Non‐competes, business dynamism, and concentration: Evidence from a Florida case study
Non‐competes, business dynamism, and concentration: Evidence from a Florida case study
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竞业禁止、商业活力和集中度：来自佛罗里达州案例研究的证据
DOI：
10.1111/jems.12349
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发表时间：
2020
影响因子：
1.9
通讯作者：
Fleming, Lee
中科院分区：
文献类型：
--
作者：
Kang, Hyo;Fleming, Lee
大多数关于非竞争的研究都集中在员工身上;在这里，我们研究非竞争如何影响公司的位置选择，增长，以及随之而来的区域集中度，使用佛罗里达1996年的立法变化，放宽了对其执行的限制。差异中的差异模型显示，在这种变化之后，大公司的机构更有可能进入佛罗里达;它们也创造了更大比例的就业机会，并增加了它们在该州的就业份额。相比之下，在法律修改后，小公司的企业家或机构不太可能进入佛罗里达;他们也创造了更小比例的新工作岗位，并减少了他们的就业份额。与这些位置和创造就业机会的动态相一致，区域商业集中度随着佛罗里达法律的变化而增加。全国范围内的横截面表明，州一级的竞业禁止执法和位置，就业和浓度动态之间的相关性一致，在佛罗里达说明。
Most research on non‐competes has focused on employees; here we study how non‐competes affect firm location choice, growth, and consequent regional concentration, using Florida's 1996 legislative change that eased restrictions on their enforcement. Difference‐in‐differences models show that following the change, establishments of large firms were more likely to enter Florida; they also created a greater proportion of jobs and increased their share of employment in the state. Entrepreneurs or establishments of small firms, in contrast, were less likely to enter Florida following the law change; they also created a smaller proportion of new jobs and decreased their share of employment. Consistent with these location and job creation dynamics, regional business concentration increased following the law change in Florida. Nationwide cross‐sections demonstrate consistent correlations between state‐level non‐compete enforcement and the location, employment, and concentration dynamics illustrated in Florida.