Spinouts are growing apace, with companies such as Durham University’s Applied Graphene Materials and Edinburgh University’s PureLiFi hitting mainstream news. In the past few years we have witnessed a surge in the number of spinouts coming to market.

In the UK alone between 2012 and 2013, intellectual property (IP) developed by academic institutions brought in a total of £87m ($110m) and 955 patents were granted. As well as benefiting universities, businesses and investors, the success of spinouts is making an…