The Entrepreneurial State Debunking Public vs Private Sector Myths
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Auteur:
Mariana Mazzucato
- Engels
- Paperback
- 9780593656938
- 06 februari 2024
- 288 pagina's
Mariana Mazzucato
"Mariana Mazzucato is hoogleraar Economics of Innovation and Public Value (University College London) en directeur van het Institute for Innovation & Public Purpose (IIPP). Bij Nieuw Amsterdam verschenen van haar hand De ondernemende staat, De waarde van alles en Moonshot. Mazzucato ontving diverse prijzen voor haar werk.
Rosie Collington onderzoekt voor haar promotie aan het Institute for Innovation and Public Purpose de politieke economie van klimaatbeleid. Ze schrijft onder meer voor The Guardian, openDemocracy, New Political Economy en het Institute for New Economic Thinking."
Samenvatting
Award-winning economist Mariana Mazzucatos famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sectorwith a new preface by the author
According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all?
Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studiesfrom nanotechnology to the emerging green tech of todayMazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so smart was actually funded by the governmentfrom the Internet and GPS technology, to touch-screen displays and voice-activated Siri.
In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the States role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.
According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all?
Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studiesfrom nanotechnology to the emerging green tech of todayMazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so smart was actually funded by the governmentfrom the Internet and GPS technology, to touch-screen displays and voice-activated Siri.
In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the States role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.
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