Josh Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School, with a joint appointment in the Finance and the Entrepreneurial Management Units. He worked for several years on issues concerning technological innovation and public policy at the Brookings Institution, for a public-private task force in Chicago, and on Capitol Hill. Much of his research focuses on the structure and role of venture capital and private equity organizations. He also examines the impact of intellectual property protection, particularly patents, on the competitive strategies of firms in high-technology industries.