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academic spin-off

concept in innovation management and term to describe a spin-off related to academic institution

en-US/ˌækəˈdɛmɪk ˈspɪn - ɑf/
en-GB/ˌækəˈdɛmɪk ˈspɪn - ˈɒf/

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startup companyconcepttermuniversity spin-off