Economist, investor and author William H. Janeway says the innovation economy is stalled, and he envisions a plan for getting it back on track. Janeway will speak about the innovation economy at a free public talk at The Jackson Laboratory on Wednesday, Sept. 4, at 5 p.m., followed by a reception from 6 to 6:30 p.m.
The Financial Times named Janeway’s recent book, Doing Capitalism in the Innovation Economy: Markets, Speculation and the State, one of the “best economics books of the year,” and Slate called it “one of the most intelligent, sensible, and insightful books about Wall Street published since the financial implosion of 2008.”
Janeway has been an active venture capital investor for more than 40 years. During that time he built and led the Warburg Pincus Technology Investment team that provided financial backing to a series of companies making critical contributions to the internet economy, including BEA Systems, Veritas Software and, more recently, Nuance Communications, a speech-recognition company. He remains actively engaged as a senior advisor and managing director at Warburg Pincus.
Janeway received a Ph.D. in Economics from Cambridge University, where he was a Marshall Scholar. Janeway went on to found the Cambridge Endowment for Research in Finance. Currently he serves as a teaching visitor at the Princeton University Economics Department and visiting scholar in the Economics Faculty of Cambridge University.
Janeway is a director of Magnet Systems, Nuance Communications, O’Reilly Media and a member of the Board of Managers of Roubini Global Economics. He is a member of the board of directors of the Social Science Research Council, and a co-founder and member of the Governing Board of the Institute for New Economic Thinking (INET). In September 2012 he was granted the honorary honor of Commander of the Order of the British Empire (CBE) by Queen Elizabeth II “for services to education in support of Cambridge University and to UK/US relations.”
Janeway and his family divide their time between New York City and Cambridge, UK. He and his wife, Jackson Laboratory Trustee Weslie Janeway, are longtime supporters of the Laboratory and have a summer residence in Hancock Point, Maine.
The Jackson Laboratory is an independent, nonprofit biomedical research institution based in Bar Harbor, Maine, with a facility in Sacramento, Calif., and a new genomic medicine institute in Farmington, Conn. It employs a total staff of more than 1,500. Its mission is to discover precise genomic solutions for disease and empower the global biomedical community in the shared quest to improve human health.