The DOI matches its Crossref record; 37 of the 37 references it cites were found in a registry or an index.
From market fixing to market-creating: a new framework for innovation policy
Open accessAbstract
Many countries are pursuing innovation-led “smart” growth, which requires long-run strategic investments and public policies that aim to create and shape markets, rather than just “fixing” markets or systems. Market creation has characterized the kind of mission-oriented investments that led to putting a man on the moon and are currently galvanizing green innovation. Mission-oriented innovation has required public agencies to not only “de-risk” the private sector, but also to lead the direct creation of new technological opportunities and market landscapes. This paper considers four key issues that arise from a market-creating framework for policy: (1) decision-making on the direction of change; (2) the nature of (public and private) organizations that can welcome the underlying uncertainty and discovery process; (3) the evaluation of mission-oriented and market-creation policies; and (4) the ways in which both risks and rewards can be shared so that smart growth can also result in inclusive growth.
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Cites
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Cited by
Gabor, D. (2021) · Development and Change · doi:10.1111/dech.12645 · Cited by 709
Financing renewable energy: Who is financing what and why it matters
Mazzucato, M., & Semieniuk, G. (2018) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2017.05.021 · Cited by 687
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Closing the green finance gap – a systems perspective
Hafner, S., Jones, A., Anger-Kraavi, A., & Pohl, J. (2020) · Environmental Innovation and Societal Transitions · doi:10.1016/j.eist.2019.11.007 · Cited by 318
Metadata
- Authors
- Mazzucato, M.
- Venue
- Industry and Innovation
- Publisher
- Informa UK Limited
- Published
- 2016-02-17
- Volume
- 23
- Issue
- 2
- Pages
- 140-156
- ISSN
- 1366-2716 (ISSN-L)
- 1469-8390
- OpenAlex
- W2388878075
- Cited by
- 752
- References
- 37
- FWCI
- 88.34
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
