Banal Estañol, AlbertMacho-Stadler, InésPérez Castrillo, DavidUniversitat Pompeu Fabra. Departament d'Economia i Empresa2020-05-252020-05-252019-05-02http://hdl.handle.net/10230/44799Funding agencies tend to allocate (scarce) resources using a bottom-up competitive process. This paper analyzes the determinants and the consequences of the choices made in each of the stages of the funding process. We build on previous research (Banal-Estañol, Macho-Stadler, and Pérez-Castrillo 2013, 2018, and 2019) using, and present new results based on, one of the major public organizations funding academic research worldwide: the UK's Engineering and Physical Sciences Research Council.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative CommonsFunding academic research: grant application, partnership, award, and outputinfo:eu-repo/semantics/workingPaperBusiness Economics and Industrial OrganizationFinance and Accountinginfo:eu-repo/semantics/openAccess