UCL Institute for Innovation and Public Purpose



The Institute for Innovation and Public Purpose (IIPP) is the world’s leading hub to rethink the role of the public sector in co-creating value and shaping markets.

The Master of Public Administration (MPA): Innovation, Public Policy and Public Value programme is headed by IIPP Director and Founder, Mariana Mazzucato and IIPP Deputy Director Rainer Kattel.

Mariana is Professor in the Economics of Innovation and Public Value, and is Founder and Director of IIPP. Her award-winning book The Entrepreneurial State: Debunking public vs private sector myths was on the Financial Times2013 Books of the Year list. It focuses on the need to develop new frameworks to understand the role of the state in economic growth—and how to enable rewards from innovation to be just as ‘social’ as the risks taken. Her latest book The Value of Everything: Making and Taking in the Global Economywas published by Penguin (Allen Lane) in April 2018, and has been shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year. It studies the need for economic theory and policy to differentiate value creation from value extraction. The New Republic called her one of the most important thinkers on innovation.

Rainer is Deputy Director and Professor of Innovation and Public Governance at IIPP. He is a renowned expert on thinking about creativity within public administration. He is a co-author of Innovation Bureaucracies (with Wolfgang Drechsler and Erkki Karo; Yale, forthcoming in 2019) and is the co-editor of The Elgar Handbook of Alternative Theories of Economic Development (with Erik Reinert and Jayati Gosh; Elgar, 2016). In 2013, he received Estonia’s National Science Award for his work on innovation policy.

Other faculty for the MPA includes:

  • Mike Bracken, partner at Public Digital and was awarded a CBE in recognition of the digital transformation of public services. He was co-founder of the UK’s Government Digital Service that revolutionised the way governments view digital transformations as a citizen-centred process.
  • Francesca Bria, associate professor, researcher and senior adviser on technology and innovation policy. She is an adviser for the European Commission on Future Internet and Innovation Policy and the Commissioner of Digital Technology and Innovation for the City of Barcelona in Spain. She also leads the DECODE project on data sovereignty in Europe.
  • Hilary Cottam, innovator and social entrepreneur. She worked extensively around the world to address issues such as famine relief and urban poverty. As a Director of the UK’s Design Council she created the pioneering RED Unit which developed design led approaches to public service reform. She has recently published a book titled Radical Help: How we can remake the relationships between us and revolutionise the welfare state.
  • Dan Hill, leader of innovative, influential strategic design projects ranging across built environment (Arup in Australia, Future Cities Catapult in UK), education and research (Fabrica in Italy), government and social innovation (SITRA in Finland), and media (BBC and Monocle in UK).
  • Ian Hogarth, engineer, entrepreneur and founder of Songkick.com, the concert service. He is an angel investor in over 40 start-ups, many of which are applying machine learning to markets like agriculture, drug discovery and medical imaging. He is a co-author of the State of AI report which summarises progress in machine learning research and commercialisation.
  • Charles Leadbeater, leading thinker on the role of social movements for innovations and for missions in particular. Charles is author of Living on Thin Air: The New Economy and We-Think: Mass Innovation not Mass Production.
  • Carlota Perez, a world-leading scholar on the socio-economic impact of technical change and the historical context of growth and development. Carlota is the author of the influential Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages (Elgar 2002), which focuses on the role that finance plays in the diffusion of technological revolutions.
  • Josh Ryan-Collins, IIPP’s head of research, is co-author of Rethinking the Economics of Land and Housing—selected by the Financial Times’ economics editor Martin Wolf as one of his top summer reads of 2017. His new book, Why Can’t You Afford a Home has recently been published by Polity Books.
  • Finn Williams, the co-founder and chief executive officer of Public Practice, a social enterprise that is building the public sector’s capacity for proactive planning.

Our Rethinking Capitalism module also features guest academic lectures from world-leading economic thinkers, including Stephanie KeltonWilliam LazonickBranko MilanovicEric BeinhockerAndy Haldane and Dimitri Zenghelis.