than 4 non-compact space-time dimensions, but suffers from the usual infrared divergences when the number of non-compact space-time dimensions is 4 or less.

Abstract:We derive the subleading soft graviton theorem in a generic quantum theory of gravity for arbitrary number of soft external gravitons and arbitrary number of finite energy external states carrying arbitrary mass and spin. Our results are valid to all orders in perturbation theory when the number of non-compact space-time dimensions is six or more, but only for tree amplitudes for five or less non-compact space-time dimensions due to enhanced contribution to loop amplitudes from the infrared region.

We construct Lorentz invariant and gauge invariant 1PI effective action for closed and open superstrings and demonstrate that it satisfies the classical BV master equation. We also construct the quantum master action for this theory satisfying the quantum BV master equation and generalize the construction to unoriented theories. The extra free field needed for the construction of closed superstring field theory plays a crucial role in coupling the closed strings to D-branes and orientifold planes.