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Mariana Mazzucato 'You Always Need the State to Roar'

AN OUTSPOKEN, CHARISMATIC SPEAKER

 

Professor Mazzucato regularly gives talks to public and private sector organisations around the world on the economics of growth and innovation. The author of The Entrepreneurial State: debunking public vs. private sector myths, she speaks about the role of the state in modern capitalism and how to achieve smart, inclusive economic growth. Her audiences include Governments, public sector agencies, business and private sector organisations around the world, including the UK, USA, Italy, Sweden, Norway, Denmark, the Netherlands, Latin America and China.

Recent transnational organisations where she has given keynotes include the OECD, the World Bank and the World Economic Forum.

Her 2013 TED Global talk, "Government: investor - risk taker - innovator", has been viewed more than 700,000 times.

"Mazzucato has stormed the global economic debate"  

Alicia Barcéna, Executive Secretary of the UN Economic Commission for Latin America and the Caribbean

 

AN INSIGHT INTO MARIANA:

Mariana Mazzucato (PhD) holds the prestigious RM Phillips chair in the Economics of Innovation at SPRU in the University of Sussex. Previously she has held academic positions at the University of Denver, London Business School, Open University, and Bocconi University.

Her research focuses on the relationship between financial markets, innovation, and economic growth–at the company, industry and national level. Between 2009-2012 she directed a large 3 year European Commission FP7 funded project on Finance and Innovation (FINNOV); her current project on Financing Innovation is funded by the Institute for New Economic Thinking (INET); and her project on Finance and Mission Oriented Investments is funded by the Ford Foundation's Reforming Global Financial Governance initiative.

Her book The Entrepreneurial State: debunking private vs. public sector myths appeared on the 2013 Books of the Year list of the Financial Times, Forbes and the Huffington Post. It focuses on the need to develop new frameworks to understand the role of the state in economic growth—and how to enable rewards from innovation to be just as 'social' as the risks taken. In 2013 the New Republic called her one of the '3 most important thinkers about innovation'.

She is co-editor of a new book, Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth (2016), and is currently writing The Value of Everything, which will be published by Penguin's Allen Lane in Spring 2017.

Mariana's work looks at the feedback between finance and innovation: how different firms need different types of finance and how different types of finance affect the type of innovation the firms do. She demonstrates the need for patient long term committed finance to nurture complex innovation process.

Her key concern is how to re-balance the risk-reward relationship, so we don't only socialise the risks but also the rewards. This, she argues, will improve the innovation eco-system. She advises the UK government and the EC on innovation-led growth.

SPEAKING TOPICS:

  • The economics of innovation
  • The entrepreneurial state
  • Public vs. private sector investment in innovation?
  • The global economy
  • The implications of Brexit


RECENT ARTICLES

Harvard Business Review: An Entrepreneurial Society Needs an Entrepreneurial State

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