One of the highlights of the 27th TCI Global Conference, held in Chihuahua, Mexico, from October 8-10, was the keynote presentation by renowned economist and University College London professor Mariana Mazzucato. 

Mariana is recognized for her work on the role of the State in driving innovation. Her approach challenges conventional perceptions about state entrepreneurship and public investment in the economy. During her presentation, she emphasized the importance of a mission-oriented and cross-sectoral approach with the key role of public-private partnerships and collaboration.

Following her thought-provoking keynote, we held an engaging panel discussion with TCI president Merete Daniel Nielsen; TCI Board directors Septi Bukula, and Tony Lin; Ulises Fernández, Secretary of Innovation and Economic Development of the Government of the State of Chihuahua; and moderator Mirjana Prica, managing director at FIAL and TCI Board director.

Wrap-up  reflections by Mirjana Prica

Mirjana Prica shares her reflections on the panel discussion with Mariana Mazzucato:

“While Mariana Mazzucato pointed out the recipe for a successful mission, she was less specific on how clusters supported collaborative and inclusive futures. I noted parallels between missions and clusters, particularly in how both aim to build inclusive and sustainable ecosystems. Key elements include:

1. Burning platform to create a sense of urgency around a challenge. This burning platform is used to galvanize stakeholders/actors so they work together rather than they work in isolation to address the challenge.
2. Leadership is essential to navigate across the ecosystem and different stakeholders to coordinate activities/stakeholders toward addressing the challenge.
3. Collaboration is essential and the need to work as one because the collective effort to address the challenge is huge.

As a final thought, missions are a great idea and there is lots of talk on the theory so it is important to convert this talk into action. This is where clusters can help.

For over 30 years, clusters have been delivering value. There are many examples and case studies showcasing their impact. These should be used to help shape the conversation on the grand challenges (as defined by a mission – cut across stakeholders, sectors, geographies, etc).

As clusters are already working on components of the grand challenge or even on a grand challenge, they can actively shape or help deliver on these missions”.