Professor in the Economics of Innovation and Public Value, UCL and Director, Institute for Innovation and Public Purpose
Professor Mariana Mazzucato (PhD) holds the Chair in the Economics of Innovation and Public Value, University College London (UCL) where she is establishing a new Institute for Innovation & Public Purpose (launching Autumn 2017). She previously held the RM Phillips Chair at SPRU, University of Sussex and has held academic positions at the University of Denver, the London Business School, Bocconi University and the Open University.
Her highly acclaimed book The Entrepreneurial State: debunking public vs. private sector myths (Anthem, 2013; updated US edition, Public Affairs, 2015) was on the 2013 Books of the Year list of the Financial Times. It focuses on the need to develop new frameworks to understand the role of the state in economic growth—and how to enable rewards from innovation to be just as ‘social’ as the risks taken. Professor Mazzucato is winner of the 2014 New Statesman SPERI Prize in Political Economy, the 2015 Hans-Matthöfer-Preis and in 2013 she was named as one of the ‘3 most important thinkers about innovation‘ in the New Republic.
She has advised policy makers around the world on innovation-led growth and is currently a member of the Scottish Government’s Council of Economic Advisors; the World Economic Forum’s Council on the Economics of Innovation and SITRA’s (the Finnish Innovation Fund) Advisory Panel.
Her research focuses on the relationship between financial markets, innovation, and economic growth—and how to allow smart, innovation-led growth to be also more inclusive and sustainable. Her current research projects include two funded by the EC Horizon programme: Innovation-fuelled, Sustainable, Inclusive Growth (ISIGrowth) and Distributed Global Financial Systems for Society (DOLFINS), and a new project on Rethinking Medical Innovation by the Open Society Foundations. Her recent research includes projects funded by the Ford Foundation and the Institute for New Economic Thinking, and work commissioned by NASA, the European Space Agency and the Brazilian Ministry for Science and Technology. Between 2009-2012 she directed a large 3-year European Commission FP7 funded project on Finance, Innovation and Growth (FINNOV).
She is co-editor of a new book, Rethinking Capitalism: Economics and Policy for Sustainable and Inclusive Growth (Wiley Blackwell, July 2016), and is currently writing The Value of Everything, which will be published by Penguin’s Allen Lane in 2017.
Her research outputs, media engagement (including articles in the FT, Time Magazine, the New York Times, the Guardian and Foreign Affairs), and talks (including her TED Global talk), can be found on her website.