Quote by Mariana Mazzucato
"Innovation requires failure, and only public institutions have the structural capacity to absorb it."
"Innovation requires failure, and only public institutions have the structural capacity to absorb it."
"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."