Chomsky gave examples of assembly lines, air travel, the internet... before the 90s?
> ... by not admitting the State’s role in active risk taking, we’ve created an “#InnovationSystem” where the public sector #SocializesRisks while #PrivatizingReward.. This.. book considers how we adopted this dysfunctional dynamic, and then how we can overcome it so that economic growth can be not only “smart” but “inclusive” as well.
https://www.penguinrandomhouse.com/books/740768/the-entrepreneurial-state-by-mariana-mazzucato/
#MarianaMazzucato #StateTech
#EntrepreneurialState
The Entrepreneurial State by Mariana Mazzucato: 9780593656938 | PenguinRandomHouse.com: Books

Award-winning economist Mariana Mazzucato’s famously incisive international bestseller debunking the pervasive myth of the inept state versus an innova...

PenguinRandomhouse.com

I like from this model that includes explicitly the financial organizations. However, I think that's a bit outdated since it does not consider societal and civil organizations (aka organized communities).

#innovationsystem #innovationpolicy #magzter

This result from #MIT is really interesting and should be included in innovation policies: how to promote innovation systems if multinational companies centralize their R&D in rich countries?

#innovation #innovationpolicy #researchpolicy #innovationsystem