by Josh Lerner - Publications - Faculty & Research

20 Mar 2000
Research & Ideas

Incubators: The New Venture Capitalists?

Move over, venture cap. There's a new kid on the block. It's the business incubator, and it has the potential to remake the way businesses are launched in the Internet economy. Incubators are not really new, of course. "They've been around a long time," said... View Details

Keywords: by Kenneth Liss

14 Apr 2009
First Look

First Look: April 14, 2009

Working Papers The Investment Strategies of Sovereign Wealth Funds Authors: Shai Bernstein, Josh Lerner, and Antoinette Schoar Abstract This paper examines the direct private equity investment strategies across sovereign wealth funds... View Details

Keywords: Martha Lagace

03 Jan 2011
Research & Ideas

Most Popular Articles of 2010

difference do angel investors make for the success and growth of new ventures? William R. Kerr and Josh Lerner of HBS and Antoinette Schoar of MIT provide fresh evidence to address this crucial question in... View Details

Keywords: by Staff

10 May 2011
First Look

First Look: May 10

NEAD). NEAD chains create "bridge donors" whose incompatible recipients receive kidneys before the bridge donor donates, and so risk reneging by bridge donors, but offer the opportunity to create more transplants View Details

Keywords: Sean Silverthorne

23 Jan 2018
First Look

First Look at New Research and Ideas, January 23, 2018

examines investments made by 13 angel groups across 21 countries. We compare applicants just above and below the funding cutoff and find that these angel investors have a positive impact on the growth, performance, and survival of firms... View Details

Keywords: Sean Silverthorne

30 Jun 2009
First Look

First Look: June 30

offered high returns over the past decade. Download the paper from SSRN ($5): http://papers.nber.org/papers/w15014 Buy Local? The Geography of Successful and Unsuccessful Venture Capital Expansion Authors:Henry Chen, Paul Gompers, Anna Kovner, and View Details

Keywords: Martha Lagace

16 Feb 2004
Research & Ideas

European Private Equity—Still a Teenager?

because they're driven by mutual funds or hedge funds and are rewarded in the short term. Long-term funders can expect to see more opportunities coming their way, he continued. According to moderator Josh... View Details

Keywords: by Martha Lagace; Financial Services

28 Jun 2022
Book

The Moral Enterprise: How Two Companies Profit with Purpose

How can government and business work together in this fractious political moment, when finding solutions to pressing problems like inequality and climate change are more urgent than ever? Rebecca Henderson, Harvard University’s John and Natty McArthur University... View Details

Keywords: by Avery Forman

22 Aug 2011
Research & Ideas

Getting to Eureka!: How Companies Can Promote Creativity

tree placed in anticipation of a beaning. Or better yet, think of your own brilliant analogy. Inspiration below. Josh Lerner And Tom Nicholas: Blue-ribbon Innovation On the morning of October 4, 2004, the... View Details

Keywords: by Michael Blanding

30 Dec 2013
Research & Ideas

Most Popular Articles of 2013

of patent applications, on facilitating transactions in the market for ideas. Standard-Essential Patents Josh Lerner builds a framework for the analysis of standard-essential patents and suggests a policy... View Details

Keywords: by Staff

24 Jul 2000
Research & Ideas

Something Ventured, Something Gained: A European View of Venture Capital

Venture capital is a tale of two continents, HBS professor Josh Lerner (coauthor of the book The Venture Capital Cycle) explained in his opening remarks at a Global Alumni Conference panel titled... View Details

Keywords: by James E. Aisner; Financial Services

03 Nov 2003
Research & Ideas

Making Money Making Movies

investigates the drivers of success and failure of media and entertainment products such as motion pictures and video games. Her paper, "Demand and Supply Dynamics for Sequentially Released Products in International Markets: The Case of Motion Pictures,"... View Details

Keywords: by Manda Salls; Entertainment & Recreation; Motion Pictures & Video

2024
Working Paper

Case Studies of the Emulation of Chinese Entrepreneurial Business Models

By: Josh Lerner, Junxi Liu, Jacob Moscona and David Yang

This working paper presents four short case studies of emerging market businesses whose founders emulated Chinese firms. These examples are part of a more systematic pattern, documented extensively in Lerner et al. (2024), in which businesses developed in China were... View Details

Keywords: Emerging Markets; Business Ventures

Citation

Read Now

February 2020 (Revised April 2021)
Case

StockX: The Stock Market of Things

By: Chiara Farronato, John J. Horton, Annelena Lobb and Julia Kelley

Founded in 2015 by Dan Gilbert, Josh Luber, and Greg Schwartz, StockX was an online platform where users could buy and sell unworn luxury and limited-edition sneakers. Sneaker resale prices often fluctuated over time based on supply and demand, creating a robust... View Details

Citation

Educators

Purchase

29 May 2013
Research & Ideas

Faculty Symposium Showcases Breadth of Research

original employment—but that doesn't mean they don't dramatically shake up thousands of lives. "The one thing that's clear is that there's a lot more churn after the private equity guys come in," Lerner said. "There are a... View Details

Keywords: by Carmen Nobel; Financial Services

14 Jun 2004
Research & Ideas

The Big Money for Big Projects

theories and developing new ones. Q: Professor Josh Lerner recently published an article ["Boom and Bust in the Venture Capital Industry and the Impact on Innovation," View Details

Keywords: by Ann Cullen; Financial Services

22 Mar 2022
Cold Call Podcast

How Etsy Found Its Purpose and Crafted a Turnaround

Keywords: Re: Ranjay Gulati; Technology; Retail

18 Dec 2012
First Look

First Look: December 18

puts the increasingly complex job of Chief Executive in a very real context. It serves as a practical guide by allowing you to walk alongside Jim as he takes on his new role and all its attendant challenges. Jim's story-developed in... View Details

Keywords: Carmen Nobel

Research Summary

Overview

By: Joshua Lev Krieger

In examining the competitive dynamics of R&D strategy, Josh has become particularly interested in how the introduction of new knowledge generated by rivals impacts the direction of R&D efforts. Understanding how new information alters project portfolio decisions is... View Details

18 Aug 2011
Lessons from the Classroom

Business Plan Contest: 15 Years of Building Better Entrepreneurs

Chu, Joe Lassiter, and Mike Roberts. Initially, Sahlman recalls, there was some resistance to the idea, which was first proposed by Alison Berkley Wagonfeld and Bill Nussey (both MBA '96) as a project for Professor View Details

Keywords: by Julia Hanna; Education

Publications