From the perspective of the Chicago school, there is no behaviour that is not interpretable as economic. In this paper, we discuss the assertion in the perspective of an optimal constitution and exploitation of Human Capital, through our conceptual framework named Emotional Capital (EC)....

It is well known that both "Silicon Valley" and "Route 128 Boston" owe much of their success ot the proximity of Stanford University and MIT. Knowledge spillovers from large research universities contribute to increasing returns, resulting in divergent development between clusters. This...