--- title: "Meaning & Key Takeaway of: It's important that public funds be spent…" description: "\"It's important that public funds be spent in research directions that are pushing market frontiers rather than working in existing areas. This means fu..." image: "https://sms4smile.com/quotes/i/ad9/mariana-mazzucato-16911_areas_it-s-important-that-public-funds-be-spen_287191.jpg" --- # It's important that public funds be spent in research… ![“It's important that public funds be spent in research directions that are pushing market frontiers rather than working in existing areas. This means funding research not only on drugs but also on areas like life-style changes, even if the profit potential is lower for Big Pharma as you cannot sell…” quote by Mariana Mazzucato](https://sms4smile.com/quotes/i/ad9/mariana-mazzucato-16911_areas_it-s-important-that-public-funds-be-spen_287191.jpg) [Download](https://sms4smile.com/quotes/i/ad9/mariana-mazzucato-16911_areas_it-s-important-that-public-funds-be-spen_287191.jpg) [Open image](https://sms4smile.com/quotes/i/ad9/mariana-mazzucato-16911_areas_it-s-important-that-public-funds-be-spen_287191.jpg) > “It's important that public funds be spent in research directions that are pushing market frontiers rather than working in existing areas. This means funding research not only on drugs but also on areas like life-style changes, even if the profit potential is lower for Big Pharma as you cannot sell that change as you can sell a medicine.” [Mariana Mazzucato](https://sms4smile.com/quotes/author/mariana-mazzucato/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Public funding should prioritize frontier research over incremental work, even if profits are lower. **In simple terms:** Fund innovative research, not just profitable drugs. Key Takeaway Invest in breakthrough ideas. Themes economics science policy innovation Mood analytical critical Type policy economic When to use this quote - grant committees - R&D budgeting - health policy Key Concepts market creation public good risk tolerance Questions to Reflect On - How to balance risk and reward? - What metrics evaluate frontier impact? A Different Perspective High‑risk research may fail, wasting public money. ★ ★ ★ ★ ★ No ratings yet [Drug](https://sms4smile.com/quotes/about/drug/) [Frontiers](https://sms4smile.com/quotes/about/frontiers/) [Investing](https://sms4smile.com/quotes/about/investing/) [Life style](https://sms4smile.com/quotes/about/life-style/) [Medicine](https://sms4smile.com/quotes/about/medicine/) [Profit](https://sms4smile.com/quotes/about/profit/) [Research](https://sms4smile.com/quotes/about/research/) [Style](https://sms4smile.com/quotes/about/style/) ## Related quotes > [“But why, then, do these ideas persist? Why haven’t the scientists with the better and more accurate ideas eclipsed these old theories? Hart tells…](https://sms4smile.com/quotes/johann-hari/but-why-then-do-these-ideas-persist-why-haven-t-the-scientists-with/) [Johann Hari](https://sms4smile.com/quotes/author/johann-hari/) > [The media is not about responding to the wishes of people. 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