This document contains papers presented at a seminar to explore how the U.S. economy has created 30 million jobs since the early 1970s, while most European countries have barely managed to keep their labor force employed. The following papers are included: "Job Creation in the United States: Some Facts and Figures" (Sibille); "Unanswered Questions" (Dommergues); "The Unstable Balance between Macro- and Micro-Economic Factors" (Dommergues); "Local Initiatives and the Spirit of Entrepreneurship" (Howell, Daignault); "The Impact of Technology" (Fusfeld); "Measuring Development Progress at State Level" (Friedman); "The Grand Illusion?" (Bluestone); "For the Good of One and All" (Sibille); "Why Partnerships? Massachusetts' Experience" (Stratton); "Economic Development in Michigan" (Plastrik); "Philadelphia's Partnership's for Economic Renewal" (Widner); "Baltimore's Economic Development Partnerships" (Berkowitz); "The Logic of Innovation" (Dommergues); "University, Industry, and Regional Development" (Fusfeld); "Technology Transfers: Carnegie Mellon University" (Jordan); "Centers for Advanced Technology Transfer: The Ben Franklin Partnership" (Singerman); "Evaluating the Ben Franklin Partnership" (Osborne); "Entrepreneurship in the University: The Massachusetts Institute of Technology" (Bloomquist); "Venture Capital and Community Renewal" (Sibille); "The Michigan Strategic Fund" (Plastrik); "Venture Capital: The Engine of Economic Growth" (Lamond); "Informal Venture Capital: Business Angels" (Wetzel); "Banks and Community Renewal: Chicago's South Shore Bank" (Grzywinski); "An Entrepreneurial Approach to the Social Sector" (Sibille); "Economic Development and the New Service Sector" (Kennedy); "Kenilworth Parkside's Resident Managers" (Gray); "Home Health Care in New York" (Surpin); "The Long-Term Unemployed" (Wilson); "Changes in Trade and Distribution" (Dommergues); "Creating Jobs in Retailing: Toys 'R' Us" (Baczko); "The Distribution Sector: Evolution and Perspectives" (Loeb); "Between Fascination and Rejection: Reflections on American Success" (Tordjman); and "What Can We Learn from the Americans?" (Seguin). (CML)