Publications

August 2001 (Revised August 2003)
Teaching Note

Martin Smith: May 2000 TN

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note for (9-200-046). View Details

February 2001 (Revised April 2001)
Case

CDC Capital Partners

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

In 2001, CDC Capital Partners is facing the greatest challenge in its 53-year history. Founded as part of the U.K. government's post-war colonial reconstruction, it had operated as a developmental finance institution, largely issuing debt to the world's poorest... View Details

Keywords: Business or Company Management; Private Equity; Emerging Markets; Cost vs Benefits; Mergers and Acquisitions; Partners and Partnerships; Financial Institutions; Financial Services Industry; United Kingdom

August 2011 (Revised September 2011)
Background Note

U.S. Universities and Technology Transfer

By: Richard G. Hamermesh, Josh Lerner and Phillip Andrews

Technology transfer from U.S. universities to industry has increased dramatically in the last 25 years. Reviews the history of technology transfer with particular emphasis on the Bayh-Dole Act of 1980. It then examines how universities responded to Bayh-Dole, the... View Details

Keywords: Higher Education; Information Technology; Laws and Statutes; Education Industry; Technology Industry; United States

August 2008
Teaching Note

The Blackstone Group's IPO (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note for [808100]. View Details

Keywords: Financial Liquidity; Public Ownership; Initial Public Offering; Business and Stakeholder Relations; Organizational Structure; Financial Services Industry; China

December 2007
Teaching Note

Village Ventures (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

September 2004
Teaching Note

Between a Rock and a Hard Place: Valuation and Distribution in Private Equity (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note to (9-803-161). View Details

Keywords: Valuation; Distribution; Private Equity; Venture Capital; Investment Portfolio; Stocks

January 2004 (Revised May 2004)
Case

Montagu Private Equity (A)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Describes the dilemma facing Chris Masterson, the head of HSBC's private equity division, in negotiating this team's buyout of its organization from HSBC, its corporate parent since 1992. Discusses the pros and cons of being a captive fund and the delicate balance... View Details

Keywords: Private Equity; Balance and Stability; Asset Pricing

October 2003
Teaching Note

Martin Smith: January 2002 (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note to (9-298-076). View Details

September 2001 (Revised July 2003)
Teaching Note

Adams Capital Management: March 1999 TN

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note for (9-899-256). View Details

Keywords: Financial Services Industry

August 2001
Teaching Note

CDC Capital Partners TN

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note for (9-801-333). View Details

Keywords: Financial Services Industry; United Kingdom

August 2001
Teaching Note

Apax Partners and Dialog Semiconductor: March 1998 TN

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note for (9-201-044). View Details

Keywords: Financial Services Industry; Semiconductor Industry

1999
Report

Capital Formation and Investment in Venture Markets: Implications for the Advanced Technology Program

By: Josh Lerner and Paul A. Gompers

fall 1997
Article

Venture Capital and the Creation of Public Companies: Do Venture Capitalists Really Bring More than Money?

By: Paul A. Gompers and Josh Lerner

Keywords: Venture Capital; Business Ventures; Money; Public Ownership

Find at Harvard

26 Jan 2010
First Look

First Look: Jan. 26

impact of open source on consumers, firms, and economic growth in general. This book fills that gap. In The Comingled Code, Josh Lerner and Mark Schankerman, drawing on a new, large-scale database, show that... View Details

Keywords: Martha Lagace

April 2005
Article

Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999

By: Paul A. Gompers, Josh Lerner and David S. Scharfstein

Keywords: Entrepreneurship; Business Startups; Public Ownership

Find at Harvard

Read Now

2021
Working Paper

Two Case Studies on the Financing of Forest Conservation

By: Andrew Baxter, Connor Cash, Josh Lerner and Ratnika Prasad

A variety of factors is leading to fresh approaches to the ownership and management of forestland, with an emphasis on the combination of conservation goals and private investments. But the barriers to successfully achieving attractive financial returns and desirable... View Details

Keywords: Financing; Forestry; Environmental Management; Natural Resources; Financing and Loans

SSRN

Read Now

2016
Working Paper

Venture Capital Data: Opportunities and Challenges

By: Steven N. Kaplan and Josh Lerner

This paper describes the available data and research on venture capital investments and performance. We comment on the challenges inherent in those data and research as well as possible opportunities to do better. View Details

Keywords: Venture Capital; Analytics and Data Science; Investment

Read Now

1997
Chapter

Patent Scope and Emerging Industries: Biotechnology, Software, and Beyond

By: Josh Lerner and Robert P. Merges

Keywords: Patents; Applications and Software; Genetics; Information Technology Industry; Biotechnology Industry

Find at Harvard

May 2011
Case

Oriental Fortune Capital: Building a Better Stock Exchange

By: Josh Lerner and Keith Chi-ho Wong

When ChiNext opened in October 2009 as the second tier market of the Shenzhen Stock Exchange (SZSE), it aimed to provide Chinese entrepreneurs with equity capital and to facilitate the exits of venture capital firms and other investors which had previously relied on... View Details

Keywords: Capital Markets; Stocks; Financial Markets; Venture Capital; Private Equity; International Finance; Financial Services Industry; China