"Boost" is simply the ratio of turbo compressor discharge pressure to inlet pressure. If it is pulling in air at atmospheric pressure (14.7psia) and discharging at 29.7psia, then there is 15 pounds of "boost". The way to make more boost is to use a bigger compressor, or to turn it faster, or both. The "efficiency" of the turbo affects the power you get at a given boost. Since the compressor uses exhaust pressure to turn, a less efficient compressor requires more exhaust pressure, and the higher back pressure on the engine cuts the power output. A less efficient compressor will also heat the air more, and hotter is not as dense, and thus makes less power. Running two small turbos to get 20 psi boost can put the turbos in a more efficient range than running a big turbo to get the same flow/pressure, and the smaller turbos have less inertia, so they will spin up quicker.
Boost is NOT the "excess" of what the motor will take. Boost is just a way to get more air (pounds of air) through an engine of a given size. You compress the air, with a turbo, or a blower, and BOOST the power. The engine doesn't change, but because it is taking in more pounds/hour of air, it can burn more pounds/hour of fuel, and make more power. The temperature of the air is a key factor, which is why the intercooled cars make more power than the "hot airs"- cooler air is denser air, and more pounds per hour.