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Other Scientists and business people moved into Pharma in the 80s & 90s - which is also not doing so well.
TLDR: anti-competative laws shunted growth to areas like silicon Valley which didn't have them. Seriously, why do we even allow people not at a C level to be impacted by these laws that say you can't leave to start a competitor? Moreover, why is it legal, like in NY, for a company to say they own all your work both on and off the job? We're killing ourselves.
I'm not aware of research in the area but states other than California vary in the degree they enforce non-competes and other restrictions. I'm not aware these have a clear correlation to business formation by state. I don't doubt it's one factor but, for example, Massachusetts hasn't been able to get rid of non-competes yet does pretty well as a tech center.
Also central to New Jersey's weight as an innovation hub was Princeton University - where Alan Turning met and studied under Alonzo Church.[1]. Also worth mentioning is the Institute for Advanced Studies in Princeton, N.J where Kurt Gödel remained a faculty member until his death in 1978.[2] Alfred Einstein also spent the last two years of his life working at the Institute. Imagine the conversations Einstein and Gode…
Of course Einstein lived and worked in Princeton too.
TLDR: anti-competative laws shunted growth to areas like silicon Valley which didn't have them. Seriously, why do we even allow people not at a C level to be impacted by these laws that say you can't leave to start a competitor? Moreover, why is it legal, like in NY, for a company to say they own all your work both on and off the job? We're killing ourselves.
Because it's really difficult to define which IPR is inside or outside the scope of your employer's business and easy to abuse for the employee.
Your email app might be clearly outside your search engine employer's business, until they decide to do this gmail thing. Also, most employees do something related to what the employer does.
So there's silicon alley in NY, silicon prairie in the midwest, silicon forest in portland, what do we call Jersey?
wasn't it called Route 128 ?
TLDR: anti-competative laws shunted growth to areas like silicon Valley which didn't have them. Seriously, why do we even allow people not at a C level to be impacted by these laws that say you can't leave to start a competitor? Moreover, why is it legal, like in NY, for a company to say they own all your work both on and off the job? We're killing ourselves.
'Moreover, why is it legal, like in NY, for a company to say they own all your work both on and off the job' Because it's really difficult to define which IPR is inside or outside the scope of your employer's business and easy to abuse for the employee. Your email app might be clearly outside your search engine employer's business, until they decide to do this gmail thing. Also, most employees do something related to…
Now that NYC is not affordable for startups, NJ will become a perfectly respectable tech/Start up hub. And good for it.
Earlier quoted context omitted.
'Moreover, why is it legal, like in NY, for a company to say they own all your work both on and off the job' Because it's really difficult to define which IPR is inside or outside the scope of your employer's business and easy to abuse for the employee. Your email app might be clearly outside your search engine employer's business, until they decide to do this gmail thing. Also, most employees do something related to…
Easy to abuse for both parties.
If you don't like it, you are free to accept another job offer or to quit and make your own business out of that thing you were thinking of but didn't do because you feared your employer would claim ownership.
The exact same story is told in the film industry. Edison's patents were very strongly enforced on the east coast, but not in California. All of the film studios then packed up and headed west.