When it comes to splitting off a section of the company to start a separate business, whether you sink or swim could depend on how many good people you bring with you, according to new research by Rotman School of Management.
The main focus at this time of year in Edinburgh is usually on the comedians, actors and magicians at the Scottish capital’s annual festival. But another stunning performance has come from the bright entrepreneurial minds at the University of Edinburgh, which has seen a record number of companies being formed on campus in the last 12 months.
Ebay have announced they will spin off PayPal, despite protestations from eBay CEO John Donahoe that it would be the wrong move for the company.
A spin-out company is essentially a new company formed to use and develop intellectual property (IP) developed during the course of one or more individual's employment with a university or other large organisation.