The core idea of Interlace Innovation Environments was to create a research driven consultancy, working at the forefront of research in the innovation system space. The name "Interlace" was based on the company's intent to build bridges between academic research on clusters and innovation systems and public / private sector practises. The company is sub-sequently followed by two separate businesses. The London based Bearing Consulting Ltd, a management consulting firm providing services in three focus areas; Places & Regions, Corporate Innovation and Bank & Finance, and the Copenhagen based Interlace Invent AS, a research-based consultancy firm specialising in the development and management of globally-competitive innovation environments.