Publications

23 Jan 2008
Op-Ed

A House Divided: Investment or Shelter?

live and take root, the home in recent times has been elevated to Investment Opportunity, a place where you stayed for awhile, made a lot of money, then moved on to the next home-investment. Is the definition of home about to change once... View Details

Keywords: by Nicolas P. Retsinas; Banking; Construction; Real Estate

25 May 2011
HBS Case

QuikTrip’s Investment in Retail Employees Pays Off

It's a much believed assumption in the retail world: If you're going to compete on the basis of low cost, then you can't afford to invest in your employees. Extensive training—who has the time to give? Regularly scheduled hours?—way too... View Details

Keywords: by Julia Hanna; Retail

17 Jan 2020
Blog Post

Going the Distance for Investment Excellence

financial analyst position with Goldman Sachs in mortgage trading and investment banking—but not until first earning a GMAT score he felt would later secure his acceptance at HBS. “In those seven weeks after graduation I did little but... View Details

Web

A Business Investment for You & Your Organization

The Advanced Management Program (AMP) at Harvard Business School is the highest level of executive education. Throughout AMP, the global diversity of other senior executives from around the world challenges your ways of thinking, offers valuable guidance, and creates... View Details

2017
Working Paper

Investment Timing with Costly Search for Financing

By: Samuel Antill

I develop a dynamic model of investment timing in which firms must first choose when to search for external financing. Search is costly and the arrival of investors is uncertain, leading to delay in financing and investment. Depending on parameters, my model can... View Details

Keywords: Real Options; Search And Bargaining; Time-varying Financial Conditions; Investment; Venture Capital; Mathematical Methods

SSRN

November 2005 (Revised August 2006)
Background Note

When Investing and Social Objectives Meet

By: Gregory S. Miller, Vincent Marie Dessain and Anders Sjoman

Introduces students to a group of investors and stakeholders who evaluate firms at least partially on factors other than eventual investment payoff. Focuses on investors who evaluate and attempt to impact firms' ethical, corporate governance, or other "societal"... View Details

Keywords: Consumer Behavior; Investment; Business and Stakeholder Relations; Business and Shareholder Relations

February 1982 (Revised March 1984)
Case

Travelers Investment Management Co.

By: David E. Bell

Keywords: Investment Portfolio; Management; Risk Management; Financial Services Industry

Find at Harvard

13 Jun 2011
News

Milan hit in troubled investment climate

October 2012 (Revised September 2015)
Case

Altoona State Investment Board: July 2012

By: Josh Lerner and Nathaniel Burbank

Considers the decision faced by state pension fund manager Rod Calhoun as he decides whether to invest $200 million in Bain Capital's eleventh global buyout fund: Bain Capital Fund XI. For the fund, Bain was offering its limited partners a choice between three... View Details

Keywords: Management Fees; Bain Capital; Venture Capital; Private Equity; Leveraged Buyouts; Banking Industry; Boston

1993
Chapter

Motivations for Foreign Investment

By: L. T. Wells Jr.

Keywords: Foreign Direct Investment; Motivation and Incentives

17 Apr 2009
Working Paper Summaries

The Investment Strategies of Sovereign Wealth Funds

Keywords: by Shai Bernstein, Josh Lerner & Antoinette Schoar; Financial Services

June 2000
Case

Intel Capital: The Berkeley Networks Investment

By: Henry W. Chesbrough and David Lane

Discusses how Intel Corp. uses corporate venture capital to explore new technologies in new markets. Intel combines external investments with internal research and development. View Details

Keywords: Technological Innovation; Venture Capital; Investment; Research and Development; Semiconductor Industry

July 1996 (Revised August 2017)
Case

Continuous Casting Investments at USX Corporation

By: Clayton Christensen

Focuses on the difficulty established companies face when confronted with disruptive technological innovations. The power that their prior asset investments, their cost structures, and their customers have in constraining their investment and innovation decisions are... View Details

Keywords: Disruption; Assets; Cost; Investment; Technological Innovation; Problems and Challenges; Mining Industry; Real Estate Industry

October 2006 (Revised August 2008)
Background Note

Performing Industry Research to Inform Investment Decisions

Conducting thorough research about an industry is often an important component of investment analysis. Written specifically for HBS MBA students, provides guidance on how to perform industry research to inform investment decisions. Provides detailed information about... View Details

Keywords: Decision Choices and Conditions; Investment; Supply and Industry; Research

10 Nov 2003
Research & Ideas

The Hard Numbers on Social Investments

In what is believed to be the largest study of its kind, MBA students at Harvard Business School recently analyzed the financial returns generated by 110 early-stage companies backed by Investors' Circle, a national network dedicated to early-stage View Details

Keywords: by Manda Salls

January 2009 (Revised May 2010)
Case

Altoona State Investment Board: December 2008

By: Josh Lerner

Rod Calhoun, the head of the Altoona State Investment Board's private equity investment program, considered the communication he had just received. It was from Permira, the leading European buyout fund, and concerned its fourth fund, to which Altoona had made a £ 100... View Details

Keywords: Private Equity; Financial Management; Financial Strategy; Investment Funds; Partners and Partnerships