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

Mazzucato, Mariana and Penna, Caetano, eds. (2015) Mission-oriented finance for innovation: new ideas for investment-led growth. Policy Network and Rowman & Littlefield International, London ; New York. ISBN 9781783484959

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Abstract

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.

Item Type: Edited Book
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Subjects: H Social Sciences
H Social Sciences > HB Economic theory. Demography
H Social Sciences > HJ Public Finance
Depositing User: Caroline Cooper
Date Deposited: 11 Jul 2016 15:48
Last Modified: 11 Jul 2016 15:49
URI: http://sro.sussex.ac.uk/id/eprint/61975
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Finance and the Entrepreneurial StateG0786FORD FOUNDATION1125 1696