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SPIN-OUTS

Spin-out companies from university science departments are very fashionable, important and much encouraged by governments. The new high-tech companies offer the hope of keeping Western economies viable at a time when much manufacturing is being outsourced to developing countries. At the same time they are the best possible means by which those same developing countries can move away from a mere reliance on cheap labour and develop their own sophisticated industrial enterprises. They can also be a means of sustaining university finances, an idea reinforced recently in the UK by the Lambert Report | Graham Richards Spin-Outs Creating Businesses from University Intellectual Property Hh SPIN-OUTS Creating businesses from university intellectual property By Graham Richards HARRIMAN HOUSE LTD 3A Penns Road Petersfield Hampshire GU32 2EW GREAT BRITAIN Tel 44 0 1730 233870 Fax 44 0 1730 233880 Email enquiries@harriman-house.com Website www.harriman-house.com First published in Great Britain in 2009 Copyright Harriman House Ltd The right of Graham Richards to be identified as the author has been asserted in accordance with the Copyright Design and Patents Act 1988. ISBN 1-905641-98-2 ISBN13 978-1-905641-98-7 British Library Cataloguing in Publication Data A CIP catalogue record for this book can be obtained from the British Library All rights reserved no part of this publication may be reproduced stored in a retrieval system or transmitted in any form or by any means electronic mechanical photocopying recording or otherwise without the prior written permission of the Publisher. This book may not be lent resold hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published without the prior written consent of the Publisher. Printed in the UK by the MPG Books Group King s Lynn Norfolk. No responsibility for loss occasioned to any person or corporate body acting or refraining to act as a result of reading material in this book can be accepted by the Publisher by the Author or by the employer of the .