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Photo of Joseph B. Lassiter

Unit: Entrepreneurial Management

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  • entrepreneurial finance

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Joseph B. Lassiter

Senior Fellow, Senator John Heinz Professor of Management Practice in Environmental Management, Retired

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Joe is the Senator John Heinz Professor of Management Practice in Environmental Management, Retired. He focuses on one of the world’s most pressing problems: developing clean, secure and carbon-neutral supplies of reliable, low-cost energy all around the world. He studies how high-potential ventures attacking this problem are being financed and how their innovations are being brought to market in different parts of the world. In the HBS MBA and Executive Education programs, he teaches about the lessons learned from these ventures as well as potential improvements in business practices, regulation and government policy. On retiring in 2015, Joe was appointed as a Senior Fellow to continue his work on energy and climate change related issues at HBS as well as in supporting University-wide efforts as a Faculty Fellow of the Harvard Environmental Economics Program (HEEP) and a Faculty Associate of the Harvard University Center for the Environment (HUCE).    

After joining HBS in 1996 as a Senior Lecturer, he was appointed a Professor of Management Practice in 1997. He was awarded the MBA Class of 1954 Chair in 2000 and the Senator John Heinz Chair in Environmental Management in 2012. From 2010 until 2015, Joe was Faculty Chair of the University-wide Harvard Innovation Lab (Harvard i-lab). Joe's academic and professional work focused on the creation of high-potential ventures --both as new companies and within existing companies-- and the efforts of their managers to turn these ventures into high-performance businesses. At HBS, he taught courses in Entrepreneurial Finance, Entrepreneurial Marketing, Entrepreneurial Management, Building Green Businesses and Innovation in Business, Energy & Environment. For Harvard University, he taught courses in Innovation & Entrepreneurship to undergraduates, graduate students and post-doctoral fellows from across the University and its affiliated hospitals. Outside Harvard, Joe was active as an investor in and director of a wide range of both new ventures and public companies.

From 1994 to 1996, Joe was President of Wildfire Communications, a telecommunications software venture backed by Matrix Partners and Greylock Partners. From 1977 to 1994, Joe was a Vice President of Teradyne (NYSE/ automatic test equipment) and a member of its Management Committee. Joe joined Teradyne in 1974 as a Product Manager while on sabbatical from MIT.

Joe began his career at MIT's Department of Ocean Engineering as an Instructor in 1970 and was promoted to Assistant Professor in 1972. He developed and taught a course on marine mineral resource economics. He lectured in hydrodynamics, marine transportation, and computer simulation modeling. In a joint program with Harvard Law School, he lectured on marine legal / regulatory policy. His research focused on forecasting economic and environmental consequences of offshore oil and gas development. He was appointed to the MIT-led National Academy of Engineering study on the future of engineering education. Joe received his BS, MS, and PhD from MIT and was awarded National Science, Adams and McDermott Fellowships. He was elected to Sigma Xi.

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Featured Work Publications Research Summary Awards & Honors
  1. Why Private Investors Must Fund 'New Nuclear' Power Right Now

    Joseph Lassiter has high hopes for “new nuclear” technology, which he believes can meet the world’s urgent demand for power. But its success requires big, immediate investments from the private sector.
  2. We Need Nuclear To Solve Climate Change

    Lassiter argues that the world needs to get nuclear power back into the race against fossil fuels in order to avoid significant levels of CO2 emission-driven climate change. The world’s energy experts forecast that CO2 emissions will increase for the foreseeable future. While the developed world’s efforts in curbing emissions are helpful, it is the developing world’s need for energy to lift their citizens to a modern standard-of-living that is driving world-wide CO2 emissions. These forecasts show that the world—even with all its current zero-carbon energy alternatives and their projected improvements—will lose the race to fossil fuels in all but the richest countries. Lassiter believes that we should not accept those forecasts. Lassiter argues that, rather than hope for a miracle, the world must aggressively pursue *new* nuclear alternatives.

  3. Harvard Speaks on Climate Change

    *New* Nuclear Technologies

    Climate change is one of the most complicated and challenging problems that the world has ever faced.  As part of this video collection produced by the Harvard University Center for the Environment, Lassiter talks about *new* nuclear technologies as an urgently needed source of clean, carbon-neutral and potentially—but as yet unproven—low-cost, reliable electric power.

  4. Rethinking Nuclear: Can We Change the World’s Cumulative Carbon Emissions Soon Enough?

    Today’s existing nuclear power alternatives as well as renewables are currently forecast by the EIA and IEA to be losing the race with fossil fuels worldwide and are expected to continue do so for the forecast future. A suite of *new* nuclear power alternatives that is capable of competing economically with fossil fuels (coal in Asia and natural gas in the United States) is on the drawing boards, but time is of the essence if we want to keep cumulative, worldwide CO2 emissions from reaching what could well be threatening levels.

  5. Scotland's 2020 Climate Group Keynote Lecture

    The Challenges and Opportunities of Cleantech and New Technology

    Lassiter acknowledged Scotland’s renewable resources and urged the country to use them wisely in order to further the commitment to the reduction of carbon emissions. Comparing climate change to a ‘spinning roulette wheel’ he covered areas as diverse as nuclear power; subsidisation; shale gas; the imbalance of the world’s emissions outputs; and the politics of climate change.
  6. Birth and Re-birth in Business

    Joe Lassiter, Harvard Business School Professor and Faculty Chair of Harvard's Innovation Lab, discusses how businesses can seize on new opportunities and re-invent themselves quickly and effectively at the Better by Design CEO Summit 2015 in Aukland, New Zealand. He explains why you shouldn’t be afraid of failure; the importance of reverse engineering - there are infinitely fewer paths in reverse than there are going forward; the importance of building a culture around an idea; why entrepreneurship is not genetic or a phenomenon. Rather, it is a relentless pursuit of opportunity beyond the constraints of resources currently controlled.

In the News

21 Feb 2018
MIT Technology Review
Investing in Tech That’s Worth the Wait
13 Jul 2016
MIT News
Buongiorno, Whyte win Sloan Foundation grant
12 Jul 2016
Energy Collective
Powering Up Our World
03 Dec 2015
HBS Working Knowledge
How "New Nuclear" Power Could Save the Planet—If Regulators Would Allow It
10 Feb 2015
Poets & Quants
Harvard Opens Up Online Biz Program To Experienced Managers

See more news for Joseph B. Lassiter »

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