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5 Va. J.L. & Tech. 1 (2000)
A Comparison of the Enforceability of Covenants Not to Compete and Recent Economic Histories of Four High Technology Regions

handle is hein.journals/vjolt5 and id is 352 raw text is: 5 Va. J.L. & Tech. 14 (2000), at http://www.vjolt.net
1522-1687 / C 2000 Virginia Journal of Law and Technology Association
VIRGINIA JOURNAL of LAW and TECHNOLOGY
UNIVERSITY OF VIRGINIA          FALL 2000             5 VA. J.L. & TECH. 14
A Comparison of the Enforceability of Covenants Not to Compete and
Recent Economic Histories of Four High Technology Regions
By Jason S. Wood'
I.    Introduction
It.    A Tale of Two Cities.- Two Competing Views of High Technology District Development
A.    Saxenan Regional Advanage
B.     Professor Gilson's View
C.    Does Gilson's A
III.  The Law of Noncompetition Agreements
A.    California and Section 16600. Unenforceabilitv of Covenants Not to Compete
B.     Massachusetts. Enforceable Noncompetes
C.    North Carolina: Enforceability  With a Twist
D.    Texas: A Tortured History of the Enforceability of Nocomete
E.     Inevitable Disclosure
F.     Summary
IV.    Business Growth
A.    Massachusetts
B.     North Carolina and the Research Triangle
C.    Austin
D.    Summary
V.    Venture Capital Investment
VI.    Creating Knowledge Spillovers: Role of State/Local Activism in Solving the Collective Action
Problem
A.    Silicon Valley vs. Boston
B.     RTP & Austin
VII.   Conclusion
I. Introduction
1. Despite recent shakeups in the NASDAQ and growing concern about the valuation of technology stocks,
no one would question that the Internet, for which the Silicon Valley is ground zero, and technology-
based industries have fueled fantastic economic growth over the last few years. Though most of our
country has shared these prosperous times to some extent, some regions have been at the forefront of this

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