 The Effect of the Covid-19 Pandemic on Entrepreneurship: Is the Local Entrepreneur the “New Normal” Workforce?Sean P. Coary ()
Chapter Chapter 8 in Consumption, Production, and Entrepreneurship in the Time of Coronavirus, 2022, pp 153-177 from Springer Abstract: Abstract The Covid-19 pandemic has weakened the economy leading to massive unemployment and entire industries being put on lockdown. With millions of Americans either unemployed or underemployed, many turned to new business ventures. Whether starting their own company as an entrepreneur or serving a gig worker on a variety of service platforms, workers found creative ways to either enter or remain in the workforce. Understanding the motivations, opportunities, success rates and outcomes of these new business ventures are important for future entrepreneurs and industry experts. This chapter investigates the role of the gig economy and entrepreneurial activity during the Covid-19 pandemic. A literature review is conducted, and an employment survey of gig workers is conducted and analyzed. Workers’ motivations, industry statistics, business funding opportunities, goals of these workers and industry implications are discussed and analyzed. Keywords: Covid-19; Coronavirus; Entrepreneur; Gig economy (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-93169-8_8 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-93169-8_8 Access Statistics for this chapter More chapters in Springer Books from Springer |
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