--- title: "Meaning & Key Takeaway of: Start-ups are historically a key driver…" description: "\"Start-ups are historically a key driver of job creation and innovation, but several studies have found that noncompetes reduce entrepreneurship and sta..." image: "https://sms4smile.com/quotes/i/e17/lina-khan-5808_business_start-ups-are-historically-a-key-driver_872037.jpg" --- # Start-ups are historically a key driver of job creation… ![“Start-ups are historically a key driver of job creation and innovation, but several studies have found that noncompetes reduce entrepreneurship and start-up formation. How can a new business break into the market if all of the qualified workers are locked in? Or if the would-be founder is bound by…” quote by Lina Khan](https://sms4smile.com/quotes/i/e17/lina-khan-5808_business_start-ups-are-historically-a-key-driver_872037.jpg) [Download](https://sms4smile.com/quotes/i/e17/lina-khan-5808_business_start-ups-are-historically-a-key-driver_872037.jpg) [Open image](https://sms4smile.com/quotes/i/e17/lina-khan-5808_business_start-ups-are-historically-a-key-driver_872037.jpg) > “Start-ups are historically a key driver of job creation and innovation, but several studies have found that noncompetes reduce entrepreneurship and start-up formation. How can a new business break into the market if all of the qualified workers are locked in? Or if the would-be founder is bound by a noncompete?” [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Noncompete clauses hinder new business formation by restricting skilled workers and founders, limiting competition and innovation. **In simple terms:** Noncompetes block talent and founders from starting new ventures. Key Takeaway Reform or limit noncompetes to boost entrepreneurship. Themes competition innovation labor markets entrepreneurship regulation Mood concerned analytical Type policy economic When to use this quote - startup launch - talent recruitment - founder transition - policy advocacy Key Concepts noncompete effects market entry barriers talent mobility Questions to Reflect On - How can policy balance protection of business interests with fostering competition? - What alternatives exist to noncompetes for preserving proprietary information? A Different Perspective Noncompetes may be justified to protect trade secrets or investment. ★ ★ ★ ★ ★ No ratings yet [Business](https://sms4smile.com/quotes/about/business/) [Creation](https://sms4smile.com/quotes/about/creation/) [Customer](https://sms4smile.com/quotes/about/customer/) [Entrepreneurship](https://sms4smile.com/quotes/about/entrepreneurship/) [Innovation](https://sms4smile.com/quotes/about/innovation/) ## Related quotes > [Education around entrepreneurship should start early, at secondary level, and be very robust by college level.](https://sms4smile.com/quotes/stephen-a-schwarzman/education-around-entrepreneurship-should-start-early-at-secondary/) [Stephen A. Schwarzman](https://sms4smile.com/quotes/author/stephen-a-schwarzman/) > [One of the effects of antitrust becoming a more technocratic enterprise and arcane over the last few decades has been that in the public,…](https://sms4smile.com/quotes/lina-khan/one-of-the-effects-of-antitrust-becoming-a-more-technocratic/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [I have seen the way a conglomerate works. My personal calling was in start-ups, so I built my own start-up.](https://sms4smile.com/quotes/ananya-birla/i-have-seen-the-way-a-conglomerate-works-my-personal-calling-was-in/) [Ananya Birla](https://sms4smile.com/quotes/author/ananya-birla/) > [I think there are too many start-ups and not enough real companies.](https://sms4smile.com/quotes/esther-dyson/i-think-there-are-too-many-start-ups-and-not-enough-real-companies/) [Esther Dyson](https://sms4smile.com/quotes/author/esther-dyson/) > [The best policymakers know that in start-ups, as in politics, not everything works out exactly as planned.](https://sms4smile.com/quotes/andrew-yang/the-best-policymakers-know-that-in-start-ups-as-in-politics-not/) [Andrew Yang](https://sms4smile.com/quotes/author/andrew-yang/) > [Start-ups should be hunch-driven early on and data-driven as they scale.](https://sms4smile.com/quotes/fred-wilson/start-ups-should-be-hunch-driven-early-on-and-data-driven-as-they/) [Fred Wilson](https://sms4smile.com/quotes/author/fred-wilson/) > [“It’s a philosophy promoted by Silicon Valley start-ups that the best people are those who don’t know that something “can’t be done,” and therefore…](https://sms4smile.com/quotes/richard-l-brandt/it-s-a-philosophy-promoted-by-silicon-valley-start-ups-that-the-best/) [Richard L. Brandt](https://sms4smile.com/quotes/author/richard-l-brandt/) > [Books about technology start-ups have a pattern. First, there's the grand vision of the founders, then the heroic journey of producing new worlds from…](https://sms4smile.com/quotes/kate-crawford/books-about-technology-start-ups-have-a-pattern-first-there-s-the/) [Kate Crawford](https://sms4smile.com/quotes/author/kate-crawford/) > [There's a reason why start-ups, especially disruptive start-ups - like Google or Amazon or Uber - are full of young people. That's because young…](https://sms4smile.com/quotes/richard-thaler/there-s-a-reason-why-start-ups-especially-disruptive-start-ups-like/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [In terms of intellectual property, so many of the job creators I know are start-ups. In the IP setting, we can meaningfully improve on…](https://sms4smile.com/quotes/tom-perez/in-terms-of-intellectual-property-so-many-of-the-job-creators-i-know/) [Tom Perez](https://sms4smile.com/quotes/author/tom-perez/) > [In the absence of big budgets, start-ups learned how to hack the system to build their companies.](https://sms4smile.com/quotes/micah-baldwin/in-the-absence-of-big-budgets-start-ups-learned-how-to-hack-the/) Micah Baldwin > [If you look at the Internet, the vast majority of start-ups are not successful. But the ones that are, are very very successful. So…](https://sms4smile.com/quotes/evan-williams/if-you-look-at-the-internet-the-vast-majority-of-start-ups-are-not/) [Evan Williams](https://sms4smile.com/quotes/author/evan-williams/) > [On the back end, software programming tools and Internet-based services make it easy to launch new global software-powered start-ups in many industries - without…](https://sms4smile.com/quotes/marc-andreessen/on-the-back-end-software-programming-tools-and-internet-based/) [Marc Andreessen](https://sms4smile.com/quotes/author/marc-andreessen/) > [One of the biggest advantages that start ups have is execution speed and you have to have this relentless operating rhythm.](https://sms4smile.com/quotes/sam-altman/one-of-the-biggest-advantages-that-start-ups-have-is-execution-speed/) [Sam Altman](https://sms4smile.com/quotes/author/sam-altman/) > [Microsoft, Disney, Ford, Facebook, and a hundreds and thousands of other companies that affect us daily all began life as baby companies, aka start-ups.](https://sms4smile.com/quotes/fabrizio-moreira/microsoft-disney-ford-facebook-and-a-hundreds-and-thousands-of-other/) [Fabrizio Moreira](https://sms4smile.com/quotes/author/fabrizio-moreira/) ## More by Lina Khan > [Antitrust is really about making sure that companies are succeeding by competing on the merits.](https://sms4smile.com/quotes/lina-khan/antitrust-is-really-about-making-sure-that-companies-are-succeeding/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [I think we need to be very wary of systems where it's the public that is carrying the burden of doing cleanup.](https://sms4smile.com/quotes/lina-khan/i-think-we-need-to-be-very-wary-of-systems-where-it-s-the-public-that/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [If you look at the antitrust lawsuit against IBM, the antitrust lawsuit against AT&T, the antitrust lawsuit against Microsoft, each of those ended up…](https://sms4smile.com/quotes/lina-khan/if-you-look-at-the-antitrust-lawsuit-against-ibm-the-antitrust/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [A market in which the only ideas that are ever brought to market are the ideas that you think will be appealing to the…](https://sms4smile.com/quotes/lina-khan/a-market-in-which-the-only-ideas-that-are-ever-brought-to-market-are/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [I'm grateful that the FTC is viewed as a leader internationally and all credit goes to our terrific staff at the office of international…](https://sms4smile.com/quotes/lina-khan/i-m-grateful-that-the-ftc-is-viewed-as-a-leader-internationally-and/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [The FTC is entirely pro-innovation, and a lot of our work is about ensuring that companies are able to compete in a fair way…](https://sms4smile.com/quotes/lina-khan/the-ftc-is-entirely-pro-innovation-and-a-lot-of-our-work-is-about/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [If we want a healthier, more diverse market - and more variety in our Halloween buckets - we could start by reviving some of…](https://sms4smile.com/quotes/lina-khan/if-we-want-a-healthier-more-diverse-market-and-more-variety-in-our/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [Our obligation is to preserve competition and make sure that mergers are not unlawfully lessening competition.](https://sms4smile.com/quotes/lina-khan/our-obligation-is-to-preserve-competition-and-make-sure-that-mergers/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [In the technology markets, we went through a couple of decades where we saw over 800 acquisitions by the five big players, not a…](https://sms4smile.com/quotes/lina-khan/in-the-technology-markets-we-went-through-a-couple-of-decades-where/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [It's no surprise to me personally that monopolists, and executives associated with monopolies, would prefer that the anti-monopoly cops just go away. But that's…](https://sms4smile.com/quotes/lina-khan/it-s-no-surprise-to-me-personally-that-monopolists-and-executives/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [I'll say, as a general matter, we follow the facts where they take us. And there are certainly matters, when they first hit my…](https://sms4smile.com/quotes/lina-khan/i-ll-say-as-a-general-matter-we-follow-the-facts-where-they-take-us/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [At a basic level, I'm interested in imbalances in market power and how they manifest. That's something you can see not just in tech…](https://sms4smile.com/quotes/lina-khan/at-a-basic-level-i-m-interested-in-imbalances-in-market-power-and-how/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [One of the effects of antitrust becoming a more technocratic enterprise and arcane over the last few decades has been that in the public,…](https://sms4smile.com/quotes/lina-khan/one-of-the-effects-of-antitrust-becoming-a-more-technocratic/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [Going back all the way to the founding, there was a recognition that in the same way that you need the Constitution to create…](https://sms4smile.com/quotes/lina-khan/going-back-all-the-way-to-the-founding-there-was-a-recognition-that/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) > [What we hear day-in, day-out is that people too often feel like they're not getting a fair shake in the market.](https://sms4smile.com/quotes/lina-khan/what-we-hear-day-in-day-out-is-that-people-too-often-feel-like-they/) [Lina Khan](https://sms4smile.com/quotes/author/lina-khan/) [Explore all 100 Lina Khan quotes ](https://sms4smile.com/quotes/author/lina-khan/) ## More Business quotes > [Companies with cultures that celebrate diverse opinions and encourage the exchange of ideas have an advantage when solving difficult problems. A company that doesn't…](https://sms4smile.com/quotes/doug-mcmillon/companies-with-cultures-that-celebrate-diverse-opinions-and-encourage/) [Doug McMillon](https://sms4smile.com/quotes/author/doug-mcmillon/) > [You can laugh at me, but I understand show business.](https://sms4smile.com/quotes/ksenia-sobchak/you-can-laugh-at-me-but-i-understand-show-business/) [Ksenia Sobchak](https://sms4smile.com/quotes/author/ksenia-sobchak/) > [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Take some books and read; that’s an immense help; and books are always good company if you have the right sort.”](https://sms4smile.com/quotes/louisa-may-alcott/take-some-books-and-read-that-s-an-immense-help-and-books-are-always/) [Louisa May Alcott](https://sms4smile.com/quotes/author/louisa-may-alcott/) > [I'm a business first and foremost so whatever my business is, it's separate from my personal. It's like whatever I do business wise, it's…](https://sms4smile.com/quotes/snoop-dogg/i-m-a-business-first-and-foremost-so-whatever-my-business-is-it-s/) [Snoop Dogg](https://sms4smile.com/quotes/author/snoop-dogg/) > [Many early-stage entrepreneurs make one simple mistake: Describing this 'big picture' in vague concepts and words.](https://sms4smile.com/quotes/sunil-nagaraj/many-early-stage-entrepreneurs-make-one-simple-mistake-describing/) [Sunil Nagaraj](https://sms4smile.com/quotes/author/sunil-nagaraj/) > [Nobody has a crystal ball, and part of evolving a business plan is to say, 'I might have said we're going left, but I…](https://sms4smile.com/quotes/ryan-kavanaugh/nobody-has-a-crystal-ball-and-part-of-evolving-a-business-plan-is-to/) [Ryan Kavanaugh](https://sms4smile.com/quotes/author/ryan-kavanaugh/) > [I think a business guy is different from an artist. They walk different paths. Artists create the best outputs when they're having fun. And…](https://sms4smile.com/quotes/g-dragon/i-think-a-business-guy-is-different-from-an-artist-they-walk/) [G-Dragon](https://sms4smile.com/quotes/author/g-dragon/) > [ “\[S\]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once,… ](https://sms4smile.com/quotes/nora-ephron/s-ometimes-when-you-are-a-food-person-the-possible-irrelevance-of/) [Nora Ephron](https://sms4smile.com/quotes/author/nora-ephron/) > [If you have a different mindset, you will have a different outcome: if you make different choices from your peers, your life will then…](https://sms4smile.com/quotes/jack-ma/if-you-have-a-different-mindset-you-will-have-a-different-outcome-if/) [Jack Ma](https://sms4smile.com/quotes/author/jack-ma/) > [“Some say the Earth is angry Because he wants no company; I say the Earth is angry Because he lives alone.”](https://sms4smile.com/quotes/n-k-jemisin/some-say-the-earth-is-angry-because-he-wants-no-company-i-say-the/) [N.K. Jemisin](https://sms4smile.com/quotes/author/n-k-jemisin/) > [ If the State does not acquire supremacy over \[vast private\] enterprises, it becomes their puppet, and they become the real State. ](https://sms4smile.com/quotes/bertrand-russell/if-the-state-does-not-acquire-supremacy-over-vast-private-enterprises/) [Bertrand Russell](https://sms4smile.com/quotes/author/bertrand-russell/) > [It's not just that families can't buy a home or start a business without some savings tucked away.](https://sms4smile.com/quotes/jim-cooper/it-s-not-just-that-families-can-t-buy-a-home-or-start-a-business/) [Jim Cooper](https://sms4smile.com/quotes/author/jim-cooper/) > [I'm not into business at all.](https://sms4smile.com/quotes/freddie-mercury/i-m-not-into-business-at-all/) [Freddie Mercury](https://sms4smile.com/quotes/author/freddie-mercury/) > [I've long believed one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation…](https://sms4smile.com/quotes/ronald-reagan/i-ve-long-believed-one-of-the-mainsprings-of-our-own-liberty-has-been/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) [Browse all 39,016 Business quotes ](https://sms4smile.com/quotes/about/business/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Start-ups are historically a key driver of job creation and innovation, but several studies have found that noncompetes reduce entrepreneurship and start-up formation. 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