The importance of tertiary education for economic growth and competitiveness is increasingly recognized as critical not just for middle-income and advanced countries, but also for low-income ones. Access to a solid, world-class curriculum helps develop a skilled, productive, and flexible labor...

Venture capital (VC) and growth are examined both empirically and theoretically. Empirically, VC-backed startups have higher early growth rates and initial patent quality than non-VC-backed ones. VC backing increases a startup's likelihood of reaching the right tails of the firm size and...