Debates of value of non-compete agreements

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Debates of the value of non-compete agreements have gained attention in recent years. Firms are often opposed to new legislation linked to the restriction of these clauses, typically arguing that non-compete agreements enable them to protect valuable insider information (e.g., preventing employees from learning proprietary R&D secrets and then taking this knowledge with them if they were to leave for a competitor firm). Other stakeholders, however, have argued that by restricting employee mobility non-compete clauses are detrimental to workers and the wider society. Discuss your thoughts on the value (or lack thereof) of these agreements and whether they warrant government intervention.

Reference no: EM133810735

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