Mobility Constraint Externalities

Published Online:https://doi.org/10.1287/orsc.2018.1252

References

  • Agarwal R, Ganco M, Ziedonis RH (2009) Reputations for toughness in patent enforcement: Implications for knowledge spillovers via inventor mobility. Strategic Management J. 30(13):1349–1374.CrossrefGoogle Scholar
  • Agarwal R, Campbell BA, Franco AM, Ganco M (2016) What do I take with me? The mediating effect of spin-out team size and tenure on the founder–firm performance relationship. Acad. Management J. 59(3):1060–1087.CrossrefGoogle Scholar
  • Almeida P, Kogut B (1999) Localization of knowledge and the mobility of engineers in regional networks. Management Sci. 45(7):905–917.LinkGoogle Scholar
  • Altonji JG, Elder TE, Taber CR (2005) Selection on observed and unobserved variables: Assessing the effectiveness of Catholic schools. J. Political Econom. 113(1):151–184.CrossrefGoogle Scholar
  • Bagger J, Fontaine F, Postel-Vinay F, Robin J-M (2014) Tenure, experience, human capital, and wages: A tractable equilibrium search model of wage dynamics. Amer. Econom. Rev. 104(6):1551–1596.CrossrefGoogle Scholar
  • Balasubramanian N, Chang JW, Sakakibara M, Sivadasan J, Starr E (2018) Locked in? The enforceability of covenants not to compete and the careers of high-tech workers. U.S. Census Bureau Center for Economic Studies Paper CES-WP-17-09, U.S. Census Bureau, Washington, DC, http://doi.org/10.2139/ssrn.2905782.Google Scholar
  • Bidwell M, Keller JR (2014) Within or without? How firms combine internal and external labor markets to fill jobs. Acad. Management J. 57(4):1035–1055.CrossrefGoogle Scholar
  • Bidwell M, Mollick E (2015) Shifts and ladders: Comparing the role of internal and external mobility in managerial careers. Organ. Sci. 26(6):1629–1645.LinkGoogle Scholar
  • Bidwell M, Won S, Barbulescu R, Mollick E (2015) I used to work at Goldman Sachs! How firms benefit from organizational status in the market for human capital. Strategic Management J. 36(8):1164–1173.CrossrefGoogle Scholar
  • Bishara ND (2011) Fifty ways to leave your employer: Relative enforcement of noncompete agreements, trends, and implications for employee mobility policy. Univ. Pennsylvania J. Bus. Law 13(3):751–795.Google Scholar
  • Blake HM (1960) Employee agreements not to compete. Harvard Law Rev. 73(4):625–691.CrossrefGoogle Scholar
  • Burdett K, Mortensen DT (1998) Wage differentials, employer size, and unemployment. Internat. Econom. Rev. 39(2):257–273.CrossrefGoogle Scholar
  • Cahuc P, Postel-Vinay F, Robin J-M (2006) Wage bargaining with on‐the‐job search: Theory and evidence. Econometrica 74(2):323–364.CrossrefGoogle Scholar
  • Callahan MB (1985) Post-employment restraint agreements: A reassessment. Univ. Chicago Law Rev. 52(3):703–728.CrossrefGoogle Scholar
  • Campbell BA, Coff R, Kryscynski D (2012a) Rethinking sustained competitive advantage from human capital. Acad. Management Rev. 37(3):376–395.CrossrefGoogle Scholar
  • Campbell BA, Ganco M, Franco AM, Agarwal R (2012b) Who leaves, where to, and why worry? Employee mobility, entrepreneurship and effects on source firm performance. Strategic Management J. 33(1):65–87.CrossrefGoogle Scholar
  • Carnahan S, Agarwal R, Campbell BA (2012) Heterogeneity in turnover: The effect of relative compensation dispersion of firms on the mobility and entrepreneurship of extreme performers. Strategic Management J. 33(12):1411–1430.CrossrefGoogle Scholar
  • Coff RW (1997) Human assets and management dilemmas: Coping with hazards on the road to resource-based theory. Acad. Management Rev. 22(2):374–402.CrossrefGoogle Scholar
  • Conti R (2014) Do non‐competition agreements lead firms to pursue risky R&D projects? Strategic Management J. 35(8):1230–1248.CrossrefGoogle Scholar
  • Decker R, Haltiwanger J, Jarmin R (2014) The role of entrepreneurship in US job creation and economic dynamism. J. Econom. Perspect. 28(3):3–24.CrossrefGoogle Scholar
  • Diamond PA (1982) Aggregate demand management in search equilibrium. J. Political Econom. 90(5):881–894.CrossrefGoogle Scholar
  • Fallick B, Fleischman CA, Rebitzer JB (2006) Job-hopping in Silicon Valley: Some evidence concerning the microfoundations of a high-technology cluster. Rev. Econom. Statist. 88(3):472–481.CrossrefGoogle Scholar
  • Ganco M (2013) Cutting the Gordian knot: The effect of knowledge complexity on employee mobility and entrepreneurship. Strategic Management J. 34(6):666–686.CrossrefGoogle Scholar
  • Ganco M, Ziedonis RH, Agarwal R (2015) More stars stay, but the brightest ones still leave: Job hopping in the shadow of patent enforcement. Strategic Management J. 36(5):659–685.CrossrefGoogle Scholar
  • Garmaise MJ (2009) Ties that truly bind: Noncompetition agreements, executive compensation, and firm investment. J. Law Econom. Organ. 27(2):376–425.CrossrefGoogle Scholar
  • Gilson RJ (1999) The legal infrastructure of high technology industrial districts: Silicon Valley, Route 128, and covenants not to compete. NYU Law Rev. 74(3):575–629.Google Scholar
  • Greenhouse S (2014) Noncompete clauses increasingly pop up in array of jobs. New York Times (June 8), https://www.nytimes.com/2014/06/09/business/noncompete-clauses-increasingly-pop-up-in-array-of-jobs.html.Google Scholar
  • Groysberg B, Lee L (2009) Hiring stars and their colleagues: Exploration and exploitation in professional service firms. Organ. Sci. 20(4):740–758.LinkGoogle Scholar
  • Haveman HA, Cohen LE (1994) The ecological dynamics of careers: The impact of organizational founding, dissolution, and merger on job mobility. Amer. J. Sociol. 100(1):104–152.CrossrefGoogle Scholar
  • Hempel CG (1962) Deductive-nomological vs. statistical explanation. Feigl H, Marxwell G, eds. Scientific Explanation, Space, and Time, Minnesota Studies in the Philosophy of Science, vol. 3 (University of Minnesota Press, Minneapolis), 98–169.Google Scholar
  • Housman MG, Minor D (2015) Toxic workers. HBS Working Paper 16-057, Harvard Business School, Boston.Google Scholar
  • Jovanovic B (1979) Job matching and the theory of turnover. J. Political Econom. 87(5, Part 1):972–990.CrossrefGoogle Scholar
  • Jovanovic B (2015) Matching, turnover, and unemployment. J. Political Econom. 92(1):108–122.CrossrefGoogle Scholar
  • Kryscynski D, Starr E (2018) When do firms bundle carrot and stick mobility constraints? Working paper, Brigham Young University, Provo, UT.Google Scholar
  • Lavetti K, Simon CJ, White W (2019) The impacts of restricting mobility of skilled service workers: Evidence from physicians. J. Human Resources 37(2):187–204.Google Scholar
  • Lippman SA, Rumelt RP (1982) Uncertain imitability: An analysis of interfirm differences in efficiency under competition. Bell J. Econom. 13(2):418–438.CrossrefGoogle Scholar
  • Mahoney J, Qian L (2013) Market frictions as building blocks of an organizational economics approach to strategic management. Strategic Management J. 34(9):1019–1041.CrossrefGoogle Scholar
  • Marx M (2011) The firm strikes back. Amer. Sociol. Rev. 76(5):695–712.CrossrefGoogle Scholar
  • Marx M, Timmermans B (2017) Hiring molecules, not atoms: Comobility and wages. Organ. Sci. 28(6):1115–1133.LinkGoogle Scholar
  • Marx M, Strumsky D, Fleming L (2009) Mobility, skills, and the Michigan non-compete experiment. Management Sci. 55(6):875–889.LinkGoogle Scholar
  • Møen J (2005) Is mobility of technical personnel a source of R&D spillovers? J. Labor Econom. 23(1):81–114.CrossrefGoogle Scholar
  • Mortensen DT, Pissarides CA (1999) New developments in models of search in the labor market. Ashenfelter O, Card D, eds. Handbook of Labor Economics, vol. 3B (Elsevier, Amsterdam), 2567–2627.Google Scholar
  • Olson D (2017) Social comparison and compensation spillovers through multi-location firms. Working paper, University of Washington, Seattle.Google Scholar
  • Oster E (2017) Unobservable selection and coefficient stability: Theory and evidence. J. Bus. Econom. Statist., ePub ahead of print June 1, https://doi.org/10.1080/07350015.2016.1227711.Google Scholar
  • Png IPL (2017) Law and innovation: Evidence from state trade secrets laws. Rev. Econom. Statist. 99(1):167–179.Google Scholar
  • Postel-Vinay F, Robin J-M (2002) Equilibrium wage dispersion with worker and employer heterogeneity. Econometrica 70(6):2295–2350.CrossrefGoogle Scholar
  • Postel-Vinay F, Robin J-M (2004) To match or not to match? Rev. Econom. Dynam. 7(2):297–330.CrossrefGoogle Scholar
  • Prescott JJ, Starr E (2018) The accuracy and effects of beliefs about noncompete enforceability: Evidence from an information experiment. Working paper, University of Maryland, College Park.Google Scholar
  • Prescott JJ, Bishara N, Starr E (2016) Understanding noncompetition agreements: The 2014 Noncompete Survey Project. Michigan State Law Rev. 2016:369–464.Google Scholar
  • Rauch JE, Watson J (2015) Client-based entrepreneurship. J. Law Econom. Organ. 31(1):30–60.CrossrefGoogle Scholar
  • Rogerson R, Shimer R, Wright R (2005) Search-theoretic models of the labor market: A survey. J. Econom. Literature 43(4):959–988.CrossrefGoogle Scholar
  • Rider CI, Tan D (2015) Labor market advantages of organizational status: A study of lateral partner hiring by large U.S. law firms. Organ. Sci. 26(2):356–372.LinkGoogle Scholar
  • Rubinstein A, Wolinsky A (1985) Equilibrium in a market with sequential bargaining. Econometrica 53(5):1133–1150.CrossrefGoogle Scholar
  • Salmon WC (1989) Four Decades of Scientific Explanation (University of Minnesota Press, Minneapolis).Google Scholar
  • Salop SC (1979) A model of the natural rate of unemployment. Amer. Econom. Rev. 69(1):117–125.Google Scholar
  • Samila S, Sorenson O (2011) Noncompete covenants: Incentives to innovate or impediments to growth. Management Sci. 57(3):425–438.LinkGoogle Scholar
  • Saxenian A (1996) Regional Advantage (Harvard University Press, Cambridge, MA).CrossrefGoogle Scholar
  • Schultz TW (1961) Investment in human capital. Amer. Econom. Rev. 51(1):1–17.Google Scholar
  • Shimer R (2001) The impact of young workers on the aggregate labor market. Quart. J. Econom. 116(3):969–1007.CrossrefGoogle Scholar
  • Starr E (2019) Consider this: Training, wages, and the enforceability of covenants not to compete. Indust. Labor Relations Rev. 72(4):783–817.CrossrefGoogle Scholar
  • Starr E, Balasubramanian N, Sakakibara M (2018a) Screening spinouts? How noncompete enforceability affects the creation, growth, and survival of new firms. Management Sci. 64(2):552–572.LinkGoogle Scholar
  • Starr E, Prescott JJ, Bishara N (2018b) Noncompetes in the U.S. labor force. Working paper, University of Maryland, College Park.Google Scholar
  • Starr E, Prescott JJ, Bishara N (2018c) Noncompetes and employee mobility. Working paper, University of Maryland, College Park.Google Scholar
  • Stuart TE, Sorenson O (2003) Liquidity events and the geographic distribution of entrepreneurial activity. Admin. Sci. Quart. 48(2):175–201.CrossrefGoogle Scholar
  • Tan D, Rider CI (2017) Let them go? How losing employees to competitors can enhance firm status. Strategic Management J. 38(9):1848–1874.CrossrefGoogle Scholar
  • Topel RH, Ward MP (1992) Job mobility and the careers of young men. Quart. J. Econom. 107(2):439–479.CrossrefGoogle Scholar
  • Tziner A, Birati A (1996) Assessing employee turnover costs: A revised approach. Human Resource Management Rev. 6(2):113–122.CrossrefGoogle Scholar
  • White H (1970) Matching, vacancies, and mobility. J. Political Econom. 78(1): 97–105.CrossrefGoogle Scholar
  • Zelner BA (2009) Using simulation to interpret results from logit, probit, and other nonlinear models. Strategic Management J. 30(12):1335–1348.CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.