The Entrepreneurial State (Revised Edition): Debunking Public vs. Private Sector Myths - Softcover

Mazzucato, Mariana

Softcover

ISBN 10: 1610396138 ISBN 13: 9781610396134

Publisher: PublicAffairs,U.S., 2015

Synopsis

In this sharp and controversial exposé, Mariana Mazzucato debunks the pervasive myth that the state is a laggard, bureaucratic apparatus at odds with a dynamic private sector. She reveals in detailed case studies, including a riveting chapter on the iPhone, that the opposite is true: the state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation. The repercussions could stunt economic growth and increase inequality. Mazzucato teaches us how to reverse this trend before it is too late.

About this title

Review:

"[Mazzucato] argues persuasively that a successful, innovative society must draw on symbiotic partnerships between governmental and private entities."
--Richard N. Cooper, Foreign Affairs

"Conventional economics offers abstract models; conventional wisdom insists that the answer lies with private entrepreneurship. In this brilliant book, Mariana Mazzucato argues that the former is useless and the latter incomplete."
--Martin Wolf, Financial Times

"Mazzucato argues that long-term, patient government funding is an absolute prerequisite for breakthrough innovation.Even if you disagree with Mazzucato's argument, you should read her book. It will challenge your thinking."
--Bruce Upbin, Forbes

"It is one of the most incisive economic books in years."
--Jeffery Madrick, New York Review of Books

"Ms. Mazzucato is right to argue that the state has played a central role in producing game-changing breakthroughs, and that its contribution to the success of technology-based businesses should not be underestimated."
--The Economist

"A meticulously argued treatise that shows how unwise our conventional wisdom has become."
--Christopher Dickey, Newsweek

"Provides persuasive evidence that governments deserve more credit than private companies for the development of most important modern technologies."
--Edward Hadas, Reuters

"A skillful combination of the history of technology, empirical evidence, and policy analysis--the book contains a critical reading of data and arguments that run counter to established views while never falling short of offering constructive solutions."
--Davide Consoli, Science

"Makes an engaging, persuasive case in favor of the state, and suggests one recommend it not just as an instrument of market repair but also as a prerequisite for future prosperity."
--J. Bhattacharya, Choice

"In this trailblazing book on the role of government as both a risk-taking funder of innovation and a market creator, Mariana Mazzucato persuasively argues that the government is a key enabler of technological innovations that drive economic growth. This important book should be read by policymakers, opinion leaders, and others with a stake in funding economic growth."
--Arnold T. Davis, CFA Institute

Book Description:

*A Financial Times, Forbes and Huffington Post Book of the Year *Already a bestseller in UK-The Entrepreneurial State's powerful argument debunks long-held beliefs to reveal how the United States Governments is not the slow, bureaucratic behemoth it appears, but is in fact, one of our most exciting risk-takers-crucial to inciting the growth of innovative business, historically and today.

About this edition

• Publisher: PublicAffairs,U.S.
• Publication date: 2015
• ISBN 10: 1610396138
• ISBN 13: 9781610396134
• Binding: Paperback
• Edition number: 2
• Number of pages: 288