Mariana Mazzucato

The video discusses the importance of innovation-driven long-term growth, emphasizing the need to integrate innovation with corporate governance and competition policy. It highlights the government's role as a key investor in innovation, shaping markets and taking risks. The discussion also addresses the imbalance in sharing risks and rewards, using Apple as an example of benefiting from government-funded technologies. The video calls for a more symbiotic ecosystem in innovation.

What is the key focus of long-term growth discussed in the video?

• Increasing industrial output

• Reducing corporate taxes

• Innovation-led development

• Short-term profit maximization

Why is it important to link innovation with corporate governance and competition policy?

• To ensure innovation remains isolated

• To enhance economic growth

• To reduce government intervention

• To increase market failures

What role has the government played in the innovation economy?

• Only fixing market failures

• Being a passive observer

• Actively creating and shaping markets

• Reducing innovation risks

What is the main concern regarding the sharing of risks and rewards in innovation?

• Imbalance in risk and reward sharing

• Government receives all the rewards

• Companies bear all the risks

• Innovation is not risky

Which company is mentioned as benefiting from government-funded investments?

• Google

• Microsoft

• Amazon

• Apple