Oxford is also an entrepreneurial university. Isis Innovation, the University’s wholly-owned technology transfer company, has created over 60 spin-out companies since it was established in 1988, whose combined value is around £2 billion. Isis files, on average, one patent application each week and manages over 400 patent application families and 200 licence agreements. Its consulting arm manages around 200 consulting projects at any one time.
Oxford University Press, the publishing arm of the University, is the largest university press in the world, with a presence in more than 50 countries and 4,750 employees worldwide. At a conservative estimate, over 18,000 jobs in Oxfordshire are supported directly or indirectly by the University, the colleges, Oxford University Press and University spin-out companies.