Mission-Oriented Finance for Innovation
Author | : Mariana Mazzucato |
Publisher | : Rowman & Littlefield |
Total Pages | : 175 |
Release | : 2015-03-06 |
ISBN-10 | : 9781783484966 |
ISBN-13 | : 1783484969 |
Rating | : 4/5 (66 Downloads) |
Download or read book Mission-Oriented Finance for Innovation written by Mariana Mazzucato and published by Rowman & Littlefield. This book was released on 2015-03-06 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of the state in modern capitalism has gone beyond fixing market failures. Those regions and countries that have succeeded in achieving “smart” innovation-led growth have benefited from long-term visionary “mission-oriented” policies—from putting a man on the moon to tackling societal challenges such as climate change and the wellbeing of an ageing population. This book collects the experience of different types of mission-oriented public institutions around the world, together with thought-provoking chapters from leading economists. As the global debate on deficits and debt levels continues to roar, the book offers a challenge to the conventional narrative—asking what kinds of visionary fiscal policies we need to help promote "smart” innovation-led, inclusive, and sustainable growth.