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  • All HBS Web  (8,589)
    • People  (23)
    • News  (1,790)
    • Research  (5,059)
    • Events  (38)
    • Multimedia  (116)
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  • winter 2000
  • Article

Assessing the Impact of Venture Capital to Innovation

By: Samuel Kortum and Josh Lerner
We examine the influence of venture capital on patented inventions in the United States across twenty industries over three decades. We address concerns about causality in several ways, including exploiting a 1979 policy shift that spurred venture capital fundraising.... View Details
Keywords: Venture Capital; Innovation and Invention
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Kortum, Samuel, and Josh Lerner. "Assessing the Impact of Venture Capital to Innovation." RAND Journal of Economics 31, no. 4 (winter 2000): 674–692. (Supplemental appendix.)
  • 07 May 2007
  • Research & Ideas

Rediscovering Schumpeter: The Power of Capitalism

If capitalism was the most influential single economic and social force of the 20th century (and continuing today), there is no better guide to understanding its power and complexity than famed economist Joseph Schumpeter, says Harvard... View Details
Keywords: by Sean Silverthorne; Education
  • December 2009
  • Case

Milliway Capital & Martin Smith: November 2008

By: G. Felda Hardymon, Matthew Rhodes-Kropf and Ann Leamon
Martin Smith, a recent MBA graduate, has just joined a top-tier venture capital firm in the difficult environment of late 2008. One of his first assignments is to review three companies in a partner's portfolio and recommend strategies for managing them. In addition,... View Details
Keywords: Investment Portfolio; Financial Management; Private Equity; Business Strategy; Partners and Partnerships; Venture Capital; Business or Company Management
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Hardymon, G. Felda, Matthew Rhodes-Kropf, and Ann Leamon. "Milliway Capital & Martin Smith: November 2008." Harvard Business School Case 810-088, December 2009.
  • January 2024
  • Technical Note

Venture Capital and Private Equity Funds: A Primer

By: Jo Tango and Christina Wallace
How do venture capital and private equity funds actually work? This Technical Note covers the "when, who, and how" details:
  • "When": fund length, extensions, and when investors can no longer initiate new investments.
  • "Who": who is in the General... View Details
Keywords: Fund Flows; Fund Management; Venture Capital; Private Equity; Investment Funds
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Tango, Jo, and Christina Wallace. "Venture Capital and Private Equity Funds: A Primer." Harvard Business School Technical Note 824-123, January 2024.
  • May 1985
  • Background Note

Equity Capital Transactions and Analysis

By: David F. Hawkins
Keywords: Capital; Equity
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Hawkins, David F. "Equity Capital Transactions and Analysis." Harvard Business School Background Note 185-128, May 1985.
  • January 2006 (Revised April 2006)
  • Case

Capitalism and Democracy in a New World

By: Bruce R. Scott, Sarah Potvin and Alison Adams
Focuses on the formulation of the Northwestern Ordinance as the core of a development strategy for capitalism and democracy in the United States. A precursor to the Constitution, the Northwestern Ordinance was based on the New England Model to achieve a broad and... View Details
Keywords: Equality and Inequality; Economic Systems; Income; Laws and Statutes; Government and Politics; Growth and Development Strategy; Power and Influence; United States
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Scott, Bruce R., Sarah Potvin, and Alison Adams. "Capitalism and Democracy in a New World." Harvard Business School Case 706-030, January 2006. (Revised April 2006.)
  • October 1969 (Revised January 1978)
  • Background Note

Capital Investment Analysis: Chapter 13

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Dearden, John. "Capital Investment Analysis: Chapter 13." Harvard Business School Background Note 169-020, October 1969. (Revised January 1978.)
  • 1978
  • Chapter

The Taxation of Capital Gains

By: Jerry R. Green
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Green, Jerry R. "The Taxation of Capital Gains." In Federal Tax Reform: Myths and Realities, edited by Michael J. Boskin. San Francisco: Institute for Contemporary Studies, 1978.
  • February 2016 (Revised September 2017)
  • Case

Mohamed Azab and Seha Capital

By: Richard G. Hamermesh and Sarah McAra
In January 2011, Mohamed Azab, founder and CEO of health care investment firm Seha Capital, made his first health care investment in Hassab Labs, a diagnostic lab in Alexandria, Egypt. Weeks later, a revolution erupted across the country as the Arab Spring swept... View Details
Keywords: Health Care; Health; Pan-Africa; Health Care Investment; Financing; Developing World; Entrepreneurship; Health Care and Treatment; Investment; Financing and Loans; Developing Countries and Economies; Egypt; Africa
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Hamermesh, Richard G., and Sarah McAra. "Mohamed Azab and Seha Capital." Harvard Business School Case 816-066, February 2016. (Revised September 2017.)
  • 1982
  • Working Paper

Pattern of OPEC Capital Flows

By: S. L. Hayes III, Dwight B. Crane and Elaine C. Ide
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Hayes, S. L., III, Dwight B. Crane, and Elaine C. Ide. "Pattern of OPEC Capital Flows." Harvard Business School Working Paper, No. 82-14, January 1982.
  • September 2013
  • Teaching Note

Stock Pitching at Freelin Capital

By: Lauren Cohen
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Cohen, Lauren. "Stock Pitching at Freelin Capital." Harvard Business School Teaching Note 214-026, September 2013.
  • September 2013
  • Case

Stock Pitching at Freelin Capital

By: Lauren Cohen
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Cohen, Lauren. "Stock Pitching at Freelin Capital." Harvard Business School Case 214-005, September 2013.
  • November 2010
  • Article

Capitalizing on the Underdog Effect

By: Anat Keinan, Neeru Paharia and Jill Avery
This article presents the results of a study that investigated the use of the underdog effect in marketing. The idea of triumphing over disadvantages by impassioned determination is said to be a powerfully positive image, which can lead consumers to choose a brand over... View Details
Keywords: Marketing; Brand Management; Brands; Brand Positioning; Competitive Positioning; Competition; Brands and Branding; Advertising Campaigns; Marketing Communications; Marketing Strategy; Advertising Industry; Apparel and Accessories Industry; Beauty and Cosmetics Industry; Consumer Products Industry; Fashion Industry; Food and Beverage Industry
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Keinan, Anat, Neeru Paharia, and Jill Avery. "Capitalizing on the Underdog Effect." Harvard Business Review 88, no. 11 (November 2010): 32.
  • May 2004
  • Teaching Note

Valuing Capital Investment Projects (TN)

By: W. Carl Kester
Teaching Note to (9-298-092). View Details
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Kester, W. Carl. "Valuing Capital Investment Projects (TN)." Harvard Business School Teaching Note 204-152, May 2004.
  • August 2001
  • Teaching Note

Venture Capital Case Vignettes TN

By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Teaching Note for (9-801-408). View Details
Keywords: Financial Services Industry
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Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Venture Capital Case Vignettes TN." Harvard Business School Teaching Note 802-052, August 2001.
  • October 2011 (Revised October 2012)
  • Background Note

On the Use of Capital Efficiency Metrics

By: Willy Shih and Margaret Pierson
This note describes capital efficiency metrics including RONA, ROIC, and EVA. This note is intended to be used with the case "Boeing 737 Industrial Footprint: The Wichita Decision," HBS No. 612-036. View Details
Keywords: Capital; Performance Efficiency
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Shih, Willy, and Margaret Pierson. "On the Use of Capital Efficiency Metrics." Harvard Business School Background Note 612-034, October 2011. (Revised October 2012.)
  • Article

Capital Allocation in Financial Firms

By: André Perold
Keywords: Resource Allocation; Capital; Finance; Business Ventures
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Perold, André. "Capital Allocation in Financial Firms." Journal of Applied Corporate Finance 17, no. 3 (Summer 2005).
  • July 2014
  • Supplement

Barclays Bank and Contingent Capital Notes, 2012 (CW)

By: Lucy White and Trent Kim
In 2012, regulatory changes following the financial crisis mean that Barclays Bank is faced with the need to raise large amounts of capital in order to comply with increased capital requirements, tightening rules as to the "quality of capital," and increased risk... View Details
Keywords: Capital; Financial Crisis; Banks and Banking; Banking Industry
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White, Lucy, and Trent Kim. "Barclays Bank and Contingent Capital Notes, 2012 (CW)." Harvard Business School Spreadsheet Supplement 215-701, July 2014.
  • January 2025
  • Case

Arsenal Capital Partners' Refinancing of Pinnacle

By: Victoria Ivashina and Srimayi Mylavarapu
Arsenal Capital Partners’ portfolio company, Pinnacle, a leading producer of high-performance adhesive technologies, has experienced rapid growth under Arsenal’s ownership. Over just two years, Pinnacle's EBITDA increased from $13.5 million to $60 million. By mid-2021,... View Details
Keywords: Business Exit or Shutdown; Decision Choices and Conditions; Private Equity; Financing and Loans; Growth Management
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Ivashina, Victoria, and Srimayi Mylavarapu. "Arsenal Capital Partners' Refinancing of Pinnacle." Harvard Business School Case 225-075, January 2025.
  • May 2024 (Revised February 2025)
  • Teaching Note

Cost of Capital at DraftKings

By: Malcolm Baker and Sebastian Hillenbrand
Teaching Note for HBS Case No. 224-007. View Details
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Baker, Malcolm, and Sebastian Hillenbrand. "Cost of Capital at DraftKings." Harvard Business School Teaching Note 224-081, May 2024. (Revised February 2025.)
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