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Spin-Outs: Creating Businesses from University Intellectual Property by Graham Richards

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There is no doubt that the exploitation of university generated intellectual property is important. One only has to look at the computing industry and at the world of biotechnology to see that many of the advanced companies have their origins in university laboratories. Not only is this exploitation important, it is also growing and supported by governments across the globe.

The universities themselves welcome the income generated from spin-outs and licensing deals, while individual academic scientists see that activity in this domain can generate improved facilities and funding for students. It is however very important for the universities to remember that their principal roles are teaching and research. Commercial opportunities are a welcome ...

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