HC Deb 23 June 2004 vol 422 cc1458-9W
Mr. Stephen O'Brien

To ask the Secretary of State for Trade and Industry how many private firms have been spun-out of UK universities in each month since 2002. [178763]

Ms Hewitt

Information on spin-off numbers is gathered on an annual basis. The Higher Education-Business Interaction (HEBI) survey has recorded the following number of spin-offs over the last three years:

  • 2000–01: 203
  • 2001–02: 248
  • 2002–03: 213

UK universities' spin-off performance compares favourably with US universities. UK universities identified one spin-off firm for every £15 million of research expenditure, compared with one for every £44 million in the US.

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