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The art of innovation – putting one’s ideas first, trumpeting your merits, taking on risk – is most “un-Finnish”. But not to one Finn.

Alexander von Gabain and his team laid the foundations of an enterprise that would rise to the top of the continent’s biotechnology pile – and rewrite the region’s rules for biotechnology start-ups.

The spin-out tag makes university start-ups look weak and vulnerable, says Philip Sharpe from QinetiQ, one of Europe’s largest technology commercialisation companies.

Most of the Cohesion Policy budget of €347 million is being invested in projects that support the Lisbon strategy, according to the latest analysis of the programme.

The European Parliament has given the thumbs up to the first ever Europe-wide public–private research partnerships, approving programmes in miniaturisation, embedded computers, medicines and aviation.

An academic–industry consortium is setting up a centre to support collaborative research and technology transfer between the UK and India.

Research Commissioner Janez Potocnik called for Europe to adopt a global culture of entrepreneurship in the face of the challenge from China and India.

The New Year will see the launch of ten new collaborative research projects to be funded by the German Research Foundation, DFG.

The heavyweights of UK health research are joining forces to found a £500 million Centre for Medical Research and Innovation in the heart of London.

Although financial support from the European Union for the European Institute of Innovation and Technology is assured, a big question mark still hangs over funding from industry.

Industrialist Adolphe Merkle is donating his fortune to bolster nanotechnology in his alma mater. His move may be replicated by other rich Swiss entrepreneurs.

Science|Business launches a series of news and events to prompt debate on a vital policy question: How do you encourage enterprise in science?

A workshop will show how advances in measurement, characterisation and analytical technologies are driving commercialisation in the health and personal care sectors.

A new fund to attract international researchers and encourage greater collaboration between UK and overseas scientists was announced by science minister Ian Pearson.

Biotech organisations in one of Europe’s leading bioclusters are to discuss how to increase public–private collaborations in the field of biosystems.