LEADER 03506nam 2200577 450 001 9910796904503321 005 20170822122749.0 010 $a1-78348-496-9 035 $a(CKB)3710000000374116 035 $a(EBL)1987428 035 $a(OCoLC)905221120 035 $a(SSID)ssj0001494923 035 $a(PQKBManifestationID)11842958 035 $a(PQKBTitleCode)TC0001494923 035 $a(PQKBWorkID)11449088 035 $a(PQKB)10278512 035 $a(MiAaPQ)EBC1987428 035 $a(EXLCZ)993710000000374116 100 $a20150328h20152015 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aMission-oriented finance for innovation $enew ideas for investment-led growth /$fedited by Mariana Mazzucato and Caetano C. R. Penna 210 1$aLondon, [England] ;$aNew York, New York :$cPolicy Network,$d2015. 210 4$dİ2015 215 $a1 online resource (175 p.) 300 $aDescription based upon print version of record. 311 $a1-336-19676-9 311 $a1-78348-495-0 327 $a""Contents""; ""Acknowledgements""; ""About the Contributors""; ""Introduction""; ""Part I: How Economists Got It Wrong a??? An Alternative Diagnosis""; ""Fast Finance and Slow Growth""; ""The Social Value of Finance: Problems and Solutions""; ""How Maximising Shareholder Value Stops Innovation""; ""Dispelling Myths about Government Deficits""; ""Part II: What Governments Need to Do to Create Real Long-Term Growth""; ""Steering Economies Towards the Next Golden Age""; ""Why We Need Public Endowmentsa??? for Transformative Research"" 327 $a""Six Decades of Mission-Oriented Finance for Industrialisation, Technical Change and Innovation in Brazil""""Challenges and Opportunities for a Knowledge-Based UK Economy""; ""Why a Fundamental Shift in Innovation Policy Is Needed""; ""Part III: Learning from Success and Failure""; ""Development, Uncertainty and the Role of State Investment Banks""; ""Financing Energy Innovation: The Case of ARPA-E""; ""The Rise of the State Investment Banks""; ""The European Investment Bank: Supporting Innovation in Europe""; ""The State as Venture Capitalist: The Case of the Danish Growth Fund"" 327 $a""Financing Innovation: Lessons from Innovate UK""""Conclusion"" 330 $aThe role of the state in modern capitalism has gone beyond fixing market failures. Those regions and countries that have succeeded in achieving 'smart' innovation-led growth have benefited from long-term visionary 'mission-oriented' policies - from putting a man on the moon to tackling societal challenges such as climate change and the wellbeing of an ageing population. This book collects the experience of different types of mission-oriented public institutions around the world, together with thought-provoking chapters from leading economists. As the global debate on deficits and debt levels c 606 $aVenture capital 606 $aTechnological innovations$xFinance 606 $aSustainable development$xFinance 615 0$aVenture capital. 615 0$aTechnological innovations$xFinance. 615 0$aSustainable development$xFinance. 676 $a332.152 702 $aMazzucato$b Mariana 702 $aPenna$b Caetano C. R. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910796904503321 996 $aMission-oriented finance for innovation$93735711 997 $aUNINA