Mariana Mazzucato

"The state is not there to pick winners and losers in the market. The state is there to create the conditions for innovation to happen."

"Public institutions have been crucial in funding the most radical, uncertain, and high-risk innovations."

"We need to recognize the entrepreneurial state as a creator of markets, not just a fixer of market failures."

"The private sector learns from public sector risk-taking."

"Innovation requires patience and long-term commitment."

"We must rethink the role of public institutions in the innovation economy."

"Risk-taking is not just about private entrepreneurs; public institutions take massive risks too."

"The internet, GPS, and touchscreen technology were all publicly funded innovations."

"We should celebrate public sector innovation as much as we celebrate private sector innovation."

"The myth of the lone genius entrepreneur obscures the role of collective innovation systems."

"Public institutions are essential for breakthrough innovations that the private sector won't fund."

"We need to value the visionary role of the state in shaping markets and industries."

"Innovation ecosystems require diverse actors, including strong public institutions."

"The state must be bold in its vision and patient in its execution."

"We have been told that the public sector is bureaucratic and slow. This is a myth that needs challenging."

"Public institutions should be rewarded, not punished, for their risk-taking investments."

"The entrepreneurial state is not about picking winners; it's about creating the conditions where winners can emerge."

"History shows that the most transformative innovations have public sector origins."

"We need to rethink how we value and reward public sector innovation."

"The private sector often stands on the shoulders of publicly funded research."

"Innovation requires accepting failure as part of the process."

"Public institutions must be allowed to take risks without fear of blame for every failure."

"The state can be a venture capitalist, an entrepreneur, and a visionary."

"We should measure the return on public investment not just in financial terms but in social impact."

"The entrepreneurial state is about creating new possibilities, not just fixing problems."

"Public sector innovation is often unglamorous but absolutely essential."

"We need to move beyond the false choice between state and market."

"Innovation requires both vision and humility about what we don't know."

"The state has historically been the largest risk-taker in the economy."

"Public institutions need to be given credit for the innovations they enable."