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Table 2
Selected characteristics of biotechnology spinoffs and non-spinoffs
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Spinoffs |
Non-spinoffs |
|
|---|---|---|
years |
||
| Average age | 8 |
17 |
% |
||
| Canadian owned | 87 |
82 |
| Publicly traded | 26 |
24 |
| Reported any revenue | 73 |
87 |
| Reported biotech revenue | 59 |
76 |
| Sought financing in 2005 | 63 |
36 |
| Planned to seek financing in 2007 | 61 |
37 |
| Rate of collaboration | 65 |
46 |
| Rate of collaboration with foreign partners | 42 |
29 |
| Rate of patenting | 84 |
52 |
number |
||
| Average biotech employment | 32 |
22 |
| Average total employment | 35 |
228 |
$ millions |
||
| Average biotech revenues | 4.3 |
9.7 |
| Average biotech research and development expenditures | 4.3 |
2.7 |
| Data source: Statistics Canada, Biotechnology Use and Development Survey, 2005. | ||
| Table source: Statistics Canada, Innovation Analysis Bulletin, 2008, Vol. 10, no. 1, Catalogue no. 88-003-XWE. | ||
