The Entrepreneurial State, by Mariana Mazzucato

The Entrepreneurial State: Debunking Public vs. Private Sector Myths (2013)

Debunks the myth that only corporations can adequately innovate and showcases the enormous role that public-sector R&D has played in the creation of today's Big Tech firms. It aligns with my argument, and I would tell you plainly that parts of the empirical case have been contested. Read the critiques alongside it rather than around it.

Read it asking: States often take the early risks, but do not lay exclusive claim on the rewards, is that a mistake?