What does economic spin-off mean?

The term economic spin-off is widely used in popular media to describe the potential secondary economic effects of project or development. More often, however, it is used by proponents of a particular project to speculate or promote their favoured project.

What are spin-off jobs?

1 any product or development derived incidentally from the application of existing knowledge or enterprise. 2 a book, film, or television series derived from a similar successful book, film, or television series. a bang up job exp. work perfectly performed.

Who benefits when companies spin-off their innovations?

Spinoff Pros and Cons An advantage of a spinoff is that you allow very different business concepts to function as separate entities. This can benefit the parent business by ensuring leadership of each company has expertise and focus on managing one operation.

What is spin-off process?

A spinoff is the creation of an independent company through the sale or distribution of new shares of an existing business or division of a parent company. The spun-off companies are expected to be worth more as independent entities than as parts of a larger business.

What do you mean by economic spin off?

The term economic spin-off is widely used in popular media to describe the potential secondary economic effects of project or development. This may reflect a real phenomenon, especially when used looking back into the past, where the results are measurable, though still subject to rival interpretations.

Which is an example of a spin off impact?

Spin-off impacts are the economic impacts that are generated as a result of a new business. Indirect: Indirect impacts are simply the supplier impacts. A furniture manufacturer will support indirect impacts in lumber, fabric, and machinery businesses and other backward linked suppliers to these suppliers.

Why do companies want to spin off their businesses?

REASONS FOR A SPIN-OFF Some of the key reasons why companies decide to engage in spin-offs are to: „Enable management to focus its attention on its core business, while allowing non-core businesses the resources and management attention to develop and realize full stockholder value.

How are assets allocated in a spin off?

The allocation of assets and liabilities between Parent and SpinCo generally tracks the underlying businesses being retained by Parent and those being spun- off with SpinCo. Therefore, assets related to, or liabilities arising from, businesses that are being spun-off generally would be transferred to SpinCo.