Investors, tech transfer experts, industry leaders and heads of spin-out companies gathered at the Crystal in east London for the second annual global University Venturing Summit

Innovation through collaboration may have been the theme of this year’s two-day summit, but there was another emerging theme picked up by several speakers and panels throughout the two days – patience. Indeed, spin-out investments are a long game, as it can take an average of 18 years before an investor sees a significant return on investment.

On the first morning, editor-in-chief James Mawson welcomed guests with an overview of the industry before handing the stage over to…