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Today companies often spend as much on intangible intellectual assets as they do on tangible ones. The OECD is trying to find out how to value them.

Development of Europe’s satellite navigation system, Galileo has ground to a halt, with the supposed contractors baulking at the escalating cost of developing the system.

Its government will increase science spending by 25 per cent in the next three years – but the UK won’t meet the 3 per cent Lisbon target.

The latest stop for the Science|Business road show had leading lights in EU policy arguing about what it takes to create a European innovation zone.

Is MIT really that special? Does it have lessons for others? A recent paper says that you have to line up a bunch of related factors – scientific, organisational, regional and so on. Picking them off one at a time won’t work.