Nesta and IIPP jointly launch new work on rethinking public value
5 June 2019
Nesta and the UCL Institute for Innovation and Public Purpose (IIPP) rethink the creation and evaluation of public value at a collaborative event.
Nesta and IIPP hosted an event at Nesta’s headquarters in London to launch new papers which explore and rethink public value in the 21st century. The event was chaired by Jonathan Breckon, the head of Nesta’s Alliance for Useful Evidence. Presenting to a full-house, IIPP Director Mariana Mazzucato and Nesta Chief Executive Geoff Mulgan spoke about how we have created and measured public value in the past, and why we need to rethink this approach in order to tackle the biggest societal challenges of our time. They were then followed by a discussion with Breckon and Josh Ryan-Collins, IIPP’s Head of Research.
Mulgan opened the afternoon event with a summary of the complexities of measuring public value, drawing from Nesta’s paper Public Value: How can it be measured, managed and grown? The Nesta report looked at how we can accurately map and measure the value of bicycle lanes or museums, our mental wellbeing or even fresh air and how we incorporate collective value creation into government tools and policies.
If you want to learn more about rethinking public value, you can read the recently launched IIPP papers and Nesta report below:
- Read our latest policy brief, Getting serious about public value written by Mariana Mazzucato and Rainer Kattel
- Read our later working paper, Putting value creation back into 'public value': From market-fixing to market-shaping by Mariana Mazzucato and Josh Ryan-Collins
- Learn about the IIPP MPA programme on Innovation, Public Policy and Public Value
- Read Nesta’s report, Public Value: How can it be measured, managed and grown?