The SME Assembly 2019 is getting closer and it is time to meet this year’s Schumpeter Lecturer, Mariana Mazzucato! Read on to find out who she is and about her extensive work around entrepreneurship.
Who is Mariana Mazzucato?
Mariana Mazzucato  (PhD) is Professor in the Economics of Innovation and Public Value at University College London (UCL), where she is Founding Director of the UCL Institute for Innovation & Public Purpose  (IIPP). IIPP is dedicated to rethinking the role of public policy in shaping both the rate of economic growth and its direction—and training the next generation of global leaders to build partnerships that can address mission-oriented societal goals.
She is winner of the 2014 New Statesman SPERI Prize in Political Economy, the 2015 Hans-Matthöfer-Preis, the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought and the 2019 All European Academies Madame de Staël Prize for Cultural Values. She was named as one of the ‘3 most important thinkers about innovation‘ by the New Republic, and is on The Bloomberg 50 list of ‘Ones to Watch’ for 2019. As part of her work, she advises policy makers around the world on innovation-led inclusive and sustainable growth including in her role as Special Advisor for Carlos Moedas, the current Commissioner for Research, Science and Innovation.
Mariana Mazzucato – The author
In addition to a prize-winning thinker on innovation, Mariana is also the author of two acclaimed books:
- The Entrepreneurial State: debunking public vs. private sector myths  (2013)
- The Value of Everything: making and taking in the global economy  (2018)
Her second book from 2018, which brings value theory back to the center of economics in order to reward value creation over value extraction was a 2018 Strategy & Business Book of the Year and was shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year prize.
This year’s Schumpeter lecturer is not only inspiring but very accomplished, which made us wonder, where does she draw inspiration from? What influences Mariana Mazzucato’s thinking? We asked her what her favourite book was and why to which she answered:
“My favourite book is ‘The Little Prince’ by Antoine de Saint-Exupéry. I love this quote in the book: ‘If you want to build a ship, don’t drum up people to collect wood and don’t assign them tasks and work, but rather teach them to long for the endless immensity of the sea,’ because it perfectly sums up how I feel about missions (where multiple state and private sector actors collaborate to achieve a shared mission) and the importance of mission-oriented innovation policy as the means to tackle societal challenges, which is the focus of my work at the Institute that I founded at UCL.”
To follow her Schumpeter Lecture on Day 1 of the SME Assembly 2019 on 25 November, make sure you are following @EEPA_EU  & #SMEAssembly2019  on Twitter for live coverage and that you have subscribed to @PromotingEnterprise  on YouTube to be notified when her lecture is available online.
Watch Mariana Mazzucato’s Schumpeter Lecture here: