creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the … way for future economic growth. This entrepreneurship-philanthropy nexus has not been fully explored by either economists …

This paper explores the relationship between knowledge creation, entrepreneurship, and economic growth in the United … States over the last 150 years. According to the “new growth theory,” investments in knowledge and human capital generate … economic growth via spillovers of knowledge. But the theory does not explain how or why spillovers occur, or why large …

agglomerations and clusters, and (4) the emergence of entrepreneurship as an engine of growth and development. The forces …