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What differentiates American capitalism from all other forms of industrial capitalism is a historical focus on both the … creation of wealth (entrepreneurship) and the reconstitution of wealth (philanthropy). Philanthropy has been part of the …
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This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
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