Economics - Innovation - Inclusive Growth - Public Purpose

Tag Archives: Market Failure

The Market-Creating State

The Market-Creating State

Professor Mazzucato contributed to the RSA Journal with an article on The Market-Creating State.    PDF more

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

Where Are the European Googles?

Where Are the European Googles?

A big question for the past 20 years has been: Where are the European Googles? Why are all the funky, creative, dynamic, innovative companies like Apple, Amazon, Google and Facebook coming out of the United States and not out of Europe?

The three-part answer you will often hear is: Europe has lots of culture, good food and fashion, but it is not “entrepreneurial enough.” There are not enough “garage tinkerers.” Not enough high risk venture more

Der Mythos vom Staat, der nur stört

Der Mythos vom Staat, der nur stört

by Mariana Mazzucato, Capital “Schon lange vor der globalen Wirtschaftskrise hat unser Politiker eine Frage beschäftig: Wo ist das europäische Google? Wo sind die innovativen Unternehmer? Die, die bereit sind, hohe Risiken einzugehen?” more

Fabian Society policy publication

Fabian Society policy publication

Professor Mazzucato contributed to the Fabian Society policy publication “The great rebalancing – How to fix the broken economy” with the piece “Lighting the Innovation spark”. more

The Guardian

The Guardian

“Without state spending there’d be no Google or GlaxoSmithKline” more