He added the proviso that what was being invested should be capable of offering a return, “otherwise, it is just a grant”.ivOR, 28 May, col 14
Referring to A mission-oriented framework for the Scottish National Investment BankA mission-oriented framework for the Scottish National Investment Bank, Mariana Mazzucato said—
…the bank should provide patient finance to organisations in the public, private and third sectors and in civil society that are willing to engage with the government missions.viOR, 14 May, col 2
She spoke of “commercial dynamics” by which investment in one area might suggest possibilities in another, citing Viagra...