Mariana Mazzucato


Mariana Mazzucato is Professor in the Economics of Innovation and Public Value, University College London (UCL) and Director of the Institute for Innovation and Public Purpose. She is author of the highly-acclaimed book The Entrepreneurial State: debunking public vs. private sector myths (Anthem 2013; Public Affairs, 2015) and winner of the 2014 New Statesman SPERI Prize in Political Economy and the 2015 Hans-Matthöfer-Preis. Mazzucato has advised policymakers around the world on how to deliver ‘smart’, inclusive and sustainable growth.  In 2013 she was named as one of the ‘3 most important thinkers about innovation’ in the New Republic.


By this expert

Wealth Creation and the Entrepreneurial State

Paper Conference paper | | Oct 2017

Building symbiotic public-private partnerships

Why Economic Recovery Requires Rethinking Capitalism

Article | Nov 15, 2016

Mission-oriented public investment is vital to spur a revival of private-sector investment

Mission-Oriented Finance for Innovation: new ideas for investment-led growth

Article | Mar 19, 2015

“The important thing for Government is not to do things which individuals are doing already, and to do them a little better or a little worse; but to do those things which at present are not done at all.” John M. Keynes, The End of Laissez Faire, 1926 (p. 44)

Beyond Market Failures The Market Creating and Shaping Roles of State Investment Banks

Paper Working Paper Series | | Jan 2015

Recent work has highlighted the need for innovation investments to be understood through a mission oriented approach rather than a market failure one (Foray et al. 2012). However, this work has only focused on state agencies, such as DARPA, overlooking the role of public financial institutions such as state investment banks.

Featuring this expert

The Government as an Entrepreneur

Video | Mar 7, 2018

Mariana Mazzucato argues that the idea that entrepreneurship is confined to the private sector is wrong.

The Edinburgh Reporter: Call for green investment to transform Scotland’s economy

News Oct 23, 2017

INET Chairman Adair Turner and Grantee Mariana Mazzucato comment on the Friends of the Earth Scotland event and a green economic transition.


From the Origins of Economic Ideas to the Challenges of Our Time

Event Plenary | Oct 21–23, 2017

INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.

Capitalism in the Time of Trump?

Article | Dec 8, 2016

As the world turns upside down, Mariana Mazzucato discusses how to shape an economy that works for everyone