Welcome, I’m an economist with an interest in the relationship between innovation and growth, and economic policies that can ensure that economic growth is not only 'smart' but also inclusive and sustainable. My work on finance and innovation argues that financial markets must be reformed to support productive investments and innovation: creative destruction not destructive creation.
A key aspect of my recent work has been theorising the role of the State in the dynamics of economic growth--and using these insights to influence industrial strategy and growth policy in the UK and abroad. In the Entrepreneurial State I argue that key periods of innovation led growth have witnessed the State as market 'creator' and market 'shaper' not simply market 'fixer'.
I am currently R.M. Phillips Professor in Science and Technology Policy (SPRU
department) at the University of Sussex
(UK) and Visiting Professor in the Economics of Innovation at the Open University
(UK). I was recently Scientific Coordinator of a 3 year European Commission funded
FP7 project on Finance, Innovation and Growth (FINNOV
, 2009-2012), and I am currently working on two new research projects, one funded by the Ford Foundation
, and the other by the Institute for New Economic Thinking