Private Wealth Council
Prof. Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in the Finance and the Entrepreneurial Managemet Units.
Prof. Lerner graduated from Yale College with a special divisional major which 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 earned a PhD from Harvard's Economics Department.
Much of his research focuses on the structure and role of venture capital and private equity organizations. Prof. Lerner also examines the impact of intellectual property protection, particularly patents, on the competitive strategies of firms in high-technology industries.
Prof. Lerner founded, raised funding for, and organizes two groups at the national Bureau of Economic Research: the Entrepreneurship Working Group and the Innovation Policy and the Economy Group.
Prof. Lerner is a Research Associate in the Corporate Finance and Productivity Programs and serves as a co-editor of their publication 'Innovation Policy and the Economy'.
