
Mariana Mazzucato: The Entrepreneurial State: Debunking Private vs. Public Sector Myths
Long Now
00:00
The Uncertain Future of Venture Capital
Tesla Motors received a 500 million guaranteed loan from the Obama administration. It's the same amount that Solindra received. When I say innovation is uncertain, I mean it's really uncertain. For every internet you have 10 concords. Concord is actually a bad example for failure because if you actually look at all the spillovers that happened from that publicly funded experiment,. But the plane itself was not a success.
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