ORGANIZATION
Institute for Innovation and Public Purpose
The UCL research institute Mazzucato founded in 2017 — institutional home of the mission-oriented framework, the Algorithmic Rents research program, and the public-value approach to industrial strategy.
The Institute for Innovation and Public Purpose (IIPP) is the research organization Mariana Mazzucato founded at University College London in 2017. It serves as the institutional home of her analytical framework, conducting research on public-value innovation, mission-oriented policy, algorithmic rents, and the political economy of technological change. IIPP combines academic research with sustained policy engagement, training graduate students in public-value approaches to economics and producing policy papers that have shaped innovation strategy across Europe, Africa, Latin America, and Asia. Its signature research streams include the Algorithmic Rents research program with Tim O'Reilly and Ilan Strauss, the missions-oriented research framework that informed EU Horizon Europe, and ongoing work on public-value frameworks for AI governance.
In The You On AI Field Guide
IIPP represents an institutional response to a structural feature of academic economics: mainstream economics departments have systematically marginalized the analytical traditions — institutional economics, evolutionary economics, heterodox political economy — that Mazzucato's framework draws on.