O hbm2ddl.auto não está sendo executado

Olá amigos, tenho uma aplicação com spring e hibernate, no meu arquivo setei todas as propriedades do hibernate, inclusive a do hbm2ddl.auto ;

Mas ao iniciar o contexto do spring, ele não executa a criação/atualização das tabelas.

Como resolver?

Meu applicationContext:

[code]<?xml version=“1.0” encoding=“UTF-8”?>
<beans xmlns="http://www.springframework.org/schema/beans"
xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
xmlns:context="http://www.springframework.org/schema/context"
xsi:schemaLocation=“http://www.springframework.org/schema/beans
http://www.springframework.org/schema/beans/spring-beans-2.5.xsd
http://www.springframework.org/schema/context
http://www.springframework.org/schema/context/spring-context-2.5.xsd”>

<bean id=“dataSource"
class=“org.springframework.jdbc.datasource.DriverManagerDataSource”>
<property name=“driverClassName” value=“org.postgresql.Driver” />
<property name=“url” value=“jdbc:postgresql://localhost:5432/***” />
<property name=“username” value=”***" />
<property name=“password” value="***" />
</bean>

   &lt;!-- Hibernate session factory --&gt;
    &lt;bean id="sessionFactory"
            class="org.springframework.orm.hibernate3.annotation.AnnotationSessionFactoryBean"&gt;

<!-- Configura o DataSource -->
<property name=“dataSource”>
<ref bean=“dataSource” />
</property>

<!-- Propriedade do Hibernate -->
<property name=“hibernateProperties”>
<props>
<prop key=“hibernate.dialect”>org.hibernate.dialect.PostgreSQLDialect</prop>
<prop key=“hibernate.show_sql”>true</prop>
<prop key=“hibernate.format_sql”>true</prop>
<prop key=“hibernate.c3p0.min_size”>5</prop>
<prop key=“hibernate.c3p0.max_size”>100</prop>
<prop key=“hibernate.c3p0.timeout”>1800</prop>
<prop key=“hibernate.c3p0.max_statements”>50</prop>
<prop key=“hibernate.hbm2dll.auto”>update</prop>
<prop key=“hibernate.c3p0.idle_test_period”>3000</prop>
</props>
</property>

<!-- Local para varrer todas as minhas entidades anotadas -->
<property name=“packagesToScan” value=“br.com.***.model”/>
</bean>

     &lt;!-- Auto scan the components --&gt;
     &lt;context:component-scan base-package="br.com.***"/&gt;
     	
     	&lt;context:annotation-config /&gt;

</beans>
[/code]

hibernate.hbm2dll.auto está escrito errado …

hibernate.hbm2ddl.auto=update