3min chapter

The Gradient: Perspectives on AI cover image

Nathan Benaich: The State of AI Report

The Gradient: Perspectives on AI

CHAPTER

The Difference Between Start Ups and Spin Outs

The vast majority of companies get formed by individuals who have graduated from academic institutions. The difference with spin outs is that they are explicitly formed out of inventions generated within the academic environment and need to license their inventions in order to commercialize. I think it's especially topical nowadays to sort of reevaluate whether that engine of translating large R&D investments into economic value for society is working or not working.

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