This is the first of two special issues of the Journal of Product Innovation Management on the topic of technology commercialization and entrepreneurship; both of these are edited by the special issue editors, Robert Litan and Michael Song. First, a little history. A research conference on this topic, organized by the special issue editors, took place at the Ewing Marion Kauffman Foundation in Kansas City in November 2006. Several excellent papers went through a rigorous screening process to be accepted at this conference, and the organizers placed special emphasis on leading-edge issues in technology and entrepreneurship of interest to managers as well as to academics. I had the honor of making introductory remarks at this conference and was thoroughly impressed by the scope of research presented by contributors from around the world. Then, using an even more stringent review procedure, Litan and Song narrowed down the manuscripts to those that appear in this issue of JPIM and the next (March 2008). I am sure you will agree that these articles do address some of the most important yet underresearched research topics in the areas of technology and entrepreneurship, and I hope these special issues will be useful references to you for years to come. I would like to note that the special issue editors accepted four of the five articles appearing in this issue. As editor-in-chief, I processed the review of the first article and made the acceptance decision. I mention this because Song is one of the authors of that article. The special issue editors have written an introduction that outlines the articles in this issue, and I will leave it to them to pick up the story from here. The issue closes with book reviews edited by Preston G. Smith. As always, I thank him for his efforts. We are always looking for new manuscripts to consider for publication. We will do our best to provide you with constructive yet critical reviews, whether or not your manuscript ultimately is accepted for publication. Please e-mail the electronic file, in a Word-compatible file, for all new submissions to the journal's editor at anthony.dibenedetto@temple.edu.