Non-Compete Pacts Called Bad For Tech Innovation
carusoj writes in with NetworkWorld reporting from a panel at Harvard last week. It concluded that employee non-compete agreements have stifled tech startup development in Massachusetts, where the pacts are aggressively enforced, but failed to hold back the tech industry boom in states like California, where they are mostly unenforceable. We've discussed non-competes often here in the past; Techdirt made much the same point a year and a half back.
Why would anyone want to live in Massachusetts anyway? High taxes, non-competes, mandatory purchase of health insurance from a state selected slate of "pre-approved" companies (i.e. they screw you because you have to choose one of them), did I mention the high taxes?