F. M. Scherer

Professor of Public Policy and Corporate Management in the Aetna Chair, Emeritus
Harvard Kennedy School
Office Address
Non Resident
Mailing Address
John F. Kennedy School of Government
Mailbox NR
79 JFK Street
Phone: 617-497-4345
Email: mike_scherer@Harvard.Edu
F. M. Scherer


F. M. Scherer is Aetna Professor Emeritus in the John F. Kennedy School of Government, Harvard University. Born in 1932, he received an A.B. degree with honors and distinction from the University of Michigan in 1954; an M.B.A. with high distinction from Harvard University in 1958; and a Ph.D. in business economics from Harvard University in 1963. His research specialties are industrial economics and the economics of technological change, leading to numerous publications, including books on Industrial Market Structure and Economic Performance (1970, 1980, 1990); Industry Structure, Strategy, and Public Policy (1996); Mergers, Sell-offs, and Economic Efficiency (1987, with David Ravenscraft); The Economics of Multi-Plant Operation: An International Comparisons Study; Innovation and Growth: Schumpeterian Perspectives (1984); and The Weapons Acquisition Process: Economic Incentives (1964). 

Media Expertise

F. M. Scherer welcomes media inquiries on the following subjects:

Additional experts may be found by clicking on each subject listed. You may contact faculty directly or if you need assistance contact the Communications Office at 617-495-1115.


For a complete list of faculty citations from 2001 - present, please visit the HKS Faculty Research Connection.

Selected Publication Citations:

  • Academic Journal/Scholarly Articles
    • Scherer, F.M. "First Mover Advantages and Optimal Patent Protection." Journal of Technology Transfer (August 2015): 559-580.
    • Scherer, F.M. "The F.T.C., Oligopoly, and Shared Monopoly." Review of Industrial Organization (February 2015): 5-23.
    • Scherer, F.M., and William S. Comanor. "Mergers and Innovation in the Pharmaceutical Industry." Journal of Health Economics 32 (January 2013): 106-113.
  • Book Chapters
    • Scherer, F.M. "Patents, Monopoly Power, and the Pricing of Pharmaceuticals in Low-income Nations." Handbook of Global Science, Technology and Innovation. Ed. Daniele Archibugi and Andrea Filipetti. Wiley, 2015.
    • Scherer, F.M. "The Banking Industry." The Structure of American Industry. Ed. James W. Brock. Waveland Press, Inc., 2015.
    • Scherer, F.M. "Research and Development Costs and Productivity in Biopharmaceuticals." Encyclopedia of Health Economics. Elsevier, 2014, 249-255.
  • Research Papers/Reports
    • Scherer, F.M. "Merger Efficiencies and Competition Policy." Organisation for Economic Cooperation and Development Working Paper DAF/COMP/WD(2012) 47, October 2012.

John F. Kennedy School of Government 79 John F. Kennedy Street
Cambridge, MA 02138
617-495-1100 Get Directions Visit Contact Page