Josh Lerner Jacob

H. Schiff Professor of Investment Banking

Harvard Business School

Josh Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in the Finance and Entrepreneurial Management Units. He graduated from Yale College with a Special Divisional Major that combined physics with the history of technology. He worked for several years on issues concerning technological innovation and public policy, at the Brookings Institution, for a public-private task force in Chicago, and on Capitol Hill. He then obtained a Ph.D. from Harvard’s Economics Department.

Much of his research focuses on the structure and role of private equity organizations. This research is collected in two books, “The Venture Capital Cycle” (MIT Press, 1999 and 2004) and “The Money of Invention” (HBS Press, 2001). He is a Research Associate in the National Bureau of Economic Research’s Corporate Finance and Productivity Programs, and organizes the NBER Innovation Policy and the Economy Group and the Entrepreneurship Working Group. His latest books are “Boulevard of Broken Dreams” and “International Differences in Entrepreneurship.” He is the winner of the 2010 Global Entrepreneurship Research Award.