CHAPEL HILL – With 563 active startups launched by its faculty, staff and students currently creating social good and economic impact, the University of North Carolina at Chapel Hill exemplifies the national trend: universities are becoming increasingly adept at spinning out startup companies. In turn, a growing number of success stories about university-based ventures dot the headlines. But, despite the numerous examples of ventures that find traction in taking campus-born ideas and research to market, the overall failure rate of startups in the wider world still lingers around 90 percent, with research showing that 21 percent fail in the first year and 70 percent by year ten.
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