The Entrepreneurial State: Debunking Public vs. Private Sector Myths (Anthem Other Canon Economics) pdf epub fb2

The Entrepreneurial State: Debunking Public vs. Private Sector Myths (Anthem Other Canon Economics) by Mariana Mazzucato epub fb2 djvu

Author: Mariana Mazzucato
Title: The Entrepreneurial State: Debunking Public vs. Private Sector Myths (Anthem Other Canon Economics)
ISBN: 0857282522
ISBN13: 978-0857282521
Other Formats: doc mobi mbr lrf
Pages: 266 pages
Publisher: Anthem Press; 1 edition (June 10, 2013)
Language: English
Size EPUB version: 1721 kb
Size FB2 version: 1874 kb
Category: Politics & Social Sciences
Subcategory: Politics & Government

This bestseller from leading economist Mariana Mazzucato � named by the �New Republic� as one of the �most important innovation thinkers� today � is stirring up much-needed debates worldwide about the role of the State in innovation. Debunking the myth of a laggard State at odds with a dynamic private sector, Mazzucato reveals in case study after case study that in fact the opposite situation is true, with the private sector only finding the courage to invest after the entrepreneurial State has made the high-risk investments. Case studies include examples of the State�s role in the �green revolution�, in biotech and pharmaceuticals, as well as several detailed examples from Silicon Valley. In an intensely researched chapter, she reveals that every technology that makes the iPhone so �smart� was government funded: the Internet, GPS, its touch-screen display and the voice-activated Siri. Mazzucato also controversially argues that in the history of modern capitalism the State has not only fixed market failures, but has also shaped and created markets, paving the way for new technologies and sectors that the private sector only ventures into once the initial risk has been assumed. And yet by not admitting the State�s role we are socializing only the risks, while privatizing the rewards in fewer hands. This, she argues, hurts both future innovation and equity in modern-day capitalism. Named one of the �2013 Books of the Year� by the �Financial Times� and recommended by �Forbes� in its 2013 �creative leaders� list, this book is a must-read for those interested in a refreshing and long-awaited take on the public vs. private sector debate.


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