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At the Science Business roundtable in Paris on 7 March, labour was the big talking point - both inside and outside the conference room.

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

BioXell, an Italian spin-out from Roche, said it has raised €10.5 million in funding from an extension of its Series C round which was first closed in October, 2004. TVM Capital, one of Germany’s biggest venture capital funds, led the financing.

Look out for more competition from Asia as Singapore turns on the pressure with its own increase in R&D spending.

The notion of grid computing is seeping out of the academic world into business applications.

Save energy, cool your seat.

We stray from the usual stuff of R&D to report on a development that will doubtless appeal to those sad souls who are preparing for World Cup fever.

The OECD has come up with a report that spells out a new "agreed set of Guidelines for the Licensing of Genetic Inventions used in healthcare".

On March 7 in Paris, we open our Science|Business Roundtable of leaders in European industry and academia, to debate and propose new ideas to improve the climate for innovation in Europe. One immediate suggestion is that Europeans do better at communications.

Scientists at Innsbruck Medical University have performed a great service to mankind by demonstrating that beer has important health-promoting properties.

What do patent statistics tell you about innovation? It depends how you count them, says the OECD. Nuala Moran investigates.

Sarissa Biomedical, a spin-out from the University of Warwick, that has designed a sensor to give an early warning of fetal hypoxia during birth, is looking for investors to strike licensing agreements.

Philips Research has developed a woodstove for cooking in rural communities in developing countries – and is looking for partners to bring this technology to the market.

Scientists at the University of Aston in the UK believe they have achieved the Holy Grail of telecommunications – the lossless transmission of data over optical fibres.