This paper describes the gradual accumulation of indicators and evidence of the links between governance and growth …, focusing on broad cross-country analyses. While each governance indicator developed thus far is in some way imperfect, the … point in the same direction: good governance is crucial for growth. Unfortunately, while current indicators are getting …

-relevant, politically acceptable, quantitative indicators of governance. There are two major components involved in the process of … benchmarks of good governance that can be embraced by reformers. In addition to political acceptability, measuring governance …. This paper explores some of the most promising second generation indicators of good governance and elaborates on how they …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …