English to German Bus/Financial Accounting

Expensed investments are expenditures financed by the owners of capital that increase future profits
but, by national accounting rules, are treated as an operating expense rather than as a capital
expenditure. Sweat investment is financed by worker-owners who allocate time to their business
and receive compensation at less than their market rate. Such investments are made with the
expectation of realizing capital gains when the business goes public or is sold. But these investments
are not included in GDP.

http://www.minneapolisfed.org/research/WP/WP636.pdf, Abstract

Sweat investments habe ich mit "Muskelkapital" gefunden und Sweat plus expensed investments sind Immaterielle Investitionen.

Wie könnte "Expensed investments" (darunter fallen laut obiger Quelle Forschung & Entwicklung, Werbung und Aufbau einer Organisationsstruktur) übersetzen?
Tausend Dank für die Hilfe!