Image copyright (c) Mariana Mazzucato

CV

Professor Mariana F. Mazzucato

www.marianamazzucato.com


HIGHER EDUCATION

1997 PhD. Economics, New School for Social Research, NY
1994 Masters in Economics, New School for Social Research, NY
1990 Bachelor of Arts, History/International Relations, Tufts University, Boston


ACADEMIC APPOINTMENTS

2011- present RM Phillips Professor in Science and Technology Policy, University of Sussex
2008-2010 Visiting Professor, Bocconi University, Milan, Italy. 
2005-2011 Professor of Economics (Chair in Economics of Innovation), The Open University
2003-2004 Senior Lecturer, Economics, The Open University
1999-2002 Lecturer, Economics, The Open University
1998-1999 Post-Doctoral Marie Curie Research Fellow, London Business School, UK
1997-1999 Assistant Professor (tenure track), Economics, University of Denver, CO
1995-1997 Adjunct Professor, Economics, New York University, NY


RESEARCH MANAGEMENT

2010-2012 Economics Director, ESRC Centre for Social and Economic Research on Innovation in Genomics (INNOGEN),www.genomicsnetwork.ac.uk/innogen
2009-2012 Coordinator of European Commission FP7 Collaborative Project on Finance, Innovation and Growth (FINNOV), www.finnov-fp7.eu
2004-2011 Founder and Director (until 2009), and current Deputy Director, Innovation, Knowledge and Development (IKD), inter-faculty research centre, The Open University, www.open.ac.uk/ikd
2004-2008 Director of Research, Department of Economics, The Open University.
PUBLICATIONS

  Books
Mazzucato, M. (2011), The Entrepreneurial State, Demos, London, UK. ISBN 978-1-906693-73-2, 149 pages.

Mazzucato, M. and Dosi, G. (Eds, 2006), Knowledge Accumulation and Industry Evolution: Pharma-Biotech, Cambridge University Press, Cambridge, UK. ISBN 0-521-85822-4, 446 pages.

Mazzucato, M. (2000), Firm Size, Innovation and Market Structure: The Evolution of Market Concentration and Instability, Edward Elgar, Northampton, MA, USA. ISBN 1-84064-346-3. 138 pages.

Mazzucato, M., Lowe, J., Shipman, A. and Trigg, A. (2010), Personal Investment: Financial Planning in an Uncertain World, Palgrave Macmillan, Basingstoke, UK. ISBN 978-0-230-24660-7, 448 pages. 

Mazzucato, M. (Ed, 2002), Strategy for Business, A Reader, Sage Publications, London, UK. ISBN 0-7619-7413-X, 378 pages.

  Refereed Journal Articles 
Mazzucato, M. and Tancioni, M. (2012), “R&D, Patents and Stock Return Volatility,”Journal of Evolutionary Economics, Vol. 22 (4):811-832.

Demirel, P. and Mazzucato, M. (2012), “Innovation and Firm Growth: Is R&D Worth It?”Industry and Innovation, Vol. 19, (2).

Demirel, P. and Mazzucato, M. (2010), “The Evolution of Firm Growth Dynamics in the US Pharmaceutical Industry”, Regional Studies, Vol. 44 (8), pp.1053-1066.

Mazzucato, M. and Tancioni, M. (2008), “Idiosyncratic Risk and Innovation: A Firm and Industry Level Analysis,” Industrial and Corporate Change, Vol. 17 (4), pp.779-811.

Mazzucato, M (2006), “Innovation and Stock Prices,” Revue de L’Observatoire Français de Conjonctures Economiques,” June 2006, Special Issue on Industrial Dynamics, Productivity and Growth.

Mazzucato, M. and Tancioni, M. (2005),”Indices that Capture Creative Destruction: Questions and Implications,” Revue d’Economie Industrielle. 110 (2nd tr.), pp.199-218.

Mazzucato, M. (2003), “Risk, Variety and Volatility: Innovation, Growth and Stock Prices in Old and New Industries,” Journal of Evolutionary Economics, Vol. 13 (5), pp.491-512.

Geroski, P. and Mazzucato, M. (2002), “Learning and the Sources of Corporate Growth,” Industrial and Corporate Change, Vol. 11 (4), pp.623-644. 

Mazzucato, M. (2002), “The PC Industry: New Economy or Early Life-Cycle,” Review of Economic Dynamics, Vol. 5 (2), pp.318-345.

Geroski, P. and Mazzucato, M. (2002), “Myopic Selection and the Learning Curve,”Metroeconomica, Vol. 53 (2), pp.181-199.  

Mazzucato, M. and Semmler, W. (2002), “The Determinants of Stock Price Volatility: An Industry Study,” Nonlinear Dynamics, Psychology, and Life Sciences, Vol. 6 (2), pp.230-253.

Mazzucato, M. (2002), “Innovation, Organization and Economic Dynamics” (Review Article), Journal of Economic Behavior and Organization, Vol. 47 (3), pp.335-341.

Geroski, P. and Mazzucato, M. (2002), “Modelling the Dynamics of Industry Populations,” International Journal of Industrial Organization, Vol. 19 (7), pp.1003-1022. 

Mazzucato, M. (2000), “Firm Size, Innovation, and Market Share Instability: the Role of Negative Feedback and Idiosyncratic Events,” Advances in Complex Systems, Vol. 3 (1-4), pp.417-431. 

Mazzucato, M. and Semmler, W. (1999), “Stock Market Volatility and Market Share Instability during the US Automobile Industry Life-Cycle,” Journal of Evolutionary Economics, Vol. 9 (1), pp. 67-96.

Mazzucato, M. (1998), “A Computational Model of Economies of Scale and Market Share Instability,” Structural Change and Economic Dynamics, Vol. 9 (1), pp.55-83.


  Under review
Mazzucato, M. (2013), “Finance, Innovation and Growth,” submitted as Introduction to Special Issue of Industrial and Corporate Change, editor: M. Mazzucato.

Mazzucato, M. and Lazonick, W (2013), “Risks and rewards in the innovation-inequality relationship,” Industrial and Corporate Change, Submitted to Special Issue on Finance, Innovation, and Growth, editor: M. Mazzucato. 

Mazzucato, M. and Shipman, A. (2012), “Accounting for productive investment and value creation,” submitted to Industrial and Corporate Change on July 1, 2012.

Mazzucato, M. and Parris, S. (2012), “Heterogeneity, R&D and Growth: a quantile regression approach,” Revise and resubmit for Research Policy. 
The Entrepreneurial State, 2nd Edition (significantly revised), Anthem Press, forthcoming Jan 2013.

RECENT POLICY PAPERS

Mazzucato, M. (2012), "Rebalancing What? Reforming Finance for Value Creation", Policy Network, http://www.policy-network.net/publications/4201/Rebalancing-What-

Mazzucato, M. (2012), "Finance and Innovation: Reforming a Dysfunctional System", FINNOV Policy Brief 3, http://www.finnov-fp7.eu/sites/default/files/FINNOV%20Policy%20Brief%20Feb%201%202012.pdf

Mazzucato, M. (2011), “Innovation, Uncertainty and Bubbles”, FINNOV Policy Brief 2, http://www.finnov-fp7.eu/publications/finnov-policy-papers/finnov-second-policy-brief-dynamics-of-financial-bubbles

Mazzucato, M. and Lazonick, W. (2010), “The Limits of the 3% R&D Target in Europe 2010”, FINNOV, http://www.finnov-fp7.eu/publications/related-publications/finnovpositionpapermay2010

Mazzucato, M. (2010), “Do Financial Markets Reward Innovation?” FINNOV Policy Brief 1.


CURRENT RESEARCH GRANTS

Institute for New Economic Thinking, Finance and InnovationA Schumpeter-Minsky Synthesis, ($200,000), 2012-2014, with Randy Wray. 

Ford Foundation Reforming Global Finance initiative, Financial Markets and the Entrepreneurial State, ($200,000), 2012-2014. 

European Commission, PI, Coordinator of EC FP7 Collaborative Project, Finance, Innovation and Growth (FINNOV). 2009-2012, 1.5 million Euros. www.finnov-fp7.eu
TEACHING  

I teach undergraduate and graduate level courses in: industrial economics, microeconomics, business strategy, economics of growth and innovation, evolutionary economics, history of economic thought. 

University of Sussex, Brighton, UK, 2011-present
Bocconi University, Milan, Italy, 2006-2010 (Visiting Professor).
The Open University, Milton Keynes, UK, 2000-2011
University of Denver, Denver, USA, 1997-1999.  
New York University, New York, USA, 1995-1997. 
OTHER PROFESSIONAL ACTIVITIES

  Governing/Advisory Board Member
Advisory Board, The Academic-Industry Research Network (theAIRnet), USA (2010-Present)
Trustee, Green Alliance (2012-)

  Grant Referee
Economics and Social Research Council (ESRC), UK (2000-2009) 
United States National Science Foundation (NSF), USA (2001-2003) 
Panel member: ESRC Science and Technology Studies Panel (2008)

  Associate Editor
Journal, Economics, Information and Policy (2004-2010)

  Expert and Task Force Member
Member of EC High Level Economic Policy Expert Group Innovation for Growth (i4g), (2011)
Member of Northern Economic Futures Commission, UK (2011)
Member of New Economic Foundation Task force on New Jobs, 2012 
Member of DEMOS-Kings College Task Force on New Industrial Policy, 2012
 
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