The recession has had a negative impact on many startups and small businesses. The NPD Group recently published data showing that the number of restaurants operating in the US has decreased by one percent in 2010 on top of losses in 2009. So how has the recession impacted the world of university startups? You might expect to see a dramatic slowdown in the number of startups spinning out of universities as inventors become more risk adverse and seed capital is harder to find. But the data shows that the impact was not that severe.
According to the AUTM FY09 Annual Licensing Survey the number of startups dependent on university technology grew steadily over the past decade, although the numbers were about even in 2008 and 2009. The survey also indicates that the number of startups becoming non-operational in 2009 increased significantly over 2008. The number of startups with no initial funding increased significantly in the 2008 and 2009 period, while those that did get funding relied increasingly on VC and state funding.
To read the full, original article click on this link: Recession Impacts University Startups | UTechWatch
