The Czech Republic has capped off a series of investments by US software companies with the news that Red Hat is to set up a development centre in Brno.
A shortage of later stage projects is forcing companies hunt further down the drug discovery ladder. Now the Wellcome Trust is injecting charitable money to fill the holes.
Matching consumer demand with R&D may seem like an obvious starting point for innovation. But it has proven a transient goal for many countries and companies.
For research investors, 2006 was the year that the European train finally started to leave the station. The new year will tell whether it’s going anywhere worth visiting.
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