Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Firms must strike a delicate balance beten the exploitation of ll-known business models and the exploration of risky, untested approaches. ,  study financial contracting beten an investor and a firm with private information about its returns from exploration and exploitation. The investor-optimal mechanism offers contracts with different tolerance for failures to screen returns from exploitation, and with different exposure to the project's revenues to screen returns from exploration.  derive necessary and sufficient conditions for private information about returns from exploration to have zero value to the firm. When these conditions fail, private information about exploration may even decrease the firm's payoff.
['Rv Gomes', 'Daniel Gottlieb', 'Lucas Maestri']
I am writing a research paper on a idea Experimentation and project selection: Screening and learning
[{"from": "human", "value": "I am writing a research paper on a idea Experimentation and project selection: Screening and learning"}, {"from": "gpt", "value": "Thats a unique idea.You should consider the following idea to enhance your idea so that it would impact uniquely: Firms must strike a delicate balance beten the exploitation of ll-known business models and the exploration of risky, untested approaches. ,  study financial contracting beten an investor and a firm with private information about its returns from exploration and exploitation. The investor-optimal mechanism offers contracts with different tolerance for failures to screen returns from exploitation, and with different exposure to the project's revenues to screen returns from exploration.  derive necessary and sufficient conditions for private information about returns from exploration to have zero value to the firm. When these conditions fail, private information about exploration may even decrease the firm's payoff."}]