(KANSAS CITY, Mo.) July 21, 2014 – The formation of new companies accounts for nearly all net new job creation, but state non-compete agreements — if strictly enforced — can make it harder for people to start those companies.
According to a new Entrepreneurship Policy Digest released today by the Kauffman Foundation, state enforcement of non-compete agreements is restricting highly skilled workers from moving in and out of new jobs and/or from starting their own businesses, thus hindering job creation and economic growth.
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