The Entrepreneurial State

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Publisher : Penguin
ISBN 13 : 0593656946
Total Pages : 313 pages
Book Rating : 4.5/5 (936 download)

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Book Synopsis The Entrepreneurial State by : Mariana Mazzucato

Download or read book The Entrepreneurial State written by Mariana Mazzucato and published by Penguin. This book was released on 2024-02-06 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector—with a new preface by the author According to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case? What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all? Critically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies—from nanotechnology to the emerging green tech of today—Mazzucato reveals that the opposite is true: the private sector only finds the courage to invest after an entrepreneurial state has made the high-risk investments. The Entrepreneurial State reveals how every technology that makes the iPhone so “smart” was actually funded by the government—from the Internet and GPS technology, to touch-screen displays and voice-activated Siri. In the history of modern capitalism, the State has not only fixed market failures, but has also actively shaped and created markets. In doing so, it sometimes wins and sometimes fails. Yet by not admitting the State’s role in active risk taking, we've created an "innovation system" where the public sector socializes risks while privatizing reward, as Mazzucato controversially argues. This bold and provocative book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only "smart" but "inclusive" as well.

How the Internet Became Commercial

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Author :
Publisher : Princeton University Press
ISBN 13 : 1400874297
Total Pages : 483 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis How the Internet Became Commercial by : Shane Greenstein

Download or read book How the Internet Became Commercial written by Shane Greenstein and published by Princeton University Press. This book was released on 2015-10-20 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than a decade, the Internet went from being a series of loosely connected networks used by universities and the military to the powerful commercial engine it is today. This book describes how many of the key innovations that made this possible came from entrepreneurs and iconoclasts who were outside the mainstream—and how the commercialization of the Internet was by no means a foregone conclusion at its outset. Shane Greenstein traces the evolution of the Internet from government ownership to privatization to the commercial Internet we know today. This is a story of innovation from the edges. Greenstein shows how mainstream service providers that had traditionally been leaders in the old-market economy became threatened by innovations from industry outsiders who saw economic opportunities where others didn't—and how these mainstream firms had no choice but to innovate themselves. New models were tried: some succeeded, some failed. Commercial markets turned innovations into valuable products and services as the Internet evolved in those markets. New business processes had to be created from scratch as a network originally intended for research and military defense had to deal with network interconnectivity, the needs of commercial users, and a host of challenges with implementing innovative new services. How the Internet Became Commercial demonstrates how, without any central authority, a unique and vibrant interplay between government and private industry transformed the Internet.

From Privatization to Innovation

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Publisher :
ISBN 13 :
Total Pages : 81 pages
Book Rating : 4.:/5 (3 download)

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Book Synopsis From Privatization to Innovation by : Civic Federation (Chicago, Ill.)

Download or read book From Privatization to Innovation written by Civic Federation (Chicago, Ill.) and published by . This book was released on 1996 with total page 81 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Local Government Innovation

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Author :
Publisher : Praeger
ISBN 13 : 1567203825
Total Pages : 0 pages
Book Rating : 4.5/5 (672 download)

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Book Synopsis Local Government Innovation by : Robin A. Johnson

Download or read book Local Government Innovation written by Robin A. Johnson and published by Praeger. This book was released on 2000-09-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nationally recognized scholars and practitioners examine opportunities in which services traditionally provided by local governments are offered by the private sector though a contract or are transferred to a private business completely. Many large U.S. cities have contracted services for many years. With the movement to rightsize governments in recent years there has been renewed interest by local governments in similar ventures. Privatization, in its many forms, is now seen as a viable alternative to traditional ways of providing public services and can bring substantial benefits to residents. With greater accountability being demanded and pressures on local officials to hold the line on or reduce taxes, efforts to find innovative service delivery methods will probably increase. Cities, such as Atlanta, Indianapolis, and Charlotte, are examples showing that contracts with private businesses can work to benefit all parties. Local officials must move ahead cautiously, and not all attempts at privatization or contracting have succeeded. Some cities, after an evaluation, have decided to provide services with municipal employees. The main issues underlying privatization decisions will be addressed conceptually so that practitioners and academics benefit from a review of the current thinking on the issues. At the same time, exemplary practices and case studies are included so that readers can understand how privatization and managed competition have been implemented in local governments. Special attention is paid to administrative questions that may arise during the implementation process. For example, ways in which cities have worked with employees who fear displacement because of the privatization process are described. The book breaks new ground by including references to recent innovations in public-private partnerships and describing how privatization may evolve in the future.

How the Internet Became Commercial

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691178399
Total Pages : 482 pages
Book Rating : 4.6/5 (911 download)

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Book Synopsis How the Internet Became Commercial by : Shane Greenstein

Download or read book How the Internet Became Commercial written by Shane Greenstein and published by Princeton University Press. This book was released on 2017-09-26 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: In less than a decade, the Internet went from being a series of loosely connected networks used by universities and the military to the powerful commercial engine it is today. This book describes how many of the key innovations that made this possible came from entrepreneurs and iconoclasts who were outside the mainstream—and how the commercialization of the Internet was by no means a foregone conclusion at its outset. Shane Greenstein traces the evolution of the Internet from government ownership to privatization to the commercial Internet we know today. This is a story of innovation from the edges. Greenstein shows how mainstream service providers that had traditionally been leaders in the old-market economy became threatened by innovations from industry outsiders who saw economic opportunities where others didn't—and how these mainstream firms had no choice but to innovate themselves. New models were tried: some succeeded, some failed. Commercial markets turned innovations into valuable products and services as the Internet evolved in those markets. New business processes had to be created from scratch as a network originally intended for research and military defense had to deal with network interconnectivity, the needs of commercial users, and a host of challenges with implementing innovative new services. How the Internet Became Commercial demonstrates how, without any central authority, a unique and vibrant interplay between government and private industry transformed the Internet.

The Entrepreneurial State

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Author :
Publisher : Public Affairs
ISBN 13 : 9781610396134
Total Pages : 288 pages
Book Rating : 4.3/5 (961 download)

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Book Synopsis The Entrepreneurial State by : Mariana Mazzucato

Download or read book The Entrepreneurial State written by Mariana Mazzucato and published by Public Affairs. This book was released on 2015-10-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Companies like Google and Apple heralded the information revolution, and opened the doors for Silicon Valley to grow into an engine of dazzling technological development, that today champions the free market that engendered it against the supposedly stifling encroachment of government regulation. But is that really the case? In this sharp and controversial expose, The Entrepreneurial State, Mariana Mazzucato debunks the pervasive myth that the state is a laggard, bureaucratic apparatus at odds with a dynamic private sector. Instead she reveals in case study after case study that, in fact, the opposite is true: the state is our boldest and most valuable innovator. The technology revolution would never have happened without support from the US Government. The breakthroughs--GPS, touch-screen displays, the Internet, and voice-activated AI--that enabled legendary Apple products to be smart successes were, in fact, all developed with support from the state. Mazzucato reveals that many successful entrepreneurs like Steve Jobs integrated state-funded technological developments into their products and then reaped the rewards themselves. The algorithm behind Google’s search engine was initially sponsored by NASA. And 75% of NMEs--new, often-ground-breaking drugs not derivative of existing substances--trace their research to National Institutes of Health (NIH) labs. The American government, it turns out, has been enormously successfully at stimulating scientific and technological advancement. But by 2009, just some months following the Great Recession--the US government, constrained by austerity measures, started disinvesting from its holdings in research fields like health, energy, electronics. The trend is likely to continue, and the repercussions of these policies could wreak havoc on our technology and science sectors. But Mazzucato remains optimistic. If managed correctly, state-sponsored development of Green technology, for instance, could be as efficacious as suburbanization & post-war reconstruction in the mid-twentieth century, and unleash a wide-spread golden age in the global economy. The limitations of natural resources and the threat of global warming could become the most powerful driver of growth, employment, and innovation within just one generation--but to be successful, the Green Revolution will depend on the initiatives of proactive governments. By not admitting the State’s role in economic and technological progress, we are socializing only the risks of investing in innovation, while privatizing the rewards in the hands of only a few businesses. This, Mazzucato argues, hurts both future of innovation and equity in modern-day capitalism. For policy-makers, Silicon Valley start-up founders, venture-capitalists, and economists alike, The Entrepreneurial State stirs up much needed debate and offers up a brilliant corrective to spurious beliefs: to thrive, American businesses have always and will need to depend on the support of our country’s most audacious entrepreneur, the state.

The Effect of Privatization on the Characteristics of Innovation

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Author :
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Effect of Privatization on the Characteristics of Innovation by : Marcelo Cano Kollmann

Download or read book The Effect of Privatization on the Characteristics of Innovation written by Marcelo Cano Kollmann and published by . This book was released on 2020 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the role of privatization on the after-market dynamic of innovation. We hypothesize that privatized firms will focus on a narrower set of technologies as a response to increased pressure for profitability and short-term results, and that they engage in overseas collaboration more after privatization. Using a cross-country sample of privatized firms, we find strong evidence supporting these hypotheses. In particular, newly privatized firms seem to increase overseas collaboration and devote most of it to the more promising technologies. Importantly, the overseas collaboration in technological innovation is associated with greater firm performance, but only so after privatization.

Innovation and Privatization in the Telecommunications Industry

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Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (655 download)

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Book Synopsis Innovation and Privatization in the Telecommunications Industry by :

Download or read book Innovation and Privatization in the Telecommunications Industry written by and published by . This book was released on 2000 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: By James L. Dyer.

Capitalism, Power and Innovation

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Author :
Publisher : Routledge
ISBN 13 : 1000368750
Total Pages : 279 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis Capitalism, Power and Innovation by : Cecilia Rikap

Download or read book Capitalism, Power and Innovation written by Cecilia Rikap and published by Routledge. This book was released on 2021-03-29 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contemporary global capitalism, the most powerful corporations are innovation or intellectual monopolies. The book’s unique perspective focuses on how private ownership and control of knowledge and data have become a major source of rent and power. The author explains how at the one pole, these corporations concentrate income, property and power in the United States, China, and in a handful of intellectual monopolies, particularly from digital and pharmaceutical industries, while at the other pole developing countries are left further behind. The book includes detailed empirical mappings of how intellectual monopolies develop and transform knowledge from universities and open-source collaborations into intangible assets. The result is a strategy that combines undermining the commons through privatization with harvesting from the same commons. The book ends with provoking reflections to tilt the scale against intellectual monopoly capitalism and arguing that desired changes require democratic mobilization of workers and citizens at large. This book represents one of the first attempts to capture the contours of an emerging new era where old perspectives lead us astray, and the old policy toolbox is hopelessly inadequate. This is true for the idea that the best, or only, way to promote innovation is to transform knowledge into private property. It is also true for anti-trust policies focusing exclusively on consumer prices. The formation of global infrastructures that lead to natural monopolies calls for public rather than private ownership. Scholars and professionals from the social sciences and humanities (in particular economics, sociology, political science, geography, educational science and science and technology studies) will enjoy a clear and all-embracing depiction of innovation dynamics in contemporary capitalism, with a particular focus on asymmetries between actors, regions and topics. In fact, its topical issue broadens the book’s scope to those curious about how innovation networks shape our world.

Reforming Infrastructure

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Reforming Infrastructure by : Ioannis Nicolaos Kessides

Download or read book Reforming Infrastructure written by Ioannis Nicolaos Kessides and published by World Bank Publications. This book was released on 2004 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, natural gas, telecommunications, railways, and water supply, are often vertically and horizontally integrated state monopolies. This results in weak services, especially in developing and transition economies, and for poor people. Common problems include low productivity, high costs, bad quality, insufficient revenue, and investment shortfalls. Many countries over the past two decades have restructured, privatized and regulated their infrastructure. This report identifies the challenges involved in this massive policy redirection. It also assesses the outcomes of these changes, as well as their distributional consequences for poor households and other disadvantaged groups. It recommends directions for future reforms and research to improve infrastructure performance, identifying pricing policies that strike a balance between economic efficiency and social equity, suggesting rules governing access to bottleneck infrastructure facilities, and proposing ways to increase poor people's access to these crucial services.

The Triple Helix

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Publisher : Routledge
ISBN 13 : 1135925283
Total Pages : 177 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis The Triple Helix by : Henry Etzkowitz

Download or read book The Triple Helix written by Henry Etzkowitz and published by Routledge. This book was released on 2008-02-05 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Triple Helix of university-industry-government interactions is the key to innovation in increasingly knowledge-based societies. As the creation, dissemination, and utilization of knowledge moves from the periphery to the center of industrial production and governance, the concept of innovation, in product and process, is itself being transformed. In its place is a new sense of 'innovation in innovation' - the restructuring and enhancement of the organizational arrangements and incentives that foster innovation. This triple helix intersection of relatively independent institutional spheres generates hybrid organizations such as technology transfer offices in universities, firms, and government research labs and business and financial support institutions such as angel networks and venture capital for new technology-based firms that are increasingly developing around the world. The Triple Helix describes this new innovation model and assists students, researchers, and policymakers in addressing such questions as: How do we enhance the role of universities in regional economic and social development? How can governments, at all levels, encourage citizens to take an active role in promoting innovation in innovation and, conversely, how can citizens so encourage their governments? How can firms collaborate with each other and with universities and government to become more innovative? What are the key elements and challenges to reaching these goals?

A Guide to Innovative Public-Private Partnerships

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Publisher : Government Institutes
ISBN 13 : 1605907464
Total Pages : 443 pages
Book Rating : 4.6/5 (59 download)

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Book Synopsis A Guide to Innovative Public-Private Partnerships by : Thomas A. Cellucci

Download or read book A Guide to Innovative Public-Private Partnerships written by Thomas A. Cellucci and published by Government Institutes. This book was released on 2011-03-16 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Congress is expected to announce that new practices are to be adopted across the federal sector which will incite new and innovative partnerships between the public and private sectors. In A Guide to Innovative Public Private Partnerships: Utilizing the Resources of the Private Sector for the Public Good author Thomas A. Cellucci introduces these new procedures and how both private entrepreneurs and government managers can use them most effectively. This book enables organizations in both the private and public sectors to develop and execute efficient and effective business partnerships. Detailed requirements and market potentials are developed which would help entice the private sector to use its own resources to develop products and services without delay and at minimal cost to taxpayers. The book starts from basic principle of partnerships, develops the concept of commercialization-based public-private partnerships, and provides templates, potential marketing tools, and real-world examples to prove the effectiveness of this shift in how government will work in the future. This is a 'must read' for anyone interested in doing business with the government as well as government leaders who are being forced to trim budgets and show genuine value in their agencies.

Privatization

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Publisher : World Bank Publications
ISBN 13 : 9780821321812
Total Pages : 100 pages
Book Rating : 4.3/5 (218 download)

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Book Synopsis Privatization by : John R. Nellis

Download or read book Privatization written by John R. Nellis and published by World Bank Publications. This book was released on 1992-01-01 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Governance, as defined by the World Bank in its 1992 report, Governance and Development, is the manner in which power is exercised in the management of a country's economic and social resources for development. The report deemed it is within the Bank's mandate to focus on the following: -the process by which authority is exercised in the management of a country's economic and social resources -the capacity of governments to design, formulate, and implement policies and discharge functions. Also available: Governance: The World Bank's Experience (ISBN 0-8213-2804-2) Stock No. 12804.

Public Purpose

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Publisher : MIT Press
ISBN 13 : 1946511706
Total Pages : 176 pages
Book Rating : 4.9/5 (465 download)

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Book Synopsis Public Purpose by : Mariana Mazzucato

Download or read book Public Purpose written by Mariana Mazzucato and published by MIT Press. This book was released on 2021-10-26 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: How governments can spur growth and innovation to solve their greatest challenges—from green energy to national security to building resilient health systems. Known around the world for challenging mainstream economics, economist Mariana Mazzucato believes that “the public sector can and should be a co-creator of wealth that actively steers growth to meet its goals” (The Financial Times). In The Mission-Driven Economy, she calls on governments to create the economies we need today. Mazzucato’s challenge leads off a debate on the revival of Industrial policy—roughly defined as deliberate government action to re(shape) the economy. Industrial policy has fallen out of favor in recent decades as economists defer to free markets to produce innovation and growth. Yet today thinkers across the political spectrum have begun expressing new interest in industrial policy as a way to address the most serious problems of our times: from national security and climate change, to the market’s underfunding of public goods, to sluggish economic growth and labor market dysfunction. Together, contributors make a compelling case for industrial policy—what it is, and why we need it now. Addressing investment, innovation, supply chains, and growth, they offer a robust vision of a renewed industrial policy, and what it can offer the US economy in the face of climate change and a global pandemic.

Privatization and innovation in the pharmaceutical industry in a post-socialist economy

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Author :
Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.:/5 (881 download)

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Book Synopsis Privatization and innovation in the pharmaceutical industry in a post-socialist economy by : Katalin György

Download or read book Privatization and innovation in the pharmaceutical industry in a post-socialist economy written by Katalin György and published by . This book was released on 1993 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Privatization of Space Exploration

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Author :
Publisher : Transaction Publishers
ISBN 13 : 1412812305
Total Pages : 135 pages
Book Rating : 4.4/5 (128 download)

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Book Synopsis The Privatization of Space Exploration by : Lewis D. Solomon

Download or read book The Privatization of Space Exploration written by Lewis D. Solomon and published by Transaction Publishers. This book was released on 2011-12-31 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: Space was at the center of America’s imagination in the 1960s. President John F. Kennedy’s visionary statement captured the mood of the day: "We choose to go to the moon in this decade and do the other things, not because they are easy, but because they are hard." The Apollo mission’s success in July 1969 made almost anything seem possible, but the Cold War made space flight the province of governmental agencies in the United States. When the Apollo program ended in 1972, space lost its hold on the public interest, as the great achievements wound down. Entrepreneurs are beginning to pick up the slack—looking for safer, more reliable, and more cost effective ways of exploring space. Entrepreneurial activity may make create a renaissance in human spaceflight. The private sector can energize the quest for space exploration and shape the race for the final frontier. Space entrepreneurs and private sector firms are making significant innovations in space travel. They have plans for future tourism in space and safer shuttles. Solomon details current US and international laws dealing with space use, settlement, and exploration, and offers policy recommendations to facilitate privatization. As private enterprise takes hold, it threatens to change the space landscape forever. Individuals are designing spacecraft, start-up companies are testing prototypes, and reservations are being taken for suborbital space flights. With for-profit enterprises carving out a new realm, it is entirely possible that space will one day be a sea of hotels and/or a repository of resources for big business. It is important that regulations are in place for this eventuality. These new developments have great importance, huge implications, and urgency for everyone.

Does Post-privatization Risk Taking Translate Into More Innovation?

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Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (128 download)

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Book Synopsis Does Post-privatization Risk Taking Translate Into More Innovation? by : Axar Patel

Download or read book Does Post-privatization Risk Taking Translate Into More Innovation? written by Axar Patel and published by . This book was released on 2021 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: