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Condition
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Very GoodA book that does not look new and has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket (if applicable) included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See the seller’s listing for full details and description of any imperfections. See all condition definitionsopens in a new window or tab
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Seller Notes
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Binding
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Paperback
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Weight
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0 lbs
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Product Group
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Book
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IsTextBook
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No
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ISBN
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9780857282521
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Book Title
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Entrepreneurial State : Debunking the Public Vs. Private Myth in Risk and Innovation
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Book Series
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Anthem Other Canon Economics Ser.
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Publisher
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Anthem Press
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Item Length
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8.5 in
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Publication Year
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2013
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Format
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Trade Paperback
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Language
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English
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Illustrator
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Yes
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Item Height
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1 in
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Genre
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Political Science, Technology & Engineering, Business & Economics
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Topic
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Public Finance, General, Public Policy / Economic Policy, Government & Business
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Item Weight
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16 Oz
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Item Width
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5.5 in
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Number of Pages
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266 Pages
The Entrepreneurial State: Debunking Public vs. Private Sector Myths
About this product
Product Identifiers
Publisher
Anthem Press
ISBN-10
0857282522
ISBN-13
9780857282521
eBay Product ID (ePID)
143585247
Product Key Features
Book Title
Entrepreneurial State : Debunking the Public Vs. Private Myth in Risk and Innovation
Number of Pages
266 Pages
Language
English
Publication Year
2013
Topic
Public Finance, General, Public Policy / Economic Policy, Government & Business
Illustrator
Yes
Genre
Political Science, Technology & Engineering, Business & Economics
Book Series
Anthem Other Canon Economics Ser.
Format
Trade Paperback
Dimensions
Item Height
1 in
Item Weight
16 Oz
Item Length
8.5 in
Item Width
5.5 in
Additional Product Features
Intended Audience
Trade
TitleLeading
The
Dewey Edition
23
Reviews
‘In this trailblazing book on the role of government as both a risk-taking funder of innovation and a market creator, Mariana Mazzucato persuasively argues that the government is a key enabler of technological innovations that drive economic growth. […] This important book should be read by policymakers, opinion leaders, and others with a stake in funding economic growth.’ -‘ Arnold T. Davis, CFA Institute book review, ‘In this trailblazing book on the role of government as both a risk-taking funder of innovation and a market creator, Mariana Mazzucato persuasively argues that the government is a key enabler of technological innovations that drive economic growth. […] This important book should be read by policymakers, opinion leaders, and others with a stake in funding economic growth.’ –‘ Arnold T. Davis, CFA Institute book review, ‘Conventional economics offers abstract models; conventional wisdom insists that the answer lies with private entrepreneurship. In this brilliant book, Mariana Mazzucato […] argues that the former is useless and the latter incomplete.’ –Martin Wolf, ‘Financial Times’, ‘Conventional economics offers abstract models; conventional wisdom insists that the answer lies with private entrepreneurship. In this brilliant book, Mariana Mazzucato, a Sussex University professor of economics who specialises in science and technology, argues that the former is useless and the latter incomplete. Yes, innovation depends on bold entrepreneurship. But the entity that takes the boldest risks and achieves the biggest breakthroughs is not the private sector; it is the much-maligned state. […] This book has a controversial thesis. But it is basically right. The failure to recognise the role of the government in driving innovation may well be the greatest threat to rising prosperity.’ -Martin Wolf, ‘Financial Times’, ‘[P]rovides persuasive evidence that governments deserve more credit than private companies for the development of most important modern technologies.’ -Edward Hadas, ‘Reuters’, “[H]ands down the most refreshing treatment of the innovation issue to have emerged in a long time.” –“Science and Public Policy”, ‘[A] meticulously argued treatise that shows how unwise our conventional wisdom has become.’ –Christopher Dickey, ‘Newsweek’, ‘I am complete persuaded of what [“The Entrepreneurial State”] says about the state needing to lead more coachingly and dramatically. […] It’s a great book, everyone should go out and read it’ -Lord Adonis, ‘Ms. Mazzucato provides a refreshing new take on rather stale debates on the economic role of government. […] “The Entrepreneurial State” is a forceful reminder that governments have a major role to play in building a highly productive, innovative and sustainable economy.’ – Andrew Jackson, ‘Globe and Mail’, ‘It is one of the most incisive economic books in years.’ –Jeffery Madrick, ‘New York Review of Books’, ‘Makes and engaging, persuasive case in favor of the state, and suggests one recommend it not just as an instrument of market repair but also as a prerequisite for future prosperity.’ -J. Bhattacharya, ‘Choice’, ‘[A] skillful combination of the history of technology, empirical evidence, and policy analysis […] the book contains a critical reading of data and arguments that run counter to established views while never falling short of offering constructive solutions.’ –Davide Consoli, ‘Science’, ‘[A] skillful combination of the history of technology, empirical evidence, and policy analysis […] the book contains a critical reading of data and arguments that run counter to established views while never falling short of offering constructive solutions.’ -Davide Consoli, ‘Science’, ‘”The Entrepreneurial State: Debunking Public vs. Private Sector Myths” […] is a meticulously argued treatise that shows how unwise our conventional wisdom has become.’ –Christopher Dickey, ‘Newsweek’, ‘Makes and engaging, persuasive case in favor of the state, and suggests one recommend it not just as an instrument of market repair but also as a prerequisite for future prosperity.’ –J. Bhattacharya, ‘Choice’, ‘”The Entrepreneurial State: Debunking Public vs. Private Sector Myths” […] is a meticulously argued treatise that shows how unwise our conventional wisdom has become.’ -Christopher Dickey, ‘Newsweek’, ‘[P]rovides persuasive evidence that governments deserve more credit than private companies for the development of most important modern technologies.’ –Edward Hadas, ‘Reuters’, ‘Mazzucato argues that long-term, patient government funding is an absolute prerequisite for breakthrough innovation. […] Even if you disagree with Mazzucato’s argument, you should read her book. It will challenge your thinking.’ –Bruce Upbin, ‘Forbes’, ‘Mazzucato argues that long-term, patient government funding is an absolute prerequisite for breakthrough innovation. […] Even if you disagree with Mazzucato’s argument, you should read her book. It will challenge your thinking.’ -Bruce Upbin, ‘Forbes’
Series Volume Number
1
Dewey Decimal
338.9
Table Of Content
List of Tables and Figures; List of Acronyms; Acknowledgements; Introduction: Thinking Big Again; Chapter 1: From Crisis Ideology to the Division of Innovative Labour; Chapter 2: Technology, Innovation and Growth; Chapter 3: Risk-Taking State: From ‘De-risking’ to ‘Bring It On!’; Chapter 4: The US Entrepreneurial State; Chapter 5: The State behind the iPhone; Chapter 6: Pushing vs. Nudging the Green Industrial Revolution; Chapter 7: Wind and Solar Power: Government Success Stories and Technology in Crisis; Chapter 8: Risks and Rewards: From Rotten Apples to Symbiotic Ecosystems; Chapter 9: Socialization of Risk and Privatization of Rewards: Can the Entrepreneurial State Eat Its Cake Too?; Chapter 10: Conclusion; Appendix; Bibliography; Index
Synopsis
This book, which builds on the author’s work for a high-impact DEMOS report, debunks the myth of the state as a large bureaucratic organization that can at best facilitate the creative innovation which happens in the dynamic private sector. Analysing various case studies of innovation-led growth, in particular examples from Silicon Valley – from the Internet to the technologies behind the iPhone – it describes the opposite situation, whereby the private sector only finds the courage to invest after the entrepreneurial state has made the high-risk investments. It argues that in the history of modern capitalism – and today in what might soon become the ‘green’ revolution – the state has not only fixed market failures but also shaped and created markets, actively investing in new technologies and sectors that private investors only later find the courage to move into., Named one of the best books of 2013 by the ‘Financial Times’, ‘Huffington Post’ and ‘Forbes’, this debate-shifting book debunks the myth of the State as a static bureaucratic organization only needed to ‘fix’ market failures, leaving dynamic entrepreneurship and innovation to the private sector. Case studies ranging from the innovations that make the iPhone so ‘smart’ to the current developments in clean technology reveal the reality, whereby the private sector only invests after the entrepreneurial State has made the bold, high-risk investments., This bestseller from leading economist Mariana Mazzucato, named by the New Republic, as one of the ‘most important innovation thinkers’ today is stirring up much-needed debates worldwide about the role of the State in innovation. Debunking the myth of a laggard State at odds with a dynamic private sector, Mazzucato reveals in case study after case study that in fact the opposite situation is true, with the private sector only finding the courage to invest after the entrepreneurial State has made the high-risk investments. Case studies include examples of the State, role in the ‘green revolution’, in biotech and pharmaceuticals, as well as several detailed examples from Silicon Valley. In an intensely researched chapter, she reveals that every technology that makes the iPhone so “smart” was government funded: the Internet, GPS, its touch-screen display and the voice-activated Siri. Mazzucato also controversially argues that in the history of modern capitalism the State has not only fixed market failures, but has also shaped and created markets, paving the way for new technologies and sectors that the private sector only ventures into once the initial risk has been assumed. And yet by not admitting the State’s role we are socializing only the risks, while privatizing the rewards in fewer hands. This, she argues, hurts both future innovation and equity in modern-day capitalism. Named one of the ‘2013 Books of the Yea’ by the ‘Financial Times’ and recommended by ‘Forbes’ in its 2013 ‘creative leaders’ list, this book is a must-read for those interested in a refreshing and long-awaited take on the public vs. private sector debate., For more information please see the book website: www.entrepreneurialstate.anthempressblog.com This book debunks the myth of the State as a large bureaucratic organization that can at best facilitate the creative innovation which happens in the dynamic private sector. Analysing various case studies of innovation-led growth, it describes the opposite situation, whereby the private sector only becomes bold enough to invest after the courageous State has made the high-risk investments. The volume argues that in the history of modern capitalism, the State has generated economic activity that would not otherwise have happened, and has actively opened up new technologies and markets that private investors can later move into. Far from the often heard criticisms of the State potentially ‘crowding out’ private investments, the State makes them happen, shaping and creating markets, not only ‘fixing’ them. Ignoring this reality only serves ideological ends, and hurts effective policymaking. This book examines case studies ranging from the advent of the Internet to the emergence of the biotechnology and nanotechnology industries. In particular, the volume debunks the myth that Silicon Valley was created by entrepreneurial venture capital. A key chapter focuses on the State investments behind Apple’s success, and reveals that every major technology behind the iPhone owes its source to public funds. Thus, while entrepreneurial individuals like Steve Jobs are needed, their success is nearly impossible without their ability to ride the wave of State investments. And if Europe wants its own Googles, it needs more State action, not less. Two forward-looking chapters focus on the emergence of the next big thing after the internet: the ‘green revolution’. Both solar and wind technology are currently being led by State spending, whether through the US ARPA-E programme or the Chinese and Brazilian State investment banks. The discussion refreshingly moves beyond the usual division between proponents of austerity vs. the proponents of fiscal stimulus. It argues that State investments not only help kick-start growth during periods of recession, but that they also, even in boom periods, lead to productive investments in radical new technologies which later foster decades of growth. The book ends with a fundamental question: if the State is so important to investments in high-risk innovation, why does it capture so little direct return?
LC Classification Number
2013017536
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