IIPP presents Doing Capitalism with The Entrepreneurial State

 

Is innovation best left to entrepreneurs?

Join us for the launch and discussion of the two new editions of Doing Capitalism by Bill Janeway, and The Entrepreneurial State by Mariana Mazzucato, that make the case for the role of the state in the innovation process and the danger of ignoring this.

The Entrepreneurial State demolishes the myth that innovation is best left to the private sector, revealing how, from tech to medicine, government investment has powered wealth creation. Ignoring this history, business has shared the risks, while privatising the rewards – increasing inequality and jeopardising future innovation.

Doing Capitalism narrates the dynamics of the innovation economy from the standpoint of a seasoned practitioner of venture capital. This new edition develops a theory that asset bubbles play a central role in financing technological innovation and that state investment in national goals enable the innovation process.