AbstractThis paper reports the theoretical prediction and experimental verification of the connection between the yield stress of amorphous polymers and the physical aging phenomenon. The analysis reveals the existence of a fundamental relationship between the nonequilibrium glassy state and the thermally activated process controlling viscoelastic and plastic deformation. The results show that the volume relaxation and deformation kinetics share the same relaxation times, and that the activation energy for deformation belowTgis much smaller than previously mentioned in the literature. This indicates that the phenomenon of physical aging plays a very important role in the deformation and processing of polymers at low temperatures. The effect of quenching and annealing on the yield stress is described in terms of the mean energy of hole formation, the departure of volume from its equilibrium state, the distribution of hole energies, and lattice volume. The same set of molecular parameters obtained from the molecular kinetic theory of the glass transition and volume relaxation predicts the yield stress as a function of cooling rate, annealing time, temperature, and strain rate.