Scottish universities maintain their entrepreneurial lead on campus over other parts of the UK.
Scottish universities are still leading other regions of the UK in spinout generation, according to the latest Spinouts UK annual report.
However, the Scottish lead has fallen since last year by one point to 20% of all spinouts generated in the UK, but is still twice Scotland’s share of the UK population. The nearest regions were London on 14% and south-east England on 12%.
Oxford has the most spinouts overall, reaching 48 over the past decade. Edinburgh and Imperial College were tied on second place at 35. Cambridge is joined by Manchester, University College London, and Strathclyde in a four-way tie for seventh place, each setting up 22 spin-outs. Aberdeen, Heriot-Watt, and Glasgow all made the top 20.
Spinouts UK also saw the UK’s down swing in spinout numbers continue, while startups continue to thrive, with the publication estimating the number of startups were anywhere between 20 to 30 times the number of UK spinouts, despite spinouts employing more people and having a lower failure rate.