2024/05/15 by Ilias Alami · 1 voice · 1 citation
Business, Management and Accounting · Economics, Econometrics and Finance · #Housing, Finance, and Neoliberalism #State Capitalism and Financial Governance
paper · pdf · doi:10.1177/20438206241253590
openalex publication_date 2024/05/15 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/22
To sharpen the conversation between urban studies and ‘new state capitalism’, I argue that studies of the state's role as a venture capitalist in the urban process may be developed along four lines: (1) expounding where logics of state-backed venture capitalism fit within shifting repertoires of urban entrepreneurialism; (2) specifying how the injection of state-owned capital in start-ups facilitates processes of both real and financial valorisation, thereby altering urban relations of production; (3) analysing state-backed venture capitalism in light of emerging forms of ‘derisking developmentalism’; and (4) foregrounding geopolitically infused techno-nationalism as a potentially significant driver of state-backed venture capital.