Unglamorous Freelance Manufacturers Could Boost U.S. Competitiveness
Harvard Business Review
MARCH 1, 2012
But CMOs tend not to be favored by private investors, because these companies are asset heavy — they need land, buildings, equipment, vehicles, and large illiquid investment in capital equipment. Investors prefer companies such as Apple and Cisco that are light on assets. First, that means tax incentives.
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