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 property rose too, from £69m to £79m, with over £10m coming from the sale of shares in spin-off firms.
At the same time, there has…
