Expert in Economic Politics. Founder & CEO, Institute for Innovation and Public Purpose (UCL)
Mariana Mazzucato is one of the most prominent voices in Economic Politics, professor of Economics of Innovation and Public Value at University College London and founder and director of the Institute for Innovation and Public Purpose (UCL).
Her theories advocate a reinvention of the public sector so it orientates and ignites the creation of value, particularly in scientific and technological research and eco-sustainability. According to Mazzucato, only reformulating Capitalism, and promoting a more agile public organism, this will be able to detect and encourage the talent and creativity of individuals and business and could impulse durable growth. The example of Silicon Valley, and its more emblematic firms such as Apple or Tesla, creator of innovation originally commissioned by public entities, is, for Mazzucato, particularly illustrative.
In her conferences, with a solidly documented and appealing approach, Mazzucato promotes a new model of relationships between public and private sector, molded as “missions for the 21st century”.
During the last twenty years, Mazzucato has contributed as high level consultant for Public Institutions such as Sitra (Finland), ArpaE (US), InnovateUK and Government of Scotland, with a key role in reformulating a National Investment Bank of Scotland. She has worked many times for European agencies and, currently, is Special Advisor for Carlos Moedas, the European Commissioner (EC) for Research, Science and Innovation, helping him steer €100 billion for innovation towards missions that require cross-sectoral problem solving: a project formulated in what is called “the Mazzucato Report”. She has developed a wide research on financed growth, cooperating with institutions such as European Commission, NASA and Open Society Foundations.
Mazzucato has been awarded with prizes such as New Statesman SPERI Prize in Political Economy (2014), Hans-Matthöfer-Preis (2015), the Leontief Prize for Advancing the Frontiers of Economic Thought and Madame Staël for Cultural Values (2019). Many economic magazine internationally have featured her ideas: New Republic has considered her one of the top 3 thinkers in Innovation; Worth, one of the top16 women economics and Bloomberg included her among the 50 more promising profiles of 2019 (One to Watch list).
Her books have also been awarded. “The Entrepreneurial State. Debunking Public vs Private Sector Myths” was on the Financial Times books of the year list. Her last volume “The Value of Everything, Making and Taking the Global Economy” was a 2018 Strategy & Business Book of the Year and was shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year prize.
Mazzucato holds a PhD in Economy (New School for Social Research) and a bachelor degree in Arts, International Relationships and History from Tufts University. For two years she conducted her post-doctoral research at London Business School through a Marie Curie Fellowship. She has held academic positions at the University of Denver, the Bocconi (Milan), London Business School y Sussex University.
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