Professor Josh Lerner has dedicated his life to studying private markets. He is the Head of Harvard Business school’s Entrepreneurial Management unit and Jacob H. Schiff Professor at Harvard Business School. During his years at HBS, he has published 11 books on private market topics. These books focus on venture capital and private equity organizations (in ‘The Venture Capital Cycle, The Money of Invention’ and ‘Boulevard of Broken Dreams’;) and policies designed to promote innovation and how they impact firm strategies (in ‘Innovation and Its Discontents, The Comingled Code’, and ‘The Architecture of Innovation’.) Josh also co-directs the National Bureau of Economic Research’s Productivity, Innovation, and Entrepreneurship Program and serves as co-editor of their publication, Innovation Policy and the Economy. He founded and runs the Private Capital Research Institute, a nonprofit devoted to encouraging access to data and research. In the 1993-1994 academic year, he introduced an elective course for second-year MBAs; over the past two decades, this course “Venture Capital and Private Equity” has consistently been one of the largest elective courses at HBS. He also established and teaches doctoral courses on entrepreneurship, teaches in the Owners-Presidents- Managers Program, and leads executive courses on private equity. He is the winner of the Swedish government’s Global Entrepreneurship Research Award and Cheng Siwei Award for Venture Capital Research. He holds a Ph.D. from Harvard’s Economics Department.