The Entrepreneurial State
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Editorial Board
Kevin Gallagher (series editor) Boston University, USA
Jayati Ghosh (series editor) Jawaharlal Nehru University, India
Stephanie Blankenburg School of Oriental and African Studies (SOAS), UK
Ha-Joon Chang University of Cambridge, UK
Wan-Wen Chu RCHSS, Academia Sinica, Taiwan
Lonce Ndikumana University of Massachusetts-Amherst, USA
Alica Puyana Mutis Facultad Latinoamericana de Ciencias Sociales (FLASCO-Mxico), Mexico
Matas Vernengo Banco Central de la Repblica Argentina, Argentina
Robert Wade London School of Economics and Political Science (LSE), UK
Yu Yongding Chinese Academy of Social Sciences (CASS), China
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Erik S. Reinert (series editor) The Other Canon Foundation, Norway and Tallinn University of Technology, Estonia
Rainer Kattel (series editor) Tallinn University of Technology, Estonia
Jan Kregel (series editor) University of Missouri, USA and Tallinn University
of Technology, Estonia
Wolfgang Drechsler (series editor) Tallinn University of Technology, Estonia
Ha-Joon Chang University of Cambridge, UK
Mario Cimoli UN-ECLAC, Chile
Jayati Ghosh Jawaharlal Nehru University, India
Steven Kaplan Cornell University, USA and University of Versailles, Paris
Bengt-ke Lundvall Aalborg University, Denmark
Richard Nelson Columbia University, USA
Keith Nurse University of the West Indies
Patrick OBrien London School of Economics and Political Science (LSE), UK
Carlota Perez Judge Institute, University of Cambridge, UK
Alessandro Roncaglia Sapienza University of Rome, Italy
Jomo Kwame Sundaram Food and Agriculture Organization of the United Nations
The Entrepreneurial State
Debunking Public vs. Private
Sector Myths
Mariana Mazzucato
Anthem Press
An imprint of Wimbledon Publishing Company
www.anthempress.com
First published in UK and USA 2013
by ANTHEM PRESS
7576 Blackfriars Road, London SE1 8HA, UK
or PO Box 9779, London SW19 7ZG, UK
and
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This revised edition published by Anthem Press in 2014
Copyright Mariana Mazzucato 2014
The author asserts the moral right to be identified as the author of this work.
All rights reserved. Without limiting the rights under copyright reserved above,
no part of this publication may be reproduced, stored or introduced into
a retrieval system, or transmitted, in any form or by any means
(electronic, mechanical, photocopying, recording or otherwise),
without the prior written permission of both the copyright
owner and the above publisher of this book.
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library.
Library of Congress Cataloging-in-Publication Data
Mazzucato, Mariana, 1968
The entrepreneurial state : debunking public vs. private sector myths / Mariana
Mazzucato.
pages cm
Includes bibliographical references and index.
ISBN 978-0-85728-252-1 (pbk. : alk. paper)
1. EntrepreneurshipGovernment policy.
2. Technological innovationsGovernment policy.
3. Research, Industrial. 4. Diffusion of innovations. I. Title.
HB615.M372797 2013
338.04dc23
2013017536
ISBN-13: 978 0 85728 252 1 (Pbk)
ISBN-10: 0 85728 252 2 (Pbk)
This title is also available as an eBook.
This book is dedicated to my mother Alessandra, whose spirit continues to influence all those who met her affecting our willingness and ability to understand and transform the world with firmness, generosity and grace. And to my father Ernesto, whose battle to survive without her has not diminished his nearly life-long pursuit of perhaps the only really renewable source of energy nuclear fusion.
CONTENTS
Tables
Figures
AEIC | American Energy Innovation Council |
ARPA-E | Advanced Research Projects Agency Energy (US Department of Energy) |
ARRA | American Recovery and Reinvestment Act |
ATP | Advanced Technology Program |
BIS | Department of Business, Innovation and Skills (UK) |
BNDES | Banco Nacional de Desenvolvimento Econmico e Social (Brazilian Development Bank) |
CBI | Confederation of British Industries |
CBO | Congressional Budget Office (UK) |
CERN | European Organization for Nuclear Research, Geneva |
DARPA | Defense Advanced Research Projects Agency (USA) |
DECC | Department of Energy and Climate Change (UK) |
DEMOS | UK think tank |
DoD | US Department of Defense |
DoE | US Department of Energy |
DRAM | Dynamic random-access memory |
EC | European Commission, Brussels |
EPA | Environmental Protection Agency (USA) |
EPRI | Electric Power Research Institute |
FDA | Food and Drug Administration (USA) |
FINNOV | FINNOV EC FP7 project (www.finnov-fp7.eu) |
FIT | Feed-in tariff |
GDP | Gross domestic product |
GE | General Electric |
GMR | Giant magnetoresistance |
GPS | Global positioning system |
GPT | General purpose technology |
GW | Gigawatt |
GWEC | Global Wind Energy Council |
HM | Treasury Her Majestys Treasury (UK) |
IP | Intellectual property |
IPO | Initial public offering on stock market |
IPR | Intellectual property rights |
MIT | Massachusetts Institute of Technology |
MITI | Ministry of International Trade and Industry (Japan) |
MRC | Medical Research Council (UK) |
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