Aufsatz in einer Fachzeitschrift
Non-compete clauses, employee effort and spin-off entrepreneurship: A laboratory experiment
Details zur Publikation
Autor(inn)en: | Bünstorf, G.; Engel, C.; Fischer, S.; Güth, W. |
Verlag: | ELSEVIER SCIENCE BV |
Publikationsjahr: | 2016 |
Zeitschrift: | Research Policy: Policy, management and economic studies of science, technology and innovation |
Seitenbereich: | 2113-2124 |
Jahrgang/Band : | 45 |
Erste Seite: | 2113 |
Letzte Seite: | 2124 |
Seitenumfang: | 12 |
ISSN: | 0048-7333 |
DOI-Link der Erstveröffentlichung: |
Zusammenfassung, Abstract
We experimentally test the effect of enforceable non-compete clauses on working effort and spin-off entrepreneurship. An employee invests effort in the probability of a profitable innovation. After a successful innovation the employee may want to start her own spin-off firm and compete with her prior employer. In the baseline setup without non-compete clause, spin-offs result from failed negotiation about employee compensation even though they reduce the joint payoffs of both parties. In two treatments with non-compete clause the employer can prevent successful innovators from leaving the firm. We find no significantly negative effect of non-compete clauses on employee effort, even if compensation is low. (C) 2016 Elsevier B.V. All rights reserved.
We experimentally test the effect of enforceable non-compete clauses on working effort and spin-off entrepreneurship. An employee invests effort in the probability of a profitable innovation. After a successful innovation the employee may want to start her own spin-off firm and compete with her prior employer. In the baseline setup without non-compete clause, spin-offs result from failed negotiation about employee compensation even though they reduce the joint payoffs of both parties. In two treatments with non-compete clause the employer can prevent successful innovators from leaving the firm. We find no significantly negative effect of non-compete clauses on employee effort, even if compensation is low. (C) 2016 Elsevier B.V. All rights reserved.
Schlagwörter
Effort, Non-compete clause, Reciprocity Fairness, Spin-off entrepreneurship
