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The Entrepreneurial State
Debunking Public vs. Private Sector Myths

Summary

In this sharp and controversial exposé, Mariana Mazzucato debunks the pervasive myth that the state is a laggard, bureaucratic apparatus at odds with a dynamic private sector. She reveals in detailed case studies, including a riveting chapter on the iPhone, that the opposite is true: the state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation. The repercussions could stunt economic growth and increase inequality. Mazzucato teaches us how to reverse this trend before it is too late.

about Mariana Mazzucato

  • Professor Mariana Mazzucato (PhD) holds the Chair in the Economics of Innovation and Public Value and is the Director of the Institute for Innovation and Public Purpose, University College London. Mazzucato's highly acclaimed book The Entrepreneurial State: Debunking Public vs. Private Sector Myths was on the Financial Times 2013 Books of the Year list. She is winner of the 2014 New Statesman SPERI Prize in Political Economy, the 2015 Hans-Matth?÷fer-Preis, and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. In 2013, she was named one of the three most important thinkers about innovation by the New Republic.

    She advises policy makers around the world on innovation-led growth and is currently a member of the Scottish Government's Council of Economic Advisors, the UN Sustainable Development Solutions Network Leadership Council, and SITRA's Advisory Panel in Finland. Her current research projects include two funded by the EC Horizon 2020 programme, Innovation-fuelled, Sustainable, Inclusive Growth (ISIGrowth) and Distributed Global Financial Systems for Society (Dolfins), and new projects on rethinking medical innovation, funded by the Open Society Foundations, and mission-oriented innovation policies with the Inter-American Development Bank (IADB). Her recent research also includes projects funded by the Ford Foundation and the Institute for New Economic Thinking, and work commissioned by NASA and the European Space Agency.

    She is coeditor of Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth.

other editions

  • Paperback | ISBN 9781610396134
    Pub date: 10/27/2015 | Price: $16.99 / 21.50 Canada
    Publisher: PublicAffairs
    5.500 x 8.250 | 288 Pages
    BUSINESS & ECONOMICS / Government & Business
    POLITICAL SCIENCE / Public Policy / Economic Policy
    BUSINESS & ECONOMICS / Entrepreneurship
  • eBook | ISBN 9781610396141
    Pub date: 10/27/2015 | Price: $11.99 / 14.99 Canada
    Publisher: PublicAffairs
    288 Pages
    BUSINESS & ECONOMICS / Government & Business
    POLITICAL SCIENCE / Public Policy / Economic Policy
    BUSINESS & ECONOMICS / Entrepreneurship