Mariana Mazzucato Quotes

Mariana Mazzucato Quotes: I often use the iPhone as an example of how governments shape markets, because what makes the iPhone 'smart' and not stupid is what you can do with it. And yes, everything you can do with an iPhone was government-funded. From the Internet that allows you to surf the Web, to GPS that lets you use Google Maps, to touchscreen display and even the SIRI voice activated system - all of these things were funded by Uncle Sam through the Defense Advanced Research Projects Agency (DARPA), NASA, the Navy, and even the CIA.
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Mariana Mazzucato Quote: Once we admit that the public sector takes an immense amount of risk along the entire innovation chain, it becomes crucial to find ways to share both risks and rewards.
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