“Labours industrial strategy is inspired by the work of Mariana Mazzucato “Identifying the key challenges facing our economy – from an ageing population to global climate change – and shaping markets so that we can better respond to them.” Chi Onwurah more
FT feature video on space exploration where Mariana says “Entrepreneur means risk-taking and forming new markets. I think all the different actors in space, including NASA, has an entrepreneurial role and just labelling the companies as entrepreneurs and then looking at NASA as this sort of inertial dinosaur, I think, is part of the problem.”… more
Why government must negotiate a better deal for publicly funded research. more
In recent days, my name has been mentioned by John McDonnell in relation to policies he and Jeremy Corbyn have been floating relating to the patent box policy and funding of medical innovation in the UK. I should say first off that I was once a member of Labour’s Economic Advisory Committee (EAC) performing a similar role to that which I have for Nicola Sturgeon in her Council of Economic Advisors (CEA) and, in various ways, with other policy makers worldwide. And although Labour’s EAC is not currently operating, I actually never discussed pharmaceutcal more
Mazzucato M. (2016) “From Market Fixing to Market-Creating: A new framework for innovation policy” more
Report commissioned by the Brazilian Ministry of Science, Technology & Innovation, through the Centre for Strategic Management and Studies (CGEE), co-authored with Caetano Penna. more
The current debate about medical innovation is characterized by a poor understanding of, and many myths around, the drivers behind innovation, in particular the respective roles of public and private actors in the innovation process. more
Post election update. The Liberal Party has won the Canandian election on a platform which promised investment, not more budget cuts. The new Prime Minister Justin Trudeau now needs to ask the right questions about how to steer and direct this spending, not only on shovel-ready projects, but with vision. He would do well to listen to Liberal Premier of Ontario, Kathleen Wynne, who recently cited my work in her speech to the Waterloo Innovation Summit on 17 September 2015, saying:
“One of Mariana’s central observations is that, in our post-recession world, the state has been cast as the villain — a hapless, cumbersome meddler that has always done a poor job of mimicking the private sector, so should get out of the way — just focus more
At the heart of the government’s green paper on the future of the BBC is an implicit accusation that the broadcaster is ‘crowding out’ the market through the scale and quality of its services. The BBC is accused of (potentially) ‘stealing’ audience from private broadcasters, diminishing potential income from advertising (or subscription) and, consequently, private investments. If the BBC is to be blamed for ‘crowding more
Professor Mazzucato’s article about UK Chancellor George Osborne’s speech. more