"This book explores current and emergent approaches in the financial development and sustainability of higher education institutions through altruistic actions and financial assistance, featuring global perspectives on the economics of philanthropy in educational settings and subsequent growth...

800 million of the 1200 million people in India have been classified as being poor. About 500 million are “below the poverty line” – a euphemism for per capita income of less than US$ 2 per day. Over 80% of these are the rural poor – living in conditions that cannot be described. These...

We study an endogenous growth model where a profit-motivated R and D sector coexists with the introduction of free blueprints invented by philanthropists. These goods are priced at marginal cost, contrary to proprietary ones which are produced by a monopoly owned by the inventor. We show that...

This paper examines how Sweden and the United States have been impacted by philanthropic activities, commercialization of university-based knowledge and international entrepreneurship. The analysis comprises a detailed case study of Swedish and U.S. universities, as well as a statistical...