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Report

Reforming non-competes to support workers

Abstract

This report describes evidence from empirical research on non-compete agreements and recommends policies to balance the interests of firms and workers. Firms use non-competes widely in order to minimize recruiting costs, safeguard investments, and protect intellectual property more easily than is achieved via non-disclosure agreements. But these benefits come at a cost to workers, whose career flexibility is compromised—often without their informed consent.

Author

M

Matt Marx

Associate Professor, Strategy and Innovation - Boston University Questrom School of Business

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