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By concentrating individuals working for those offices in one place, MaRS hopes to establish conditions in which "spinoff companies can more readily develop," Cook adds.
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He cited a Penn State study in which spinoffs outperformed the S&P 500 between 1964 and 1988 by an annualized 10%.
Defenders also liken the project to the NASA space program, which yielded spinoff technologies that benefit other industries.
The total impact, which includes spinoff businesses and those that arise to serve the new employees, will be more than twice that, the report said.
Its diners may possess a wealth of business acumen, but the multimillion-dollar enterprise — which has spinoff restaurants in Las Vegas and Mexico City — is run like any simple trattoria.
This is the first full season during which MLB spinoff BAMTech is the streaming provider, and digital product provider for the NHL.
"Investors are going to be disappointed by the speed at which those spinoffs happen," Mr. Cohen said.
In 1997, Joel Greenblatt published You Can Be a Stock Market Genius, the very best book ever written on spinoffs (which he dedicated to his own four spinoffs, his kids).
The spinoff, which is subject to approval by securities regulators, is expected to take place on March 31.
Some were financed by Community Preservation, others by its for-profit spinoff, which paid part of Mr. Lappin's salary.
The spinoff, which was announced by Allied in November, was a dramatic move to reverse years of diversification.
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