Presidential Briefings | Mariana Mazzucato | The Entrepreneurial State
http://www.weforum.org/
"Why are all these funky, creative, dynamic innovative companies, like Apple, Amazon, Google and Facebook coming out of the US and not Europe?" That's the question Marianna Mazzuccatto says has been asked for the past 20 years. The answer, she says, is not as many think: "too much state, too little market". In this briefing Mazzuccatto explores the role between the state and the market, and asks key questions about risk, return and government's role in an innovative economy.
It is Mazzuccato view that the state already acts entrepreneurially to drive innovation: "What makes the iPhone so smart and not stupid?" she asks, "Well it is revolutionary technologies that were actually funded by government." Mazzuccato says that public money made all the game-changing technologies behind the iPhone possible - internet, GPS, touch-screen display and Siri. She says it's time to see the state as entrepreneurial risk taker, overdue a social and financial return from its investment in innovation.
Professor Mazzuccato explains that the state is often seen as a "market fixer", but rarely as a "market shaper". She says it's trendy to talk about "innovation ecosystems", but it's important that those ecosystems are symbiotic not parasitic. Currently governments take the risk of funding long haul innovation, but don't get a share of the rewards. The University of Sussex professor urges policy makers and governments around the world to rethink how they earn back from future investments, so there will be enough money to kickstart tomorrow's technologies.
Видео Presidential Briefings | Mariana Mazzucato | The Entrepreneurial State канала World Economic Forum
"Why are all these funky, creative, dynamic innovative companies, like Apple, Amazon, Google and Facebook coming out of the US and not Europe?" That's the question Marianna Mazzuccatto says has been asked for the past 20 years. The answer, she says, is not as many think: "too much state, too little market". In this briefing Mazzuccatto explores the role between the state and the market, and asks key questions about risk, return and government's role in an innovative economy.
It is Mazzuccato view that the state already acts entrepreneurially to drive innovation: "What makes the iPhone so smart and not stupid?" she asks, "Well it is revolutionary technologies that were actually funded by government." Mazzuccato says that public money made all the game-changing technologies behind the iPhone possible - internet, GPS, touch-screen display and Siri. She says it's time to see the state as entrepreneurial risk taker, overdue a social and financial return from its investment in innovation.
Professor Mazzuccato explains that the state is often seen as a "market fixer", but rarely as a "market shaper". She says it's trendy to talk about "innovation ecosystems", but it's important that those ecosystems are symbiotic not parasitic. Currently governments take the risk of funding long haul innovation, but don't get a share of the rewards. The University of Sussex professor urges policy makers and governments around the world to rethink how they earn back from future investments, so there will be enough money to kickstart tomorrow's technologies.
Видео Presidential Briefings | Mariana Mazzucato | The Entrepreneurial State канала World Economic Forum
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Mariana Mazzucato: Government -- investor, risk-taker, innovatorMariana Mazzucato: How the State Drives InnovationWhat is economic value, and who creates it? | Mariana MazzucatoMariana Mazzucato: A Moonshot Guide to Changing Healthcare | WIRED HealthMariana Mazzucato: Counting in the StateThe Four Financial Problems We Haven't Solved — Mariana Mazzucato at Long NowTEDxSussexUniversity - Mariana Mazzucato - The Entrepreneurial StateMission Economy: a moonshot guide to changing capitalism | LSE Online EventThe Dangers of FinancializationMariana Mazzucato: How does innovation really happen? | WIRED Smarter 2019The Value of Everything with Mariana Mazzucato9 Things You Should STOP Doing in 2021 If You Want To Be RichDelving into the entrepreneurial stateKeynote Presentation: The Entrepreneurial StateMariana Mazzucato: Government Risk and Private Sector RewardHow to Function With ADHD: The Entrepreneurial Mind | Ned HallowellThe COVID-19 crisis is a chance to do capitalism differently | Mariana MazzucatoThe Value of EverythingAn overview of the IIPP Master of Public AdministrationApril: Mariana Mazzucato, Mission Economy