3rd May 2011

Scotland’s Spin-Out Success

Spinouts UK, a body that lists all spin-outs from UK universities, has suggested that Scottish universities produced more spin-out enterprises than any other region in the UK in the past decade. Spin-outs are created by universities seeking to harness the commercial potential of the intellectual property produced through their research and development functions.  These enterprises aim to make such ‘products’ marketable: applying business principles to secure funding, register patents and license the use of innovations.

Recent squeezes on funding for education may see even more spin-outs appearing as universities attempt to maximise returns on their intellectual property.  The climate is favourable for such set-ups: there are gaps in the market following the turbulence experienced by traditional companies.  There is also an ever expanding pool of talented personnel available as high calibre graduates struggle to find work in the mainstream job market and experienced employees in industry suffer from lay-offs. 

With success stories such as Dundee’s Cypex, Tayside Flow Technologies and Ceimig, as well as PhotoSynergy of St. Andrews, it is clear that spin-outs have the potential to play an important role in boosting Scotland’s economic recovery.

The corporate and commercial team at Blackadders is experienced in dealing with spin-outs and is well equipped to advise in this specialist area.

Stewart Dunbar

Trainee Solicitor

The opinions expressed in this site are of the author(s) only and do not necessarily represent the opinions of Blackadders LLP.

Blackadders takes all reasonable steps to ensure that the content of this site is accurate and up to date. The site is not, however, intended as a substitute for seeking legal or other professional advice but rather as an informative guide to the services provided by Blackadders and topical legal developments. Site visitors should always seek advice tailored to their specific situation. Consequently, Blackadders accepts no responsibility for any loss or damage suffered by anyone acting or failing to act on the basis of information contained on this site. Downloading of material contained on this site is at the user’s own risk and all necessary virus checks must first be carried out by the user. Blackadders is not responsible for the material found on any web sites linked to this one and links to this site may only be made with Blackadders prior consent.


Blackadders owns the copyright in this blog and all material contained on it. The material on this site may be downloaded for personal use only and must not be altered. Otherwise, Blackadders’ written consent is required before any material on this site is reproduced, copied or transmitted in any way.

Privacy Statement

Information passed to us via this site is kept confidential and will not be disclosed to third parties except if authorised by you or required by law.

© Blackadders LLP 2022

Members of the Law Society of Scotland.

Blackadders Solicitors is a trading name of Blackadders LLP, a limited liability partnership, registered in Scotland No SO301600 whose registered office is 30 & 34 Reform Street, Dundee, DD1 1RJ. Reference to a ‘partner’ is to a member of Blackadders LLP.

Back to Business Legal News from Blackadders Solicitors