Welcome, I’m a Professor in the Economics of Innovation and Public Value and Director of the Institute for Innovation and Public Purpose at University College London (UCL). My work is focused on the economics of innovation; finance and economic growth; and the role of the State in modern capitalism.
I have advised policy makers around the world on how to achieve economic growth that is 'smart' and inclusive. My research is currently funded by two large grants from the European Commission’s Horizon 2020 programme: ISIGrowth on innovation policy and Dolfins on financial reform. My book, The Entrepreneurial State: debunking public vs. private sector myths, challenges the image of the lethargic, regulating state versus the dynamic business sector—using historical examples to show public sector investments sparked technological revolutions. It offers a new way of thinking about political economy in the 21st century.
My latest book is Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth, co-edited with Michael Jacobs.