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The Scottish Funding Council has put up £870,000 in an initiative to provide a single point of access for matching the know-how within the country's 20 universities and research institutions with the needs of small- and medium-sized enterprises.

There is much more to a nation's "brain power" than how much it spends on R&D and education. The OECD tries to assess the broader picture by looking at "Investment in knowledge".

The Semiconductor Industry Association in the USA is worried that the country will lose its "leadership in innovation and technology".

Napatech, a Danish company that specialised in raising the speed of Internet network appliances, said it has received $5 million from Ferd Venture, Northzone Ventures and existing shareholder DTU Innovation, a fund which is related to the Danish Technical University.

Deloitte's web site has a special section of detailed analysis of the UK budget and its support for R&D.

The President of the European University Association warns universities to get their act together. Governments come in for some stick too.

The latest budget for the UK continued the Chancellor's role as puppetmaster for science and technology.

Who should benefit from the transfer of technology from the academic world into the business arena? The university that cooked up the ideas, or the company that turned them into money? How about society as a whole? An American Prof warns against micro managing the process.

Microsoft has stepped up its courtship of the international research community with the publication of an investigation of how computer science will underpin scientific discovery in the next 15 years.

If your business isn't in a technology cluster, you have every reason to feel an outsider.

Everyone sees MIT as a role model, especially the British government. But there are other successful exploiters of academic R&D.

Friedrich Bornikoel, managing partner for TVM Capital's Information & Communications Technology group, sees a recovery in German venture capital - but still no boom.

Tectonic shifts in the patent landscape could follow on from high-profile lawsuits challenging what can be protected by a patent and how patents are enforced that are due to be heard by the US Supreme Court this month.

The competition to lure biotech investors and know-how is heating up in US states - and so are the legal battles between over fair and unfair incentives.