Economics - Innovation - Inclusive Growth

the entrepreneurial state

The Entrepreneurial State: debunking public vs. private sector myths (Anthem 2013) is stirring up much-needed debate worldwide about the role of the state in fostering the innovation needed for smart, sustainable growth.

The book comprehensively debunks the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector. In case study after case study Professor Mazzucato shows that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments - from the green revolution to biotech and from pharmaceuticals to Silicon Valley. And she argues that by not admitting the State’s role we are socializing only the risks, while privatizing the rewards.

In 2014 Professor Mazzucato was awarded the New Statesman SPERI prize for her work on smart growth and the entrepreneurial state. The book was shortlisted for the prestigious Wirtschaftsbuchpreis in Germany and featured on the 2013 books of the year lists of the Financial Times and Forbes. It has been translated into ItalianGermanPortuguese and Spanish. Forthcoming: Greek, Chinese, Japanese and Korean.

featured media coverage

THE ECONOMIST

THE ECONOMIST

“Ms Mazzucato is right to argue that the state has played a role in producing game-changing breakthroughs, and that its contribution to the success of technology-based businesses should not be underestimated.” Schumpeter column

FINANCIAL TIMES

FINANCIAL TIMES

“This book has a controversial thesis. But it is basically right. The failure to recognise the role of the government in driving innovation may well be the greatest threat to rising prosperity.”  Martin Wolf

The New York Times

The New York Times

“In brief then, it is an essential role of the federal government — in the interest of tomorrow’s prosperity — to invest and engage in scientific and technological discovery.” Teresa Tritch

Time

Time

“As the academic Mariana Mazzucato argues in her excellent book The Entrepreneurial State, many of the most lauded corporate innovations… came out of state-funded research.” Rana Foroohar

Newsweek

Newsweek

“The Entrepreneurial State: Debunking Public vs. Private Sector Myths, by Mariana Mazzucato at Britain’s Sussex University, is a meticulously argued treatise that shows how unwise our conventional wisdom has become.” Christopher Dickey

Forbes

Forbes

“Read her book.  It will challenge your thinking.”  Bruce Upbin

The Guardian

The Guardian

“Professor Mariana Mazzucato… offers a forensic analysis of how the state is prime investor and creator of most great innovations.” Polly Toynbee

watch the TED talk

Mazzucato’s TED Global Talk – Government: investor, risk-taker, innovator – has had more than 600,000 views.

related interviews

INSTITUTE FOR NEW ECONOMIC THINKING:
HOW THE STATE DRIVES INNOVATION

CHARTERED INSTITUTE OF PUBLIC FINANCE & ACCOUNTANCY: WHAT IS THE ENTREPRENEURIAL STATE

FINANCIAL TIMES:DELVING INTO 
THE ENTREPRENEURIAL STATE

related events & talks

related publications

The entrepreneurial state news

Shortlisted for prize

Shortlisted for prize

Entrepreneurial State shortlisted for major German financial book prize alongside Piketty and Michael Lewis. more

US Senate mention

US Senate mention

The Entrepreneurial State is mentioned during the US Senate Committee on Appropriations.more

INTERGALACTIC COMPANY
"Ridiculus enim cras placerat facilisis amet lorem ipsum scelerisque sagittis lorem tis!"
Jojn Doe, CEO
Tel.: +1 (800) 123-45-67, +1 (800) 123-45-68
Fax: +1 (800) 123-45-69 (any time, 24/7/365)
E-mail: info@intergalactic.company
Website: http://www.intergalactic.company
Address:
221, Mount Olimpus,
Rheasilvia region, Mars,
Solar System, Milky Way Galaxy