Quote by Mariana Mazzucato
"The state is not a referee in the economy; it's a player, and an essential one."
More from 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."