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How Does the Gig Economy Support Entrepreneurship?

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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.

Suggested Citation

  • Scott A. Wolla, 2024. "How Does the Gig Economy Support Entrepreneurship?," Page One Economics Newsletter, Federal Reserve Bank of St. Louis, pages 1-5, April.
  • Handle: RePEc:fip:fedlpo:98097
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