Customer Quote by Mariana Mazzucato
“Most venture capital funds are too short-termist and exit-driven to deal with the highly uncertain and lengthy innovation process.”
About This Quote
Source Book: The Entrepreneurial State, 2018
Venture capital's short-term focus conflicts with the long, uncertain timeline needed for deep innovation.
In simple terms: VC often seeks quick exits, hindering deep innovation.
Key Takeaway
Align funding with long-term innovation goals.
Themes
finance
innovation
venture capital
time horizon
policy
Mood
analytical
concerned
strategic
Type
economic
policy
When to use this quote
- startup funding
- government grants
- R&D projects
- long-term planning
Key Concepts
Economic theory
innovation ecosystems
risk management
Questions to Reflect On
- How can investors be incentivized for patience?
- What policies support sustained innovation?
A Different Perspective
Long-term innovation requires patient capital, which is scarce in current VC models.
![“The average college graduate's proficient literacy in English [the ability to read lengthy, complex texts and draw complicated inferences] has declined from 40 percent in 1992 to 31 percent ten years later.” quote by Charles Colson](https://sms4smile.com/quotes/img-quotes/abf/charles-colson-7127_ability_the-average-college-graduate-s-proficien_246756.jpg)
