BOSTON—Two Harvard Business School faculty members have been elected members of the American Academy of Arts & Sciences (AAAS), one of the country's most prestigious honorary societies and a leading center for independent policy research. James I. Cash, Jr., the James E. Robison Professor of Business Administration, Emeritus, and Robert F. Higgins, Senior Lecturer and cofounder and general partner of the venture capital firm of Highland Capital Partners, join a group of 212 new members chosen from academia, business, public affairs, the arts, and the humanities.
"It is a privilege to honor these individuals for their extraordinary individual accomplishments," said Leslie Berlowitz, president of the AAAS. "The knowledge and expertise of our members give the Academy a unique capacity—and responsibility—to provide practical policy solutions to the pressing challenges of the day. We look forward to engaging our new members in this work."
"I am both pleased and proud to learn of the election of these two outstanding members of our faculty to the prestigious and influential ranks of the Academy of Arts & Sciences," said Dean Nitin Nohria. "Like the Academy, this School prides itself on being close to practice, and both Jim and Bob have made enormous contributions not only to our classrooms and curriculum but to society as a whole."
An expert in information technology, Cash was an active member of the HBS faculty from 1976 to 2003, teaching in all the School's major programs. Among his administrative duties, he served as chairman of the MBA Program from 1992 to 1995 and was also Senior Associate Dean and chairman of the School's publishing activities. Beyond HBS, he has been a director of several public companies and a trustee or overseer of nonprofit organizations.
Higgins teaches an elective course in the second-year MBA curriculum called Entrepreneurship and Venture Capital in Health Care. He is a member of the School's Health Care Initiative, the Social Enterprise Initiative, and the Harvard Faculty Committee for the MD/MBA program. An investor in venture capital for more than 25 years, in 1988 he founded Highland Capital Partners, which currently manages over $3 billion in assets from university endowments, pension funds, families, and corporations.
Other HBS members of the Academy of Arts & Sciences are Professor Jay Lorsch and Professors Emeriti H. Kent Bowen, Michael C. Jensen, John W. Pratt, and Howard Raiffa.
Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 80 open enrollment Executive Education programs and more than 60 custom programs. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who have shaped the practice of business and entrepreneurship around the globe.