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The Innovative State.

Authors :
Mazzucato, Mariana
Source :
Foreign Affairs. Jan/Feb2015, Vol. 94 Issue 1, p61-68. 8p. 1 Color Photograph.
Publication Year :
2015

Abstract

The article discusses the relationship between governments and the private sector, focusing on the need for governments to become more invested in creating markets for private sector technology companies to expand and flourish in. Other topics of the article include the history of government involvement in markets including housing, oil, and pharmaceuticals, information on how government investment in markets fosters private investment in those markets, thus increasing the total amount of money in the market, and the possible benefits of allowing the government to own equity in companies. It also discusses how government investment could spark the next technological revolution.

Details

Language :
English
ISSN :
00157120
Volume :
94
Issue :
1
Database :
Academic Search Index
Journal :
Foreign Affairs
Publication Type :
Periodical
Accession number :
99960184