Agarwal-Tronetti Quoted in Financial Times
study on employee entrepreneurship conducted by Rajshree Agarwal,
associate professor of business administration, found that 25 percent
of new companies were started by people leaving larger companies
in the same sector and suggests that "spin-outs have a survival
edge in the market ... as the result of entrepreneurial flexibility
and inherited knowledge."
In an article appearing in the Financial Times Business Life Management
section on April 25, author Paul Tyrrell draws on Agarwal's research
when pointing out that successful implementation of a business idea
rests as much on the entrepreneur as it does on the idea. Basic
business skills -- in the entrepreneur or her staff -- is a given,
as are leadership skills, but success also depends on an entrepreneur
exploiting her experience.
Also cited in the article is one of Agarwal's earlier studies that
shows timing of entry is also critical to success. Being an early
player is helpful for survival but entry during the mature phase
of an industry turns out to be disadvantageous .
Agarwal researches issues related to technological change and entrepreneurship
and their implications for firm and industry evolution. She teaches
business policy and strategy and has has been at Illinois since
The full Financial Times
article is available online to subscribers.