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.

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