ABSTRACT

Human creativity is at the heart of economic and social dynamism in societies. Even within the same nation, various regions differ in their quest for scientific research and development. In a sense, there is a culture of scientific discovery and innovation that often has historical roots which go back more than a generation. Such regions exist in advanced as well as emerging economies. Clearly, there are several factors that must be present to enable such developments, but it is human capital that is most important. It is people with scientific curiosity and the ability to take risks that make scientific discoveries possible. Some local endowments are unique in creating economic opportunities and attracting people with skills and enterprise. This creates a movement of people between regions so that there is an adequate match between available opportunities and people who are willing to take advantage of them. It is this type of environment that encourages migration between nations, regions, and often within a local community itself.