posted on 2023-06-21, 06:02authored byMariana Mazzucato, Cian O'Donovan
At the heart of the government’s White Paper on the future of the BBC is an implicit accusation that the broadcaster is ‘crowding out’ the market through the scale and quality of its services. This chapter assess the utility of this 'crowding out' argument and suggests instead an alternative framework with which to assess the BBC's ability to de-risk the private sector as well as to create new market landscapes.