bAward-winning economist Mariana Mazzucato's famously incisive international bestseller debunking the pervasive myth of the inept state versus an innovative private sector--with a new preface by the authorb pAccording to conventional wisdom, innovation is best left to the bold entrepreneurs of the private sector, and government should get out of the way. But what if that wasn't case What if, from the inventions of Silicon Valley to medical breakthroughs, the public sector has actually been the most courageous and valuable risk-taker of all pCritically acclaimed and influential thinker and scholar Mariana Mazzucato argues comprehensively against the myth of a lumbering, bureaucratic state versus a dynamic, innovative private sector with remarkable original and deep research. In a series of case studies--from nanotechnology to the emerging green tech of today--Mazzucato reveals that the opposite is true the private sector only finds the courage to invest after an entrepreneurial state ha