Surviving in Global Online Labor Markets for IT Services: A Geo-Economic Analysis

Global on-line hard work markets (OLMs) decrease the boundaries to access and allow international opposition for statistics technology (IT) offerings from vendors across the world. Although the earlier OLM literature predominantly determined systematic blessings for IT provider vendors from evolved nations due to their better perceived pleasant, the fact is that maximum provider vendors in OLM are from growing nations. This phenomenon calls for a sturdy evaluation of ways OLMs are evolving. In this study, we behavior a geo-financial evaluation on IT provider vendors’ survival using a completely unique longitudinal panel information set from an OLM, which contains 40,874 IT provider vendors from exceptional nations over a length of extra than 4 years (2006 to 2010). Based on consequences from Survival fashions and a sequence of robustness checks, we have been capable of decipher how geo-financial factors (especially the us of a improvement level) and popularity engage to decide provider vendors’ survival. Our findings offer a exceptional angle from the earlier literature on OLM via way of means of displaying a scientific benefit for IT provider vendors from growing nations in phrases of survival, specifically while vendors from growing nations have been capable of sign their character pleasant thru popularity. We give an explanation for and speak the mechanisms underlying those effects, and spotlight implications for OLMs for IT offerings.

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