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The European project MODERN has been launched to design the next generation computer chips, using variable and unreliable nanotransistors.

The Irish government has revealed plans for an overhaul of its intellectual property laws following the recommendations of a recent report on innovation strategy.

China’s new Nebulae Supercomputer has moved to the number two spot, on the tail of the world’s most powerful computer, Jaguar, based at the US Oak Ridge National Laboratory.

Germany’s Fraunhofer centres are to set up a joint project centre in Asia, based at the Centre for Advanced Media Technology in Singapore.

In a bid to reduce bureaucracy, the Commission is to make an exception on how research funding is audited, putting in place a “tolerable risk of error” measure.

The science of the very small needs big, expensive instruments. More coordination is needed in Europe to translate basic research through to commercialisation.

The euphoria of winning the bid has worn off. Now the hard work begins for three pioneering consortia chosen by the European Institute of Innovation and Technology.