Yes, Short-Termism Really Is a Problem
Harvard Business Review
OCTOBER 9, 2015
Expenses considered short-term flow entirely through yearly income statements, while longer-horizon investments are capitalized and amortized on the books over many years. And 2015 is looking even better, with R&D investment at the highest level (as a percentage of GDP) in the history of America. years in 2002 to 7.2 years in 2009.
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