Mariana Mazzucato (PhD) is Professor in the Economics of Innovation and Public Value, University College London (UCL), where she is establishing a new Institute for Innovation and Public Purpose.
Professor Mazzucato regularly gives talks to public and private sector organisations around the world on the economics of growth and innovation. She 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 (Finnish Innovation Fund) Advisory Panel. Her current research projects include two funded by the EC Horizon 2020 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. She has also recently worked on research projects through the Ford Foundation and the Institute for New Economic Thinking, and on work commissioned by organizations including NASA, the European Space Agency and the Brazilian Ministry for Science and Technology.
In 2014 Professor Mazzucato was awarded the New Statesman SPERI Prize in Political Economy for her work on smart growth and the entrepreneurial state. Her book The Entrepreneurial State was shortlisted for the prestigious Wirtschaftsbuchpreis in Germany and featured on the 2013 books of the year lists of the Financial Times and Forbes. It has been translated into Italian, German, Portuguese, Spanish, Dutch, Greek and Polish, and is forthcoming in Chinese, Japanese and Korean. The book 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.
Recent transnational organisations where she has given keynotes include the OECD, the World Bank and the World Economic Forum. Her 2013 TED Global talk, “Government: investor – risk taker – innovator”, has been viewed more than 700,000 times.
Her research focuses on the relationship between financial markets, innovation, and economic growth at the company, industry and national level.