30 Facts About Mariana Mazzucato

Mariana Mazzucato is a professor in the Economics of Innovation and Public Value at University College London and founding director of the UCL Institute for Innovation and Public Purpose.

Mariana Mazzucato is best known for her work on dynamics of technological change, the role of the public sector in innovation, and the concept of value in economics.

Mariana Mazzucato's career has emphasised translating economic ideas into policy and she holds numerous high-level policy roles.

Mariana Mazzucato is currently a member of the UNESCO High Level Expert Group on Ecosystem Level AI Governance, and member of the WEF Centre for the New Economy and Society Advisory Board.

Mariana Mazzucato was appointed member of the Presidential Economic Advisory Council of South Africa by President Cyril Ramaphosa in 2019.

In 2021, in recognition of her contributions to economic theory and policy, Mariana Mazzucato received the Grande Ufficiale Ordine al Merito della Repubblica Italiana from the Italian President, Italy's highest civilian honour.

Mariana Mazzucato spent most of her early life in the US before returning to Europe.

Mariana Mazzucato's dissertation was titled Four Essays on Evolutionary Market Share Dynamics: A Computational Approach.

Mariana Mazzucato is currently Professor of Economics of Innovation and Public Value at University College London, where she founded the UCL Institute for Innovation and Public Purpose in 2017 to "explore how the public, private and third sector can work together in new and dynamic ways to drive innovation in order to tackle societal and technological challenges and shape and create new markets", building on Mariana Mazzucato's work on The Entrepreneurial State.

Mariana Mazzucato's career began in 1995 as an adjunct professor of economics at New York University until 1997.

Mariana Mazzucato taught at the University of Denver between 1997 and 1999.

Mariana Mazzucato joined The Open University in 1999 as a lecturer and became a full professor in 2005, where she founded their Innovation, Knowledge and Development research centre.

Mariana Mazzucato has been active in advising governments on innovation, industrial strategy and growth policies.

In 2019, South African President Cyril Ramaphosa appointed Mariana Mazzucato to be a member of his Economic Advisory Council, a position where she remains active in providing recommendations for building sustainable and inclusive development.

Since 2020, Mariana Mazzucato has been a member of the Innovation Expert Group at the United Kingdom Department of Business, Energy and Industrial Strategy and a member international advisory panel of Vinnova, Sweden's innovation agency.

Mariana Mazzucato is currently a member of the Council of Economic Advisors to the Scottish Government, a role she has held since 2015.

Mariana Mazzucato worked closely with the Scottish Government and First Minister in establishing the Scottish National Investment Bank in 2018.

From 2017 to 2021, Mariana Mazzucato sat on the United Nations Sustainable Development Solutions Network Leadership Council.

Mariana Mazzucato was a member of the European Commission's Task Force on Public Sector Innovation and their expert group on Innovation for Growth.

Mariana Mazzucato served on the United Nation's High-Level Advisory Board on Economic and Social Affairs, the OECD High-Level Advisory Panel on Climate and Economic, the United Nation's Sustainable Development Solutions Network Leadership Council, the United Nation's Committee for Development Policy and the Commission for Universal Health convened by Chatham House.

Mariana Mazzucato's research has addressed the relationship between innovation, government policy, financial markets and economic growth, spanning the company, industry and national level.

In 2013, Mariana Mazzucato published her most famous work, The Entrepreneurial State.

Mariana Mazzucato argues in the book that public funds are laying the groundwork for the green revolution in a similar way to biotech and nanotech.

Recent research of Mariana Mazzucato has highlighted the heterogeneity in the type of corporate finance offered by different institutional actors and the failure of private actors to provide sufficient "patient finance" that takes long term risk in areas such as renewable energy.

In 2018, Mariana Mazzucato published a second major book, The Value of Everything: making and taking in the global economy, which addressed the fundamental concept of value in economic theory.

Mariana Mazzucato has developed a critique of market failure theory and argued for a concept that better captures the value that the state can create.

Mariana Mazzucato is married to Carlo Cresto-Dina, an Italian film producer, and they have four children.

Mariana Mazzucato writes op-eds for various national newspapers, including The Guardian, Financial Times, and The New York Times, and is a regular contributor to Project Syndicate.

Mariana Mazzucato frequently appears on news and current affairs programmes and delivers keynote talks at conferences.

Mariana Mazzucato has appeared on the left wing media network Novara media.