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The ecosystem is improved, but dedication, commitment and hard work remain the key to success, says Croatian entrepreneur Ivo Spigel, who interviewed 28 of Europe’s most successful entrepreneurs for his book, The European Start-up Revolution

Kaunas University of Technology and Lithuanian University of Health Sciences will join forces to form the University of Lithuania

Committee to investigate whether rules help or impede sector, and follows Prime Minister David Cameron’s attempts to muster up support for cutting Brussels red tape

At only 3% of total R&D spending, FP7 had a disproportionately positive impact on the economy and on science. However, €20M spent on evaluations was wasteful and there was failure on the gender gap

A new analysis lays bare the extent of the economic divide in EU research, with 85 per cent of funding in FP7 going to research facilities and companies in western Europe

Everyone has an opinion on the scope of the EU’s new innovation institute. Some of the best ideas can be found close to home, Christian Ehler MEP tells Science|Business

At the World Economic Forum in Davos this week there is no little excitement – and some fretting – over the rise of smart machines

Men are much more likely to get money to found companies than women. More women are needed in the start-up world and there should be greater financial support to encourage this, say MEPs

Industry, universities and research institutes invited to submit proposals by the summer

Electricity companies across Europe are increasing research budgets and beginning to finance incubators and accelerators, and to invest in innovative start-ups

What is claimed as the world’s largest technology incubator is taking shape in Paris. Its director, Roxanne Varza, says the city is gathering steam as a digital hub and the EU needs to support European start-ups in going global

Imperial Innovations and the European Investment Fund are each to put £24.75M into the University College London fund UK, which will be managed by the VC firm Albion Ventures

Education minister Sander Dekker will push to make more journal papers free to publicly-funded researchers during the Netherlands’ presidency of the EU Council

A new structure for DG Sante was adopted by Commissioners yesterday and is effective from 1 February

The BioPontis Alliance hopes its new model for bringing patients’ insights and industry expertise to bear in preclinical research will reduce risk and promote development of rare disease therapies. The Alliance has funding from a Belgian charity for its first project