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In: Regional studies, Band 51, Heft 3, S. 404-413
ISSN: 0034-3404
In: Technological forecasting and social change: an international journal, Band 114, S. 254-280
ISSN: 0040-1625
In: Regional studies: official journal of the Regional Studies Association, Band 51, Heft 3, S. 404-413
ISSN: 1360-0591
In: Edward Elgar E-Book Archive
In: New horizons in intellectual property
1. Introduction -- 2. The intangible economy -- 3. Patent information and corporate credit ratings : an empirical study of patent valuation by credit rating agencies -- 4. IPR management and company valuation in the pharmaceutical industry : an exploratory study -- 5. IPR management, corporate disclosures, and stock market valuations in the pharmaceutical industry -- 6. Towards forward-looking financial reporting.
In: Oxford review of economic policy, Band 34, Heft 3, S. 418-442
ISSN: 1460-2121
In: World Intellectual Property Organization (WIPO) Economic Research Working Paper Series No. 21
SSRN
In: Economic policy, Band 34, Heft 99, S. 429-477
ISSN: 1468-0327
SUMMARYWe study the rise of the so-called 'gig economy' through the lens of Uber and its drivers in the United Kingdom. Using administrative data from Uber and a new representative survey of London drivers, we explore their backgrounds, earnings, and subjective well-being. We find that the vast majority of Uber drivers are male immigrants, primarily drawn from the bottom half of the London income distribution. Most transitioned out of permanent part- or full-time jobs and about half of drivers' report that their incomes increased after partnering with Uber. After covering vehicle operation costs and Uber's service fee, we estimate that the median London driver earns about £11 per hour spent logged into the app. But while Uber drivers remain at the lower end of the London income distribution, they report higher levels of life satisfaction than other workers. Consistent with a trade-off between evaluative and emotional well-being observed among the self-employed, they also report higher anxiety levels. We hypothesize that the higher life satisfaction among Uber drivers partly reflects their preferences for flexibility and the autonomy that the platform offers. We provide suggestive evidence showing that drivers who emphasize flexibility as an important motivation to join Uber also report higher levels of subjective well-being. However, a minority of drivers who report that they would prefer work as an employee report lower levels of life satisfaction and higher levels of anxiety. Overall, our findings highlight the importance of non-monetary factors in shaping the welfare of workers in the gig economy.