Smith Research Uses AI to Showcase the Role of Pivots in Startup Performance
Startups must pivot strategically to succeed, not just reactively. New research by Smith’s Rajshree Agarwal uses AI to show how theorization and experimentation drive purposeful pivots, offering insights for entrepreneurs, incubators, and policymakers.
The Theory-Based View and Strategic Pivots: The Effects of Theorization and Experimentation on the Type and Nature of Pivots
We examine how formalization in cognitive processes (theorization) and evidence evaluation (experimentation) influence the type (frequency and radicalness) and nature (impetus, clarity, and coherence) of entrepreneurial pivots. We use a mixed-method research design to analyze rich data from over 1,600 interviews with 261 entrepreneurs within a randomized control trial in London.
Fostering Discussion of Critical Issues
The Fact-Based Discourse Initiative (FBDI), led by Rajshree Agarwal and Rellie Derfler-Rozin, fosters critical thinking and open dialogue on business challenges. Events explored trade, polarization, taxation, and social media's influence, promoting intellectual curiosity and respectful discourse at Smith.
Former World Bank President Delivers Thoughts on Current World Economic Issues
David Malpass, former World Bank president, joined the Smith School’s Rajshree Agarwal to discuss global debt, economic policies, and the Federal Reserve’s role. Hosted by the Ed Snider Center, the event promoted fact-based discourse and encouraged critical, meaningful dialogue.
Nourishing the Minds of Future Business Leaders
Smith Business Leadership Fellows, a prestigious program for freshmen and sophomores, offers mentorship and opportunities to explore career values, engage with industry leaders, and work on real-world challenges, fostering introspection and purposeful leadership.
The Smith School Recognizes Its Outstanding Faculty and Staff at 2024 Assembly
The globally renowned Smith School excels in business research and offers a top-tier educational experience within a supportive community. Annually, it honors outstanding faculty and staff with prestigious awards.
21 Smith School Professors Named Among Top 2% Scholars Worldwide
The University of Maryland’s Robert H. Smith School of Business faculty shapes future leaders in classrooms and drives global impact through groundbreaking research. Recently, 21 professors were ranked among the top 2% most-cited scholars worldwide by Elsevier. Explore their influential contributions elevating knowledge and inspiring the next generation of business leaders.
Silver Jubilee Grand Gala Shines Light on Smith’s Transformative Gift
More than 300 alumni and friends gathered for the Smith School Silver Jubilee Grand Gala on Friday, Oct. 27, to celebrate the legacy of Robert H. Smith ’50, whose investment 25 years ago changed the school’s name and its course. Reflecting on the impact of the transformative gift, Dean Prabhudev Konana spoke about Mr. Smith’s legacy, “his foresight, his big ideas and his laser focus on excellence.”
Smith School Hosts Fifth-Annual Steamboat Institute Campus Liberty Tour Debate
Addressing grand challenges requires expanding viewpoints, seeking out new perspectives and engaging in rigorous dialogue. To do that, the University of Maryland’s Robert H. Smith School of Business once again welcomed the Steamboat Institute’s Campus Liberty Tour to campus.
UMD Recognizes Smith’s Rajshree Agarwal for Research Excellence
Rajshree Agarwal was recognized for her “insights into how innovation and entrepreneurship impact the evolution of industries, firms, and individuals,” as part of the recent 2023 Maryland Research Excellence Celebration.