Arbeitspapier
How to set budget caps for competitive grants
We study how funding agencies should set budget caps for competitive grants. We show that budget caps influence the researchers' submission strategy and, in particular, whether they steer their project choice towards the agencies' favorite projects, and the level of funds they request. The welfare impact of alternative approaches depends on the level of competition, the cost of public funds and the social value of project implementation.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper Series ; No. 02
- Classification
-
Wirtschaft
Industrial Policy
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Innovation and Invention: Processes and Incentives
Technological Change: Government Policy
- Subject
-
Competitive Grants
Procurement of Innovation
Project Choice
Research Funding
ResearchTournamen
- Event
-
Geistige Schöpfung
- (who)
-
De Chiara, Alessandro
Iossa, Elisabetta
- Event
-
Veröffentlichung
- (who)
-
Bocconi University, Centre for Research on Geography, Resources, Environment, Energy and Networks (GREEN)
- (where)
-
Milan
- (when)
-
2019
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- De Chiara, Alessandro
- Iossa, Elisabetta
- Bocconi University, Centre for Research on Geography, Resources, Environment, Energy and Networks (GREEN)
Time of origin
- 2019
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