That protection has fostered a thriving venture capital industry to finance the nascent ideas of budding entrepreneurs and has motivated existing businesses to invest some of their profits in research development. The real income earned by a worker depends importantly on his or her intelligence and skill.
The capacity of workers, after being displaced, to find a new job that will eventually provide nearly comparable pay most often depends on the general knowledge of the worker and the ability of that individual to learn new skills. Even in the best of circumstances, discharged workers experience some loss of income in a transition to a new job and the associated new skills.