Economics - Innovation - Inclusive Growth

books

journal articles

Innovation Systems: From Fixing Market Failures to Creating Markets

Innovation Systems: From Fixing Market Failures to Creating Markets

Mazzucato, M. (2015) Which Industrial Policy Does Europe Need? Volume 50, May/June 2015, Number 3 | pp. 120-155 One lesson of the Great Recession has been that countries with higher shares of industry in their GDP seemed to be less affected by the crisis. Consequently, the call for an industrial renaissance has become stronger. Industrial policy has… more

working papers

policy

A MISSION-ORIENTED APPROACH TO BUILDING THE ENTREPRENEURIAL STATE

A MISSION-ORIENTED APPROACH TO BUILDING THE ENTREPRENEURIAL STATE

Professor Mazzucato was commissioned to write this paper by Innovate UK. The paper argues that a new framework is needed that recognizes Government’s role in creating and shaping new markets with the potential to transform economic growth, making it more innovation-led, as well as more inclusive and sustainable. more