Mariana Mazzucato: Government -- investor, risk-taker, innovator

The video discusses the role of innovation in economic growth, focusing on the differences between market-driven and state-driven models. It highlights the significant contributions of the public sector in funding revolutionary technologies like the Internet and GPS. The speaker argues for a reevaluation of the state's role as a market shaper rather than just a market fixer, suggesting that public-private partnerships could be more dynamic if the state's contributions were better recognized. The video also touches on the pharmaceutical industry and the need for a more direct return mechanism for state investments.

What examples does the speaker provide to illustrate government funding in innovation?

What implications does the speaker suggest arise from the juxtaposition of market versus state?

What does the speaker propose as a potential return-generating mechanism for the state?

In what ways does the speaker believe the next industrial revolution could be different?