The £40m recently allocated by the UK government to proving university research is commercially viable shouldn't just benefit Oxford, Cambridge and London, say sector pundits.

Many of the UK's universities have adopted recommendations to lower equity stakes in the companies they commercialise to at or below 25%.

The US university recently created an office of innovation as part of a drive to commercialise more of the research coming out of its labs.

Mart Maasik has stepped down as chief executive of UniTartu Ventures at the University of Tartu to join a $63 spinout investment fund.

Vincent Coole, who built a programme University of Birmingham programme to commercialise technology before creating a spinout, has joined Trinity College Dublin.

The university is the latest academic institution in the Asian country to launch an investment fund to support spinouts.

The UK university has set up physical presence in San Francisco to be closer to US investors and companies it seeks to partner with.

Pearse Coyle worked with Innovate UK to upgrade their pre-accelerator programme ICURe and teach would-be founders to raise cash early.