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

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

This paper explores the relationship between knowledge creation, entrepreneur-ship, and economic growth in the United … States over the last 150 years. Accor-ding to the "new growth theory," investments in knowledge and human capital ge …-nerate economic growth via spillovers of knowledge. But the theory does not ex-plain how or why spillovers occur, or why large …