Risk in Contemporary Economy (Jun 2018)

Freelancing, the solution of employees in the context of the technological revolution

  • Daniela DAMIAN

DOI
https://doi.org/10.26397/RCE2067053231
Journal volume & issue
no. 1
pp. 276 – 280

Abstract

Read online

In the digital era of advanced technology, the economy was influenced by the fluctuation of information in the cyberspace, under the two concepts of hard and soft. As far as freelancers are concerned, in 2008 there was an international crisis, through the bankruptcy of some renowned corporations, resulting in the collapse of the American and European currencies. Thus, organizations have shifted towards outsourcing and freelancing, moving from permanent human capital in several aspects of the working environment, to independent human capital. Workforce dynamics is a privilege in the current economy, through fintech-crypto-coins, new trading systems, AI and automatic learning. That's why Fintechs have an essential contribution to the contemporary business world, re-evaluating the importance of businesses and freelancers from a networking perspective. The professional components of freelancers, such as experience, reputation, innovation and opportunity to fund the idea have the equivalence in achieving the path towards an entrepreneurial career.