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Edinburgh Instruments has made its first sale of a new product containing technology developed in an ITI R&D programme, triggering a royalty payment to ITI.

Europe has started doing better in IT research but still has a lot more to do to capitalise on the results, says a report by former Finnish Prime Minister Esko Aho.

The European Commission has published its Small Business Act for Europe in a bid to cut red tape and establish a new pan-European company structure.

The Council of Ministers is to provide €100 million from the EU’s 7th Framework Programme to boost research capacities of SMEs in Europe.

After months of lobbying, the Hungarian capital was chosen as headquarters for the European Institute of Technology and Innovation.

GE’s R&D centre in Munich is a European hub for Open Innovation. The head of the Centre, Carlos Härtel, describes the philosophy that drives its research to Science|Business’s Peter Wrobel.

Turmoil in the financial markets is having a disproportionate impact on biotech – and coupled with extra caution from regulators, is threatening innovation.