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How Does the Gig Economy Support Entrepreneurship?
Abstract: Entrepreneurs take risks to develop new products and start new businesses. In the early phases of starting a business, when an entrepreneur’s income is sometimes lacking or unstable, the gig economy offers opportunities to supplement and smooth income. This Page One Economics® essay discusses this relationship, including some interesting research on the topic.
Keywords: entrepreneurship; gig economy; income;
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Provider: Federal Reserve Bank of St. Louis
Part of Series: Page One Economics Newsletter
Publication Date: 2024-04
Pages: 5 pages