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Scotland’s flagship life sciences project, Edinburgh BioQuarter, has been awarded £12 million by the development agency Scottish Enterprise and Edinburgh University to set up a technology commercialisation fund.

The fur on the Celtic Tiger is getting extremely ruffled, but despite being the first country in the eurozone to go into recession, the Republic of Ireland continued to attract significant inward investment in 2008,

Science is about to get back into Washington’s good books – and not before time, says Science|Business’s Nuala Moran.

The Wellcome Trust is reaching outside the UK to fund translational research and derisk projects for future investors.

The European Commission’s Directorate-General for Education and Culture has issued a call for tenders for the design and testing of a global ranking system for universities.

The former Yugoslav Republic of Macedonia has ratified the European Patent Convention and, on 1 January, became a member of the European Patent Organisation (EPO).

After a late start, Spain’s entrepreneurial culture has taken root. It remains modest compared to other major European countries, but the credit crisis does not yet seem to have stifled innovation.