The New Europe
The new Europe The financial crisis is largely over, yet confidence in the ECB and EU...
IWH FDI Micro Database
IWH FDI Micro Database The IWH FDI Micro Database (FDI = Foreign Direct...
Data Protection Policy ...
Delay Determinants of European Banking Union Implementation ...
The Political Economy of the European Banking Union
The Political Economy of the European Banking Union ...
An Evaluation of Early Warning Models for Systemic Banking Crises: Does Machine Learning Improve Predictions? ...
Tasks of the IWH Under the guiding theme "From Transition to European ...
Population and labour market
Population and labour market Inhabitants are all people (Germans and foreigners) with permanent residence in federal territory (or in a Land). That does not include ...
State Enforceability of Noncompete Agreements: Regulations that Stifle Productivity!
Human Resource Management,
Noncompete agreements (also known as covenants not to compete [CNCs]) are frequently used by many businesses in an attempt to maintain their competitive advantage by safeguarding their human capital and the associated business secrets. Although the choice of whether to include CNCs in employment contracts is made by firms, the real extent of their restrictiveness is determined by the state laws. In this article, we explore the effect of state‐level CNC enforceability on firm productivity. We assert that an increase in state level CNC enforceability is detrimental to firm productivity, and this relationship becomes stronger as comparable job opportunities become more concentrated in a firm's home state. On the other hand, this negative relationship is weakened as employee compensation tends to become more long‐term oriented. Results based on hierarchical linear modeling analysis of 21,134 firm‐year observations for 3,027 unique firms supported all three hypotheses.