The Annual Report 2012-2013 is a summary of the activites of the Science|Business Innovation Board over the past year. The Science|Business Innovation Board seeks to improve the climate for innovation in Europe through:new ideas in innovation policy, strategic relations between top universities and companies, and top-level dialogue with EU policy leaders. The Board, which began meeting in 2007, was founded by international business school INSEAD, ESADE Business School, and Science Business Publishing Ltd., with the support of Microsoft Corp. and BP PLC. Its membership has broadened to include Imperial College London, SKF and some key individual innovators.