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Breaking Down the Incubation of an Industry
Many entrepreneurs succeed during the stage between a technological breakthrough and commercialization.
Jun 14, 2017

Breaking Down the Incubation of an Industry

As Featured In 
Strategic Management Journal

Who Needs Products? Many Startups Thrive Below Ground

Long before new products come to market, the underlying technology is discovered and developed. Professors Rajshree Agarwal at the University of Maryland's Robert H. Smith School of Business and Mahka Moeen, a Smith School PhD alumna who now teaches at the University of North Carolina, share six implications from their pioneering study on industry incubation, the stage between a technological breakthrough and the first instance of its commercialization.

About the Author(s)

Rajshree Agarwal is the Rudolph P. Lamone Chair and Professor in Entrepreneurship at the University of Maryland and director of the Ed Snider Center for Enterprise and Markets. Rajshree’s research interests focus on the implications of entrepreneurship and innovation for industry and firm evolution. Her recent projects examine the micro-foundations of macro phenomena, linking knowledge diffusion among firms, industries, and regions to the underlying mechanisms of employee entrepreneurship and mobility.