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India’s biotech sector is powering ahead, with 30 per cent annual growth over the past four years. But venture capitalists are still not tempted to invest.

Innovation policy focuses on technology-driven industries such as electronics and pharmaceuticals. But it’s happening elsewhere too.

The European Union has launched a new €1 billion research programme to develop information and communications technologies for improving life for older people.

Peter Mandelson, EU Commissioner for Trade, calls for governments to stop "dragging their feet" and set import/export rules for GM foods.

The European Commission and the European Investment Bank have set up a €2 billion risk-sharing finance facility to support research and innovation in Europe.

Big changes are in store for one of Britain’s most prestigious universities if, as expected, University College London signs off on a modernising green paper from Provost Malcolm Grant.