IDEAS home Printed from https://ideas.repec.org/a/ehu/cuader/69653.html
   My bibliography  Save this article

The role of Passion and Self-Efficacy in entrepreneurial activities in the gig economy: An Unsupervised Machine Learning Analysis with Topic Modeling

Author

Listed:
  • Silva, Bruno C.
  • Carrizo Moreira, António

Abstract

[EN] This research examines passion and self-efficacy through experience and knowledge, as motivational factors that support entrepreneurs within the gig economy (GE). It sheds light on entrepreneurs’ sources of passion in the GE literature. The sample is composed of all the 1164 entrepreneurship activities offered worldwide through Airbnb, Tour by Locals, and Withlocals on 5 May 2022. The study is supported by unsupervised machine learning models and seeks to find latent topics emerging from the analysis of the entrepreneurs’ descriptions and exposes the main correlated clustered dimensions. There are six main motivators behind GE platforms as a first step toward entrepreneurship: Experience, Passion for share, Knowledge, Classic traditions, Empowered community and local activities, and Well-being. It also confirms the correlation between passion and self-efficacy through experience, pointing them as main factors behind entrepreneurship in the GE. Five of the six sources of passion previously pointed by theory were found: Passion for growth, for people, for product/service, for innovation and for social mission. This study discloses self-efficacy and the sources of passion and points directions to practitioners involved in entrepreneurial activities in the GE ecosystem. This work used machine learning models to access quantitatively a paradigm that is inductive by nature. The results point to well-being as a significant factor to be addressed in future research regarding entrepreneurship. This research only studies individuals involved in the GE; as such, further studies should cohort new populations from different fields.

Suggested Citation

  • Silva, Bruno C. & Carrizo Moreira, António, 2024. "The role of Passion and Self-Efficacy in entrepreneurial activities in the gig economy: An Unsupervised Machine Learning Analysis with Topic Modeling," Cuadernos de Gestión, Universidad del País Vasco - Instituto de Economía Aplicada a la Empresa (IEAE).
  • Handle: RePEc:ehu:cuader:69653
    as

    Download full text from publisher

    File URL: https://addi.ehu.es/handle/10810/69653
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ehu:cuader:69653. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alcira Macías Redondo (email available below). General contact details of provider: https://edirc.repec.org/data/ieahues.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.