The 850 UK firms making the largest investment R&D in 2007 grew their R&D by 6 per cent to £21.6 billion in the last year, according to the UK government's 18th annual R&D scoreboard.
Norway is to set up between five and seven regional funds to promote research, innovation and development at a regional level, with nearly Euro 33.5m available.
The charity Cancer Research UK confirmed its position as the largest single investor in R&D in the field, announcing it spent a record £333 million on research in its last financial year.
Computer firm HP has re-structured its HP Labs research division ito focus efforts on fewer, bigger projects, and to speed up the process of tech transfer.
The latest Eurostat data show Europe is not delivering on the Lisbon targets. So what is to be done, asks Bruno van Pottelsberghe from the think tank Bruegel.