Mariana Mazzucato

Economist Researcher Italian-American Born 1968 (age 58)

Analyzes state's role in innovation and entrepreneurship economics.

418 quotes

"We should celebrate public sector entrepreneurs as much as we celebrate private ones."
Inspiration
"The myth of the market-driven innovation hides the crucial role of public investment."
Truth
"Innovation systems require collaboration, not competition between sectors."
Relationships
"Public institutions should have the autonomy to pursue bold, uncertain visions."
Freedom
"The state is not a burden on innovation; it is a creator of innovation."
Creativity
"We need to rethink the narrative of public sector failure and private sector success."
Change
"Risk-taking requires courage, and public institutions have shown tremendous courage in funding uncertain innovations."
Courage
"The value of public investment in innovation is often only recognized long after the fact."
Time
"We should be as proud of our public sector scientists and engineers as we are of private sector entrepreneurs."
"Innovation ecosystems flourish when public and private sectors work together."
Peace
"The state can be bold without being reckless in its innovation investments."
Wisdom
"Public institutions must be allowed to fail in order to succeed."
Perseverance
"The entrepreneurial state is about creating new markets, not just serving existing ones."
Success
"We need to move beyond the idea that the private sector is innovative and the public sector is not."
Truth
"Public investment in fundamental research drives long-term economic growth."
"The state should not apologize for being an entrepreneur; it should be proud of it."
"Innovation requires patience, and public institutions often have longer time horizons than private ones."
Patience
"We should value public sector innovation for its social and economic benefits, not just its commercial applications."
Justice
"The entrepreneurial state creates the conditions for private sector innovation to flourish."
Leadership
"Public institutions are essential for addressing grand challenges that markets alone cannot solve."
Hope
"We need to recognize that the state has always been an entrepreneur, even if we didn't call it that."
History
"Innovation ecosystems are strongest when public institutions are well-funded and autonomous."
Strength
"The state can take risks that the private sector cannot or will not take."
Courage
"We should be grateful for the public institutions that have made modern innovation possible."
Gratitude
"The myth of the market-driven economy obscures the crucial role of public sector innovation."
Truth
"Public institutions need long-term funding commitments to pursue bold visions."
Perseverance
"Innovation requires both the dynamism of the private sector and the stability of public institutions."
Wisdom
"The entrepreneurial state is not a new idea; it has always existed, but we are only now recognizing it."
History
"We should measure success not just by profit but by the social value created."
Justice
"Public sector innovation drives private sector innovation."
Inspiration