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A small UK charity has turned entrepreneur to develop a low cost, mass manufactured, modern device to pump the blood of people whose heart muscle is failing.

Sweden is ranked number one among 31 European nations for its spending on R&D - but it is still looking for its first home-grown biotechnology product.

How do you take a pill before you wake up? Denmark's Egalet has found an answer, and is looking for partners to help develop it.

An Israeli academic has developed a virtual reality device to help people with neurodegenerative diseases to improve their walking. He is now seeking funding of about $500,000 to commercialise it and looking for manufacturing partner.

Philippe Pouletty is on a roll. One by one, the serial entrepreneur with a penchant for provocative lobbying is seeing his ideas become official French policy. But not everyone is pleased.

A new wave of companies with rich backers plans to change how people interact over the Internet. But sceptics are still searching for a sustainable business model.

Acrongenomics Inc., a Swiss life science venture company and Molecular Vision Ltd., a spin-out from the Imperial College London, said they have signed a memorandum of understanding to jointly develop diagnostic devices for diabetes, drug abuse, STDs and cardiovascular diseases.

For 30 years, the European Commission has been trying to fix the broken patent process, but keeps running afoul of entrenched intestests. Is it any wonder that European countries keep dropping in the world patent leagues?

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".

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

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.

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.