Mariana Mazzucato

Professor in the Economics of Innovation and Public Value

Advisor to world leaders on mission oriented innovation

Founding Director, Institute for Innovation and Public Purpose (IIPP), University College London (UCL)

Author of 3 best sellers: The Entrepreneurial State, The Value of Everything, and Mission Economy

Advisor to policymakers around the world on innovation-led inclusive and sustainable growth

Mariana Mazzucato (PhD), one of Top 5 Major Economists according to Forbes, holds the Chair in the Economics of Innovation and Public Value at University College London, and is Founder and Director of the UCL Institute for Innovation & Public Purpose. Mazzucato is one of the world’s most influential economists on a mission to save capitalism from itself.

In her newest book, Mission Economy: A Moonshot Guide to Changing Capitalism, Mazzucato delivers a hard-hitting critique of modern capitalism that to solve the massive crises facing us, the system has to be fundamentally restructured to make it inclusive, sustainable, and driven by innovation that tackles concrete problems from the digital divide, to health pandemics, and our polluted cities. She offers something both broad and scarce: a compelling new story about how to create a desirable future.

Professor Mazzucato advises policy makers around the world, including Denmark, the UK, Austria, South Africa and even the Vatican, where she is contributing to a post-COVID-19 policy council and creates solutions towards grand challenges from the battle against climate warming to building resilient health systems by focusing on the relationship between innovation and the direction of growth to ensure the process is more innovation-led, inclusive and sustainable.

She is an award-winning author of two more books. Her highly-acclaimed book, The Entrepreneurial State: Debunking Public vs. Private Sector Myths, investigates the critical role the state plays in driving growth — and her book The Value of Everything: Making and Taking in the Global Economy looks at how value creation needs to be rewarded over value extraction.

Mazzucato is winner of international prizes including the 2020 John von Neumann Award, the 2019 All European Academies Madame de Stael Prize for Cultural Values, and the 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She was named as one of the ‘3 most important thinkers about innovation‘ by The New Republic, one of the 50 most creative people in business in 2020 by Fast Company, and one of the 25 leaders shaping the future of capitalism by Wired.

Mariana most recently became a member of the Council on Foreign Relations (CRF). She is a Special Economic Advisor for the Italian Prime Minister (2020), and through her role as Special Advisor for the EC Commissioner for Research, Science and Innovation (2017-2019), Mazzucato authored the high impact report on Mission-Oriented Research & Innovation in the European Union, turning "missions" into a crucial new instrument in the European Commission’s Horizon innovation program. Her other roles include being Chair of the World Health Organization’s Council on the Economics of Health for All and a member of the Scottish Government’s Council of Economic Advisors; the South African President’s Economic Advisory Council; the OECD Secretary General’s Advisory Group on a New Growth Narrative; the UN’s Committee for Development Policy (CDP), Vinnova’s Advisory Panel in Sweden, and Norway’s Research Council.

Professor Mazzucato received her BA from Tufts University and her MA and PhD from the Graduate Faculty of the New School for Social Research. Her previous posts include the RM Phillips Professorial Chair at the Science Policy Research Unit (SPRU) at Sussex University. She is a selected fellow of the UK’s Academy of Social Sciences (FAcSS) and of the Italian National Science Academy (Lincei).

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