During fiscal year (FY) 2012, 705 start-up companies were formed, which was a 5.1% increased compared to the prior year.

The US-based Association of University Technology Managers (AUTM), a non-profit organisation of academic technology transfer staff, saw an increase in university licensing and start-up activity last year, according to early results from its annual survey, while a separate study found an increase in the groups themselves.

During fiscal year (FY) 2012, 705 start-up companies were formed, which was a 5.1% increased compared to the prior year. After netting out start-up failures, there was a 1.9% increase to 4,002 start-ups still…

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