{"id":112125,"date":"2009-12-29T17:27:37","date_gmt":"2009-12-29T22:27:37","guid":{"rendered":"http:\/\/www.technologytransfertactics.com\/content\/?p=5615"},"modified":"2009-12-29T17:27:37","modified_gmt":"2009-12-29T22:27:37","slug":"spinoff-activity-collapses-at-british-universities","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/112125","title":{"rendered":"Spinoff activity collapses at British universities"},"content":{"rendered":"<p>The number of cutting-edge British technology companies created from universities has collapsed in the last year, and many start-ups that did form were forced to turn to foreign investors, according to a report in the British newspaper <em>The Telegraph<\/em>. Between 2005 and 2008, on average 210 start-ups were formed each year based on academic research in university labs. However, the rate likely dropped to fewer than 50 new firms in 2009 &#8212; the lowest level since the U.K.&#8217;s Higher Education Statistics Agency began tracking spinoff activity. An increasing number of companies that raised capital sourced it from overseas investors, as domestic venture firms and private investors focused on keeping existing ventures afloat during the recession.<\/p>\n<p>University TTOs around the U.K. report that their commercialization efforts have been affected by the financial crisis. Tom Hockaday, managing director of ISIS Innovation &#8212; Oxford University&#8217;s technology transfer arm &#8212; says only three new companies were formed this year, and two &#8212; Zyoxel and Oxford Yasa Motors &#8212; had to tap investors from overseas. &#8220;There&#8217;s no shortage of money in the world,&#8221; Hockaday says. &#8220;It&#8217;s just a reflection of things locally.&#8221; Tony Raven, director of research &amp; enterprise services at Southampton University, confirms the trend. Southampton, which normally would fund two to five start-ups each year, did not fund any new companies this year. Nevertheless, &#8220;in good times and bad times the good companies will get funding,&#8221; Raven says. &#8220;The quality threshold has gone up.&#8221;<\/p>\n<p>Source: <a href=\"http:\/\/www.telegraph.co.uk\/finance\/yourbusiness\/6860435\/University-spin-off-activity-collapses.html\" >The Telegraph<\/a><\/p>\n<p><br class=\"spacer_\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The number of cutting-edge British technology companies created from universities has collapsed in the last year, and many start-ups that did form were forced to turn to foreign investors, according to a report in the British newspaper The Telegraph. Between 2005 and 2008, on average 210 start-ups were formed each year based on academic research [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-112125","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/112125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=112125"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/112125\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=112125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=112125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=112125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}