The purpose of this paper is to address ethical and legal issues relating to employment contracts and the effect on knowledge transfer.
Relevant literature for business competition, learning and knowledge management and ethics were reviewed to prepare this paper.
This paper was an opportunity to express an opinion that employment contracts should reflect economic realities of both the employer and the employed to encourage high‐ethical standards.
Employers and the employed may be encouraged to forthrightly discuss issues relating to ethics and competition in light of changing economic conditions.
This paper offers a self‐help perspective for employees, making them more aware of employment contract terms and responsibilities. Employers may be encouraged to craft more progressive contracts to not only protect business proprietary information and maintain ethical integrity, but also assist employees in taking control of their futures.
