What happens when university research becomes a business? It’s called a spin-out and it’s built Silicon Valley, with Stanford University at the centre. In the UK, Oxford alone has launched more than 200 in the last 15 years.

Whether it’s a new drug, software or material, brilliant university research can create huge rewards – for founders, universities and the economy. But also battles over who really owns the idea and should get a share of the equity.

Does the spin-out system deliver or does it stall? Evan Davis and a panel of guests discuss.

Guests:Molly Allington, CEO of AlbothermHarry Destecroix, co-founder of Ziylo and also founder of incubator Science Creates in BristolAmber Hill, founder of Research Grid

Production team:Presenter: Evan DavisProducers: Phoebe Keane and Sally AbrahamsProduction co-ordinator: Rosie StrawbridgeSound engineer: Rod FarquharEditor: Matt Willis