This document represents a comprehensive summary of current research and theory on the sources of innovation and creativity, both in individuals and organizations. Based on the recurring concepts in the existing literature, the document concludes with some recommendations for how education systems can best foster these attributes in students. Both research and recommendations have been conducted with a view to informing US workforce development efforts within the context of the new global economy. The following key questions are discussed: (1) What do individuals know about the sources of creativity and innovation in individuals?; (2) What do they know about curricula and pedagogical techniques that have proven effective in promoting innovation and creativity through formal and informal education?; (3) What do they know about techniques that have been proven to stimulate creativity and innovation in the work place?; (4) What is it about the nature of their culture, their society and their economy that makes this country more creative and innovative than others?; (5) What contributes to the development of successful entrepreneurs?; (6) What actions should the US education system take to promote innovation and creativity among students?; and (7) What are some suggestions for further research?