More than 20 years ago Steve Currall came to the UK doing a masters at the LSE. Now the American innovation professor is running a UCL department from a brand-new £11 million building.

The US open innovation consultancy NineSigma is to open a European headquarters in Leuven, Belgium.

A clause in a Commission initiative aimed at encouraging technology transfer between public and private sectors of the economy sparked criticism this week.

The UK government has asked the National Endowment for Science, Technology & the Arts to come up with a new index of innovation achievement. But by any measure, says NESTA’s Sami Mahroum, the UK is moving up.