“Most venture capital funds are too short-termist and exit-driven to deal with the highly uncertain and lengthy innovation process.” ProcessDealsInnovationDrivenFundUncertainVentureToo ShortExitVenture CapitalLengthy Author:Mariana Mazzucato
“If we want growth today to be more innovation-driven, more inclusive and more sustainable, then we need a more active state, not a less active one. Yet we still hear the dogma that we should just fix market failure by focusing on science and infrastructure, and to "level the playing field."” IfsWantNeedsShouldStillsStatesTodayGrowthLevelsFieldsInnovationActiveDrivenDogmaInfrastructurePlaying FieldsMarket Failure Author:Mariana Mazzucato
“If we look at Germany's infrastructure policy, it has been driven by its mission-oriented focus on green infrastructure. This affects both innovation and infrastructure, old industries and new. The German steel industry, for example, has adapted to the policy by lowering its material content through a 'repurpose, reuse and recycle' strategy.” IfsLooksHas BeensFocusPolicyExampleMaterialsIndustryInnovationGreenStrategyMissionsDrivenGermanySteelInfrastructureAdaptedReuseSteel Industry Author:Mariana Mazzucato