# Spinout

Concept · [Business and metrics](https://ecosystem.samcarlton.com/business)

Also called: spin-out, spin out, spun out, spinoff, spin-off

A new, separate company created from part of an existing company, university or lab, often taking a product, team or technology with it.

**For example:** A university lab's research becomes a spinout company that [licenses](https://ecosystem.samcarlton.com/per-seat-pricing) the [patent](https://ecosystem.samcarlton.com/intellectual-property) from the university.

## Connects to (4)

- [Licensing](https://ecosystem.samcarlton.com/licensing): Letting another party use something you own, such as software, a patent or a brand, in exchange for fees or royalties, while you keep…
- [Intellectual property](https://ecosystem.samcarlton.com/intellectual-property): Things you create that can be owned, such as code, designs, brand names and inventions.
- [Founder](https://ecosystem.samcarlton.com/founder): A person who starts a company and owns part of it from the beginning.
- [C-corp](https://ecosystem.samcarlton.com/c-corp): C corporation.

Map view: https://ecosystem.samcarlton.com/spinout
