Financing risky science does not make the State an entrepreneur

Main Article Content

Jason Potts


Business, Management


This article reviews ‘The Entrepreneurial State: Debunking public vs. private sector myths’ by Mariana Mazzucato


Download data is not yet available.
Abstract 534 | PDF Downloads 14


Davidson S, Potts J (2015) ‘Social costs of innovation policy’ RMIT Working paper.

Davidson, S., Spong, H. (2010) Positive externalities and R&D: Two conflicting traditions in economic theory. Review of Political Economy, 22 (3), 355–72.

Diamond, Jnr., A. (2006) The relative success of private funders and government funders in funding important science. European Journal of Law and Economics, 21, 149–61.

Dourado, E., Tabarrok, A., (2015) Public choice perspectives on intellectual property. Public Choice, 163(2): 129-51.

Foss, N. J., & Klein, P. G. (2012). Organizing entrepreneurial judgment: A new approach to the firm. Cambridge University Press: Cambridge.

Goolsbee, A. (1998) Does government R&D policy mainly benefit scientists and engineers? American Economic Review, 88(2), 298–302.

Greenberg, D. (2001) Science, Money and Politics: Political triumph and ethical erosion. University of Chicago Press: Chicago.

Hausmann R, Rodrik D (2003) ‘Economic development as self-discovery’

Kealey T (1996) The Economic Laws of Scientific Research. Macmillan: London.

Mazzucato M (2013) The Entrepreneurial State: Debunking public vs. private sector myths Anthem Press: London.

Mazzucato M (2014) ‘Building the entrepreneurial state: a new framework for envisaging and evaluating a mission oriented public sector.’ Levy institute working paper.

Orlowski A (2013) ‘How Britain could have invented the iPhone: and how the qangocracy cocked it up’

Shane, S. A. (2000). A general theory of entrepreneurship: The individual-opportunity nexus. Edward Elgar: Cheltenham.

Tullock G (1967) ‘The welfare costs or tariffs, monopolies, and theft’ Western Economic Journal, 5(3): 224-32.