Commercialising IP: Spin-offs & Joint Ventures

Spin-off also known as “spin-out” are entities intended as a separate legal entity created by a parent organisation to exploit its intellectual assets. They are valuable tools to transform technology into a marketable product or service, as well as to license out technology. A joint venture is a form of business association between two or more independent organisations (joint venturers) to undertake a common project or to achieve a certain goal. This infographic showcases key concepts of intellectual property commercialisation, with a particular focus on spin-offs and joint ventures.