Universities brace for future Brexit effect on spin-outs
With a pipeline of previously funded research continuing to feed through the system, the effects have yet to be felt in university tech transfer offices. However, there is a concern that being cut off from EU research programmes will eventually cause problems here as well.
“In the long term, if we don’t do something about the way we collaborate with Europe and access European funds, then that could have a long-term impact,” said Iain Thomas, head of life sciences at Cambridge Enterprise, Cambridge University’s technology transfer arm. “Right now, that is hitting hard in terms of bringing funds into academic research, but the effects for spin-outs will be downstream.”
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