Mariana Mazzucato Quotes

Government isn't that good at rapid advancement of technology. It tends to be better at funding basic research. To have things take off, you've got to have commercial companies do it.

Government can encourage innovation, but mainly by doing less, not doing more.

The Blair government perhaps ranks as the best the U.K. has had for 50 years. It cannot match the scale of Attlee's reforms, but has a fine record of constitutional reform and economic competence. In my own areas - science and innovation - there have been well-judged and effective changes.

Many of our advances in science and technology were seeded through government.

Not all research is going to be turned into some new innovation, but there are some things that can be and that haven't been, and I think the federal government has a proper role to play in doing that.

Literally every single sliver of technology that makes the iPhone a smartphone instead of a stupidphone - internet, GPS, touchscreen, battery, hard drive, voice recognition - was developed by researchers on the government payroll.

The Internet, like most successful American innovations, have not thrived because of heavy-handed government regulation.

True innovation takes at least 10 to 15 years, whereas the longest that private venture capitalists are routinely willing to wait is five years. They don't join the game until all the riskiest plays have already been made - by governments.

We should be investing where the public returns are greatest - that is in innovation.

How much further beyond basic research the role of the government should be, you could have a really good debate about it. Almost nobody would say it's zero. But that's where at least we need the private sector to play a big role.

Almost every great innovation was [created] by government.

Properly targeted public investment can do much to boost economic performance, generating aggregate demand quickly, fueling productivity growth by improving human capital, encouraging technological innovation, and spurring private-sector investment by increasing returns.

The spending in science and technology need to be to increased.

Private enterprise cannot rebuild the nation's infrastructure or keep our research institutions vibrant. Government must do what only it can do.

Google is a company whose very existence depends on innovation - on inventing things that are new and didn't exist before - and on refining existing ideas and technologies to allow consumers to do things they couldn't do before.

Great research universities around the world are visible not just through their quality graduates but as knowledge creators and technology developers.

Israel now has a reputation around the world of being not just a place to develop products and technology but to develop ideas.

We've been living with this myth that somehow government investment in research has not been critical to economic growth.

We will always work on technologies that are required in our market, which is India.

The way to solve problems in the world is to become scientists and technologists and build things that haven't been built before and discover things that people really don't know about.

I am honoured to be appointed as the first chief executive of UKRI. My ambition is to make UKRI the world's leading research and innovation public funding agency.

We are all enormously indebted to the National Science Foundation of the United States and the American public for steady support over close to 50 years.

David Sainsbury has been good for science and good for innovation in the U.K. He has been an outstanding science minister and shown extraordinary passion and commitment to his portfolio.

If we choose to ignore science and refuse to fund important scientific research, we voluntarily cede our place as a world leader in innovation.

R&D has been an obsession in Europe for many, many years. There is this magical number which many governments aspire to do, and that is to invest at least three percent of GDP in research and development. When you look at the number, it's a composite of private and public investment in R&D.