
Martin Wolf interviews Mariana Mazzucato: Can the state innovate?
The Economics Show
The State as an Entrepreneur
This chapter explores the revolutionary ideas presented in a 2013 book that redefines the state's role in innovation and industrial policy. It argues that government intervention has historically been crucial in fostering technological advancements, particularly in the U.S. digital economy, countering the myth of the solitary 'heroic entrepreneur.' The chapter further advocates for collaborative, mission-driven initiatives to tackle pressing global challenges through innovative public-private partnerships.
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