Innovation-led growth can square a circle that is challenging modern capitalism, says Mazzucato more

Innovation-led growth can square a circle that is challenging modern capitalism, says Mazzucato more
We need to understand wealth creation as a collective process, argues Mazzucato. more
“If Theresa May is serious about industrial strategy, she must begin a fundamental shift in how economic growth is understood, and fostered. Growth has a direction as well as a rate, and the aim of industrial-innovation policy must be to set that direction.” 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
Professor Mazzucato’s article about UK Chancellor George Osborne’s speech. more
“Devons-nous nous inquiéter de ce qui se passe en Chine? La croissance de la principale économie émergente est-elle en panne ? Ou bien le récent ralentissement économique et la dévaluation de la monnaie ne sont-ils que de simples remous?” This article was first published on the front page of La Repubblica on August 21, 2015.… more
by Mariana Mazzucato “Pechino ha bisogno di minore rigidità e di decentramento ma anche la Ue deve reagire in maniera flessibile e dinamica per evitare la catastrofe.” PDF English version more
Should we worry about China? Is growth in the key ‘emerging economy’ over, with dangerous reverberations across the globe, or are the latest changes to both its growth and its exchange rate just ripples not to worry about? All this depends on what the causes of such changes are. And traditional analysis seems to be looking in the wrong place, confusing causes with symptoms.
With much of the world economy still sick from more
Insights from Professor Mazzucto’s work, including a lecture she gave to the University of Bath’s Institute for Policy Research (IPR), informed this IPR Policy Brief, ‘Alternatives to Austerity’ (see chapter 4). Website PDF more
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