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Meet the 2019 Schumpeter Lecturer – Mariana Mazzucato

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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:

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 find out more about Mariana, her work and the Institute for Innovation & Public Purpose, be sure to visit be sure to visit her institute website and follow her on Twitter (@MazzucatoM).

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:

SME Assembly 2018 – Day 1

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The SME Assembly 2018 is officially open! Yesterday on 19 November 2018, this year’s Assembly, taking place in Graz, Austria got started with the highly anticipated business tours and the Mind the Bridge SME Matchmaking session.

Several Austrian enterprises opened their doors to the SME Assembly 2018 delegates, and welcomed them to learn about their processes, manufacturing, research, history and the products that they create. We would like to thank A&R Carton, Sappi, UP TO ELEVEN, XAL, Brauunion, Spitzer Dach, SUNNYBAG GmbH and the WKO Steiermark Talentcenter for participating in the tours and for letting the delegates experience their business environments.

During the business tours, some specially invited SMEs were given the chance to attend an exclusive matchmaking session run by Mind the Bridge. Chairman of Mind the Bridge, Alberto Onetti presented their work and the importance of creating links between SMEs, start-ups, scale-ups and existing corporations. Through these bridges, SMEs are able to progress faster and corporates can benefit from fresh ideas and impart their experience on new market entrants.

Day 1 continued into the evening with two spectacular events, the European SME Week Reception and the Schumpeter Lecture. The evening kicked off with the European SME Week Reception, which took place at the Old University of Graz. The Reception opened with speeches from Austrian dignitaries and was followed by traditional accordion music.

Later on in the evening the Schumpeter Lecture, the VIP event of the SME Assembly, took place at the Kunsthaus. The evening began with opening remarks from André Meyer from DG GROWTH, Deputy Director General for DG GROWTH Irmfried Schwimann and Dr. Margarete Schramböck, who spoke of the unique strength of Austria with its SME dominant culture, and the ever growing presence of and continued need for female entrepreneurs. After these remarks, this year’s lecturer Professor Bronwyn H. Hall opened the third Schumpter Innovation in Enterprise lecture, which centred on tax policy for innovation, including considerations for policy makers and SME actors.

Watch the Schumpeter Innovation in Enterprise Lecture:

What a great start to the SME Assembly 2018, but that was just the beginning! Be sure to follow us on Twitter @EEPA_EU for all the live coverage of the SME Assembly and we look forward to bringing you all the latest from the Helmut List Halle, this year’s venue here in Graz.

Don’t forget to have a look at all of the photos from the SME Assembly 2018 here on Flickr.

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