Training provider PraxisUnico* says there were less than 40 spin-outs last year, compared to nearly 50 for the two prior years.

The number of spinouts from UK universities has continued to decline over the past six years with a focus on larger investments as successful exits remain relatively rare.

In its latest annual report for the 10-year period from 2002 to 2011, training provider PraxisUnico* said there were less than 40 spin-outs last year, compared to nearly 50 for the two prior years.

This decline, however, it added, has been counterbalanced by "the increased survivability of spinouts [of at least 60%]…

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