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The European Research Council says its first batch of proposals from older scientists was excellent, with a broad range of nationalities – but not enough women.

Finland already beats the rest of Europe on R&D spending. Now it plans to boost it still further to 4 per cent of GDP by 2011.

Europe has started doing better in IT research but still has a lot more to do to capitalise on the results, says a report by former Finnish Prime Minister Esko Aho.

The European Commission has published its Small Business Act for Europe in a bid to cut red tape and establish a new pan-European company structure.

The Council of Ministers is to provide €100 million from the EU’s 7th Framework Programme to boost research capacities of SMEs in Europe.

A single structure for start-up companies is critical for innovation, said Commissioner Charlie McCreevy at the launch of the Small Business Act for Europe.

Supreme Court Rulings and patent reform are making it harder to defend patents in the US – and biotechs are falling back on trade secrets to protect their IP.