I am reading Walter Isaacson’s doorstop biography of Steve Jobs. As he is being kicked out of Apple in the mid-80s, Jobs decides to form another computer company (NeXT) and takes five top performers from the Macintosh team with him.
This could not happen in Massachusetts because of the enforcability of non-compete clauses here. It is a major block on innovation that serves the interests of institutions and established businesses in the state.
To really thrive and use the energy of the young people here, we need a business climate where young companies can form, rise up and kill the old ones. Too much of our wealthy political establishment is set on maintaining the old companies.