The number of new university spin-off firms in the UK continues downward trend.

Spin-outs remain in decline in the UK, yet British universities’ contribution to the UK economy is on the rise, according to a recent report.   Data for the 2011-12 academic year showed roughly 4% growth rate in what UK institutions contribute to the economy, rising from £3.3bn ($5bn) in 2010-11 to £3.4bn. Income from intellectual…

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