This week, I came across theGlobal Innovation Index, (GII) a study from Cornell, INSEAD and the World Intellectual Property Organisation that ranks economies in terms of their levels of innovation. Imagine my surprise when I noticed that the UK is currently in third place, ahead of the USA and other innovation darlings such as Finland and Singapore.
The movement for transparency and openness in government took decisive steps forward last week. As lead co-chair of the Open Government Partnership, the UK hosted the first ministerial level meeting in Britain of this growing international initiative. But this meeting wasn't just symbolically significant. We put in place key measures that will help move the OGP from fine words to accountable actions.
This is an exciting time for East London. The regeneration of the Stratford area will prove one of the lasting Olympic legacies. Tech City, the cluster of digital and technology start-ups around the Old Street Roundabout, has mushroomed to 3,200 companies employing 48,000 people according to a new Centre for London report. In 2008 that number was a mere 15.
Britain's haul of gold medals in the Olympics has changed the nation's perceptions of our small island: we can emphatically be winners. Now is the time to celebrate Britain's success across more than just sport - our country, and London in particular, has quietly become one of the most amazing new hubs for digital, media and start-ups in the whole of Europe.
Despite the uncertainty facing the nation in the current economic climate, there remain many high potential entrepreneurs in the UK. What amazes me is that while some are lacking the connections and resources to take their ideas to the next level, the relationship they have with technology is unique and their originality and affinity for IT is astonishing.