Josh Lerner is the chair of the Entrepreneurial Management unit and Jacob H. Schiff Professor at Harvard Business School, and Managing Partner of Bella Research Group. He holds a bachelor’s degree from Yale University and a Ph.D. from Harvard's Economics Department.
Much of his research focuses on the structure and role of venture capital and private equity organizations. He also examines policies on innovation and how they impact firm strategies. He co-directs the National Bureau of Economic Research’s Productivity, Innovation, and Entrepreneurship Program and serves as co-editor of their publication, Innovation Policy and the Economy. He founded and runs the Private Capital Research Institute, a nonprofit devoted to encouraging access to data and research about venture capital and private equity.
In the 1993-1994 academic year, he introduced an elective course for second-year MBAs, which has consistently been one of the largest elective courses at Harvard Business School. In addition, Josh teaches a doctoral course on entrepreneurship, finance classes in the Owners-Presidents-Managers Program, and executive courses on private equity. He has written extensively on private equity, venture capital, and innovation methods and policies, producing a number of books, cases, and academic articles.
Among other recognitions, he is the winner of the Swedish government’s 2010 Global Entrepreneurship Research Award. He has recently been named one of the 100 most influential people in private equity over the past decade by Private Equity International magazine and one of the ten most influential academics in the institutional investing world by Asset International's Chief Investment Officer magazine. He currently serves as vice chair of the World Economic Forum’s Global Agenda Council on the Future of Investing.
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