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As the Academic Enterprise Awards enters a fourth year, international business school INSEAD, in collaboration with EM Lyon Business School, plans to begin studying the finalists to see what makes them tick.

Academic entrepreneurs from Switzerland, Finland, the United Kingdom and Israel were recognised in the third annual ACES awards, held in Zurich on 3 February and awarded by the Science|Business Innovation Board.

The European Institute of Innovation and Technology – the EIT, set up by the European Union to encourage innovation – is to launch an awards programme for young entrepreneurs next year, in partnership with Science|Business. The move is part of a push to change attitudes to entrepreneurship in Europe, and was announced today (3 February) by EIT Board member Daria Tataj at the ACES Academic Enterprise conference, held at the Swiss Federal Institute of Technology in Zurich.

There’s still little progress to report in Europe’s innovation performance, as the gap with Japan and the US widens further, and upcoming competitors China and Brazil are catching up, according to the EU’s latest reckoning in the 2010 Innovation Union Scoreboard.

Two major pharmaceutical companies are teaming up with the Cancer Research UK charity in a tumour genetics project