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.
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?
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.
In a funk after years of stagnation and high unemployment, Germany is looking to an unlikely alliance between football and R&D to kick start the economy.
Endorsed - if lukewarmly - by Europe's leaders, the plan for a "European Institute of Technology", now goes to the back rooms in Brussels for more cooking.
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".
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.
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.
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