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Sweat Equity in U.S. Private Business

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NBER2018-04-01 更新2025-01-04 收录
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We develop a theory of sweat equitythe value of business owners time and expenses to build customer bases, client lists, and other intangible assets. We discipline the theory using data from U.S. national accounts, business censuses, and brokered sales to estimate a value for sweat equity for the

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2018-04-01
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