Paul A. Gompers

Paul Gompers specializes in research on financial issues related to start-up, high-growth, and newly public companies. He holds a joint appointment in the Finance and the Entrepreneurial and Service Management units. Gompers has taught both the required Finance course and the Entrepreneurial Finance elective in the MBA curriculum. In the Executive Education Program, he has developed materials for and served as codirector of courses in Conflict and Evolution in Private Equity, Corporate Venture Capital, and International Private Equity.

A 1987 summa cum laude graduate of Harvard College, where he majored in biology, Gompers worked for a year as a research biochemist for Bayer Chemical AG before earning a master's degree in economics at Oxford University on a Marshall Scholarship. He completed his Ph.D. in business economics at Harvard in 1993 and spent two years on the business school faculty at the University of Chicago, where he created a new course titled Entrepreneurial Finance and Management.

Gompers joined the HBS faculty in 1995. His research focuses on the structure, governance, and performance of private equity funds; sources of financing, incentive design, and performance of private firms; and long-run performance evaluation for newly public companies. He has written numerous journal articles and is the coauthor of The Venture Capital Cycle, published in 1999 by The MIT Press.

Forest L. Reinhardt

An expert on environmental management, Forest Reinhardt is currently studying the relationships between business behavior and environmental quality, particularly in the energy industry and the food and agribusiness sector. His research focuses on the relationship between environmental regulation and corporate strategy, the behavior of private and public organizations that manage natural resources, and the economics of environmental protection.

Reinhardt is the author of Down to Earth: Applying Business Principles to Environmental Management, published by HBS Press this year. He has developed numerous cases on the environment, natural resources, and economic development for use in the MBA and Executive Education Programs. Other recent publications include a coauthored Harvard Business Review article on "What Every

Executive Needs to Know About Global Warming" and a California Management Review piece titled "Environmental Product Differentiation: Implications for Corporate Strategy."

Reinhardt, who joined the faculty in 1991, currently teaches the required MBA course Business, Government, and the International Economy as well as the elective Business and the Environment. He is a graduate of Harvard College (1979). He received an MBA (1987) from HBS, where he was a Baker Scholar, and a Ph.D. (1990) in business economics, also from Harvard.

Debora L. Spar

Debora Spar is an authority on business-government relations and the political environment of commerce. Her current research focuses on issues of foreign trade and investment, examining how firms compete in foreign markets and how government policies shape and constrain their options. She is also writing a book about information-based industries, such as media and entertainment, and their quest for global advantage. Other projects include examining the political drivers of foreign direct investment and the impact of investment on human rights and labor standards.

Spar is the author of The Cooperative Edge: The Internal Politics of International Cartels and coauthor of Beyond Globalism: Remaking American Foreign Economic Policy and of Iron Triangles and Revolving Doors: Cases in U.S. Foreign Policymaking.

At HBS, Spar teaches Managing International Trade and Investment, a course that she created in 1996 and for which she was honored this year by the MBA Class of 2000 for excellence in teaching.

A graduate of Georgetown University's School of Foreign Service (1984), Spar earned an MA (1986) and a Ph.D. (1990) in government, both from Harvard. She taught at the University of Toronto and in Harvard's government department prior to joining the HBS faculty in 1991.

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