International Journal of Entrepreneurship (Print ISSN: 1099-9264; Online ISSN: 1939-4675)

Abstract

Challenges and limitations of GIG economy and possible implications for education

Author(s): Vlado Radic, Marija Markovic-Blagojevic, Mirjana Radovic-Markovic, Mirjana Stevanovic, Nikola Radic, Zorana Nikitovic

In this research, the authors tried to discover the extent to which the inclusion of young people in the gig economy is challenging, what are the advantages and disadvantages, as well as the possible implications for the education sector. Accordingly, the authors conducted a survey among 199 students who completed higher vocational and faculty education. The authors first gave a theoretical background to the problem, and then proposed a research methodology. The paper concludes that participation in the gig economy is a logical path for young people who are unemployed or whose income in traditional jobs is insufficient. The need to redefine the curriculum at faculties and universities, as well as the legal regulation of work in the gig economy, is pointed out. Entrepreneurial education and gaining the necessary experience can lead to a reduction in unemployment, as well as incomes for countries that are not small

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