Fueling the Gig Economy: A Case Study Evaluation of Upwork.com
Author(s) -
Daryl D. Green,
Craig Walker,
Abdulrahman Alabulththim,
Daniel Smith,
Michele Phillips
Publication year - 2018
Publication title -
management and economics research journal
Language(s) - English
Resource type - Journals
ISSN - 2469-4339
DOI - 10.18639/merj.2018.04.523634
Subject(s) - gig economy , outsourcing , business , globalization , power (physics) , sharing economy , marketing , economy , market economy , economics , service economy , world wide web , computer science , physics , quantum mechanics
With recent downsizing of talented professionals and the power of globalization to provide opportunities for more underdeveloped countries, the gig economy is a source of influence in today’s generation of professionals. Online outsourcing media have shown to be valuable resources for companies who need a specific set of skills for a limited period. This case study evaluates Upwork.com, one of the leading freelance websites in the gig economy; this article provides insights on how others should evaluate the power of this new economy in terms of opportunities for small businesses, entrepreneurs, and freelancers. Upwork has led the pack by providing a flexible platform for freelancersworldwide, including coders, writers, and web developers, putting businesses in touch with reasonably priced workers. The study begins by exploring the attributes of the gig economy. Data collection is achieved through qualitative analysis. The application of these conclusions could increase the survival rate of new freelancers on Upwork.com and in thegig economy. The study is significant because this research widens contemporary assumptions about strategic thinking for individuals engaged in e-commerce.
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