photo of Mariana Mazzucato

Prof Mariana Mazzucato

Post:Rm Phillips Professorship in the Economics of Innovation (SPRU - Science Policy Research Unit, School of Business, Management and Economics)

Telephone numbers
Internal:7943 or 8169
UK:01273 877943 or 01273 678169
International:+44 1273 877943 or +44 1273 678169

Research expertise:
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Mariana Mazzucato (PHD) has held the RM Phillips Chair in the Economics of Innovation at the Science Policy Research Unit (SPRU), in the School of Business, Management and Economics, since 2011. Before joining SPRU Mariana held academic positions at the University of Denver, London Business School, Open University and Bocconi University in Milan. Her research focuses on the relationship between financial markets, innovation, and economic growth - at the company, industry and national level. Between 2009-2012 she directed a large 3 year European Commission FP7 funded project on Finance and Innovation (FINNOV); her current project on Financing Innovation is funded by the Institute for New Economic Thinking (INET); and her project on Finance and Mission Oriented Investments is funded by the Ford Foundation's Reforming Global Financial Governance initiative. 

Alongside her work  in academia, Professor Mazzucato is also active in various advisory roles: she has advised the European Commission, the UK government and has recently been appointed to the Scottish government’s Council of Economic Advisors. She has been commissioner in the World Economic Forum since 2014.

Professor Mazzucato’s work on the political economy of innovation  and the role of the state in modern capitalism have put her on the map of key thinkers on economics and she received several prestigious awards recognising her work. She is winner of the New Statesman SPERI Prize in Political Economy and in 2013 the New Republic called her one of the '3 most important thinkers about innovation'.  Her book The Entrepreneurial State: debunking private vs. public sector myths (Anthem, 2013) was shortlisted for the prestigious Wirtschaftsbuchpreis in Germany and on the 2013 Books of the Year list of the Financial Times, and Forbes. The book focuses  on the need to develop new frameworks to understand the role of the state in economic growth and how to enable rewards from innovation to be just as ‘social’ as the risks taken.   

Professor Mazzucato’s research outputs, media engagement, and talks (including her TED Global talk), can be found on her website.


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Full C.V.



Mission-Oriented Finance for Innovation conference highlights film (inc. Vince Cable), July 2014

University of Sussex film about the impact of Prof. Mazzucato's work, 2014

Professorial Lecture - Risks and Rewards: rethinking value creation and value extraction, 3 May 2014

New Statesman SPERI Prize in Poiltical Economy - lecture, 13 November 2014



Research Projects

The Entrepreneurial State

Mission-Oriented Finance for Innovation Conference

Financing Innovation (INET)

Financing Innovation & Growth (FINNOV)

Inclusive Growth

Rethinking the State

Other Projects 


Media and Talks

Articles written by Prof. Mazzucato

Articles about Prof. Mazzucato's work


TV appearances

Radio appearances

Talks and Events



RM Phillips Professor in Economics of Innovation