Up first, we've got Dr. Romesh Ranawana, CTO of SimCentric, on hig-tech startups and research-based spinoffs. Gday started off a bit abruptly, due to a wee delay, so we'll explore a bit of the subject matter. Romesh started off by defining high-tech startups and spinoffs.
A high tech startup is a company set up by an entrepreneur or a group for the purpose of exploring a brand-new intellectual property. A spinoff, on the other hand, is a new company using on brand-new [...]