Noah Smith: How Texas can become the next Silicon Valley northwestgeorgianews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from northwestgeorgianews.com Daily Mail and Mail on Sunday newspapers.
Texas is making another bid to become America’s technology hub. It will be an uphill battle, to put it mildly. But one seemingly small policy tweak could give the state a big boost in its quest to lure the tech industry: banning the enforcement of noncompete agreements.
In the 1970s, Austin, T
The urban dysfunction of the San Francisco Bay Area in the United States and a desire for lower taxes have prompted some tech companies and investors to move from the Bay to Austin, Texas. Pictured here is the Texas state flag. Ray Shrewsberry/Pixabay
Texas is making another bid to become America’s technology hub. It will be an uphill battle, to put it mildly. But one seemingly small policy tweak could give the state a big boost in its quest to lure the tech industry: banning the enforcement of noncompete agreements.
In the 1970s, Austin established itself as a technology cluster but never attained the heights of Silicon Valley or Seattle. To do that, a city needs a critical mass of talented engineers, big employers and venture capital. Now, the urban dysfunction of the San Francisco Bay Area and a desire for lower taxes have prompted some tech companies and investors to move from the Bay to Austin. Elon Musk’s companies, Tesla and SpaceX, are probably the most notable big c
How Texas Can Become the Next Silicon Valley 1490wosh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1490wosh.com Daily Mail and Mail on Sunday newspapers.