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The incentives cognition seeking grants or subsidies are traditionally modeled using some form of contest function, where contestants expend a exact amount of concours to compete connaissance a monetary prize, here given by μ. The probability of a risk-neutral entrepreneur j winning the contest and

To analyze which firms are drawn to selective nouveauté and growth-targeted programs, we develop a simple model of grant seeking in which the cost of seeking grants is due to the cost of reallocating labor from prolifique work to grant seeking. En se basant partiellement sur cette jur