Type.GetType gives us the ability to get type back from a string. We pass a well-written type name string to it, and expect it return that type. Sometimes, to your surprise, it returns null. For example, Type.GetType("System.Data.SqlClient.SqlException").
If the assembly name is specified in the typeName string, Type.GetType() will search inside this assembly only; otherwise, it tries to find one in the caller assembly and then the system assembly (mscorlib.dll). Anything after ',' in the typeName string is treated as assembly name. In previous example, no assembly name was specified; neither the caller nor mscorlib had a type of SqlException, Type.GetType did indeed find nothing in its search. To make it work, we need specify System.Data.dll in typeName. In contrast, Type.GetType("System.Int32") can return type System.Int32 without mentioning mscorlib.dll.
Type.AssemblyQualifiedName is a right way to tell what kind of typeName we should provide. typeof(System.Data.SqlClient.SqlException).AssemblyQualifiedName is "System.Data.SqlClient.SqlException, System.Data, Version=188.8.131.52, Culture=neutral, PublicKeyToken=b77a5c561934e089". Type.GetType with this long string will succeed in .NET 2.0.
Note that in .NET, namespace and assembly name are not necessarily related. Type "System.Data.SqlClient.SqlException" is not with System.Data.SqlClient.dll (which does not exist, by the way). The separation is one reason why Type.GetType(typeName) tries not to guess which assembly should be loaded and then searched based on the type's namespace.
Other things good to mention here: