Tech industry leaders are vowing to push on with their campaign to ban non-compete agreements and increase their involvement in politics — including the governor's race — after an amendment to limit them failed to make the final version of the Legislature's economic development bill.
"So many of these folks know very, very little about our tech and health care communities," said C.A. Webb, executive director of the New England Venture Capital Association, which led the effort to implement a ban. "It's really incumbent on us to educate them."
The sequel to an overwhelmingly successful campaign a year ago that repealed the "tech tax," the movement to ban noncompete agreements saw many venture capitalists, CEOs and community leaders join together.
The amendment that was left out of the final bill would have banned the agreements for hourly employees and limited them to six months.
For some who pushed for the changes, the outcome reflects a lack of knowledge in the Legislature about the tech sector. One key misunderstanding about the tech industry, Webb said, is the common ebb and flow of employees between established companies and startups, which is directly affected by noncompete agreements.
"I think there was very limited understanding," Webb said.
She said the fight over noncompetes has set the stage for the tech industry to become more involved in politics, including this fall's governor's race.
Still, legislators have been largely willing and eager to learn about the industry, Webb said.
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