A strong economy is a prerequisite for a prosperous and equitable society. Both the US and Europe are banking heavily on the potential of scientific and technological research to drive economic recovery and deliver future growth. Science Policy will be a major determinant of the extent to which this potential is fulfilled and therefore it is timely to review the emerging Science of Science Policy. This session will feature leading practitioners in this discipline from the US and Europe and will have a particular focus on measuring the link between Science Policy and Business Innovation.