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Mission-oriented finance for innovation: new ideas for investment-led growth

book
posted on 2023-06-09, 02:07 authored by Caetano Penna, Mariana Mazzucato
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.

Funding

Finance and the Entrepreneurial State; G0786; FORD FOUNDATION; 1125 1696

History

Publication status

  • Published

Publisher

Policy Network and Rowman & Littlefield International

Pages

175.0

Place of publication

London ; New York

ISBN

9781783484959

Department affiliated with

  • SPRU - Science Policy Research Unit Publications

Notes

his is an edited book edited by Caetano Penna, Mariana Mazzucato

Full text available

  • No

Peer reviewed?

  • Yes

Editors

Caetano Penna, Mariana Mazzucato

Legacy Posted Date

2016-07-11

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