Professor Mazzucato discusses the role of the state in a post-COVID world and examines the state capabilities needed to build a better future that is innovation-led, inclusive and sustainable. Mariana Mazzucato is Professor in the Economics of Innovation and Public Value at University College London. She is also the founding director of the UCL Institute for Innovation and Public Purpose. She is winner of international prizes including the 2020 John Von Neumann Award, the 2019 All European Academies Madame de Staël Prize for Cultural Values, and 2018 Leontief Prize for Advancing the Frontiers of Economic Thought. She was named as one of the ‘3 most important thinkers about innovation’ by the New Republic. She is the author of the highly-acclaimed books, The Entrepreneurial State: Debunking Public vs. Private Sector Myths and The Value of Everything: Making and Taking in the Global Economy.