The Research Of Tsinghua University Spin-off Companies

Tsinghua University has more than twenty years' development history. While from the foundation of Tsinghua University SciTech General Company, to the professor's efforts of Tsinghua Solar Co., Ltd. And the startup of Beijing Smartdot Technology Development Co., Ltd., Tsinghua University spin-off companies has grown up rapidly and become the innovative companies in the competitive market. Tsinghua University spin-off companies can be divided into three types: companies set up by university, by professors, by students. These companies are involved in different industries such as electronic technology, information and telecommunication technology, materials and chemical, environment protection, biology, venture capital, management consultant and so on. It shows the diversity of the spin-off companies. Most of them have obtained the support from the university since they were set up, especially in terms of technology and talents, which other ordinary companies cannot obtain. All the spin-off companies have the management with the background of Tsinghua University. Employees include ones both with the background of Tsinghua and without.Generally, the performance of Tsinghua University spin-off companies can be quite good. There are 40 percent of the companies increased their registered capital. 80% of the companies increased the number of employees. Tsinghua University has owned shares in most spin-off companies. Some companies has an annual turnover of several billions RMB. Even others has only an annual turnover of several tens of millions RMB, they grow very fast and rapidly. If we don't consider the contribution of some special spin-off company, we can get the solution that the spin-off companies set up by professors have a better performance than that by the University.By now more than 36% of the spin-off companies spend 10-20% of annual turnover on the research and development. Some companies do the R&D by themselves; others buy the patents or obtain the permission of using the patents from the university. Although the top management of these companies are almost with the background of Tsinghua University, they have their own management system to operate and the companies and get more and more development.Tsinghua University spin-off companies have been growing with high speed and healthy system while combing the advantage of the brand and technology development of the university with the market and internal management system.