Ok, but in year five, it would look like this again:
1,000,000 Revenue
- 1,000,000 1/5 Salary expense x 5 years rolling
-----------
0 Profit
So really, it's removing (deferring, or peanut buttering) the startup and ramp up "invent new things" subsidy, while not really affecting steady state R&D if you're not growing talent ahead of revenue.
So even in year 5, it's an adverse incentive for putting new/more talent to work.
Even big business may not be able to make as many growth project budgets work.
So even in year 5, it's an adverse incentive for putting new/more talent to work.
Even big business may not be able to make as many growth project budgets work.