Sharing Economy Business Models: Informational Services Innovation and Disruption in Uber and Airbnb

2021 ◽  
pp. 521-540
Author(s):  
Lucia Šepeľová ◽  
Jennifer R. Calhoun ◽  
Michaela Straffhauser-Linzatti
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Services Innovation

scholarly journals Sustainable Business Models – What Do Management Theories Say?

2016 ◽  
pp. 62-72
Author(s):  
Gyula Zilahy
Keyword(s):  
Business Models ◽  
Industrial Ecology ◽  
Explanatory Power ◽  
Sharing Economy ◽  
Sharp Reduction ◽  
Sustainable Business ◽  
Resource Based View ◽  
Theoretical Approaches ◽  
Sustainable Business Models ◽  
Theoretical Foundations

Literature describing the notion and practice of business models has grown considerably over the last few years. Innovative business models appear in every sector of the economy challenging traditional ways of creating and capturing value. However, research describing the theoretical foundations of the field is scarce and many questions still remain. This article examines business models promoting various aspects of sustainable development and tests the explanatory power of two theoretical approaches, namely the resource based view of the firm and transaction cost theory regarding their emergence and successful market performance. Through the examples of industrial ecology and the sharing economy the author shows that a sharp reduction of transaction costs (e.g. in the form of internet based systems) coupled with resources widely available but not utilised before may result in fast growing new markets. This research also provides evidence regarding the notion that these two theoretical approaches can complement each other in explaining corporate behaviour.

scholarly journals The sharing economy: Uber and its effect on taxi companies

2018 ◽  
Vol 16 (28) ◽  
Author(s):  
Lana Pepić
Keyword(s):  
Price Competition ◽  
Business Models ◽  
Legal Status ◽  
Sharing Economy ◽  
Fixed Costs ◽  
Transportation Services ◽  
Fair Competition ◽  
Reduced Costs ◽  
Taxi Industry ◽  
The Right

The popular ride sharing service Uber has undoubtedly affected the taxi industry by offering lower prices, faster and more quality service, as well as a higher degree of transparency in terms of choosing drivers and determining fares. A question arises inevitably: does Uber present loyal or unloyal price competition to taxi companies by offering significantly lower prices, cutting fixed costs and bypassing middlemen? Is there a tax loophole at play? The hypothesis this paper aims to examine is whether Uber is a new way of providing transportation services, thus bringing more transparency and fair competition to the industry, or it is a disruptor on a previously fair market. If the second case is correct, not all hope should be lost - perhaps with the right amount of regulation, Uber could become a new standard in service transportation.This paper is divided into three parts. The first part briefly explores the concept of the sharing economy; a relatively new term and even newer foundation for business models of contemporary startups. Special significance is given to the reduced costs in companies which operate based on the sharing economy versus the so-called traditional companies. The second part of the paper examines Uber’s business model through costs, thepricing system, driver earnings and working conditions. Finally, the thirdpart of the paper estimates the present and future impact of Uber on traditionaltaxi companies, taking into account its legal status, competition andthe changing labor market.

scholarly journals Sustainable development and sharing economy: A bibliometric analysis

2021 ◽  
Vol 19 (4) ◽  
pp. 1-19
Author(s):  
Ruihui Pu ◽  
Xiang Li ◽  
Pujiayi Chen
Keyword(s):  
Sustainable Development ◽  
Smart Grids ◽  
Business Models ◽  
Sustainable Consumption ◽  
Sharing Economy ◽  
Research Trend ◽  
Urban Mobility ◽  
Sustainable Business ◽  
Academic Communities ◽  
Sustainable Business Models

Sustainability promotes a feasible strategy to achieve a continuous development of the economy, society, and environment. This study aims to analyze the growing efforts on researches made by academic communities in exploring the sharing economy as a potential approach to promote sustainable development. A bibliometric approach with VOSviewer and COOC analysis was applied. A total number of 975 published articles were analyzed in this study. As a result, it was found that few studies have shed light on collaborative and sustainable consumption, climate change, and bioeconomy in the sharing economy by country, such as renewable resources and business models, circular economy in China, and life cycle assessment, particularly taking evidence from the urban mobility services in China. It was also revealed that there is a new indiscipline research trend in the field of sustainable development such as sustainable business models, game theory, blue economy, peer-to-peer accommodation, smart grids, and electric vehicles. Other trend concentrates on technological advancements and policies to promote sustainable development in the sharing economy.

A Compass for Navigating Sharing Economy Business Models

2018 ◽  
Vol 61 (1) ◽  
pp. 114-147 ◽  
Author(s):  
Pablo Muñoz ◽  
Boyd Cohen
Keyword(s):  
Business Model ◽  
Research Program ◽  
Business Models ◽  
Sharing Economy

The sharing economy has emerged in recent years as a disruptive approach to traditional business models. Drawing on a multi-year research program and a design-based methodology, this article introduces a framework and generative tool called the Sharing Business Model Compass. As an actionable framework, the Compass helps elucidate the multiple, innovative forms sharing economy businesses are adopting. As a generative tool, it enables entrepreneurs, investors, incubators, and incumbents interested in entering the sharing economy to create, present, and evolve a compelling sharing business model as well as evaluate its extent of robustness.

Legitimacy building of digital platforms in the informal economy: evidence from Indonesia

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Eko Heru Prasetyo
Keyword(s):  
Informal Economy ◽  
Chief Executive Officers ◽  
Business Models ◽  
Chief Executive ◽  
Sharing Economy ◽  
Bottom Of The Pyramid ◽  
Content Type ◽  
Digital Platforms ◽  
Executive Officers ◽  
Start Ups

Purpose This study aims to investigate how digital entrepreneurs develop platforms business models under an unregulated market and what approach they take to address informal economy (IE) activities. Design/methodology/approach The author used a qualitative method by interviewing sixteen respondents, including founders, Chief Executive Officers, and managers of digital-driven start-ups in Indonesia. I then analysed the interviews into several codes and themes for further discussion. Findings This study reveals distinctive approaches performed by startups within three-level institutions, namely, users, market and regulation. Each level represents digital entrepreneurs’ unique behaviour, which the author described as collective, narrative and compliant. Research limitations/implications This paper demonstrates that digital entrepreneurs leveraging informal sectors contribute to the process of formalisation. However, the author emphasise less on how it impacts informality and who receives incentives. Practical implications This study suggests appropriate strategies for entrepreneurs who build and develop a platform beyond immature setting and unveils different directions to comprehend their legitimacy building. Social implications This study also elucidates political implications such as how the dynamics between regulators’ response and entrepreneurs’ reaction shape the new regulative environment. An idea of self-regulate – entrepreneurs as actors instead of a subject of regulation – might be suitable to reflect how they overcome the bottom of the pyramid using technology innovation. Originality/value While previous studies focused primarily on sharing economy, this study provides a different array of discussion on the digitalisation of the informal economy in emerging markets.

Increased Value Through Sharing in Multi-Sided Markets

2019 ◽  
pp. 907-924
Author(s):  
Nina Tura ◽  
Aino Kuitunen ◽  
Lauri Lättilä ◽  
Samuli Kortelainen
Keyword(s):  
Mathematical Model ◽  
Cost Saving ◽  
Conceptual Model ◽  
Business Models ◽  
Business Processes ◽  
Sharing Economy ◽  
Taxi Driver ◽  
Sustainable Business ◽  
Sustainable Business Models ◽  
The Cost

The demand for more sustainable business models is increasing the need for current businesses to develop their business processes and value creation mechanisms. One way to improve sustainability is sharing resources and services in a new sharing economy paradigm. This chapter builds a conceptual model for taxi ridesharing to describe the value potential that is born by increasing the efficiency of taxi businesses. First, a framework for multisided markets is built to understand the different value elements of taxi ridesharing. Then, a conceptual mathematical model is introduced to understand the value symmetries including the cost saving potential and allocation from the perspectives of the customer and the supplier. The model shows that it is possible to have a system that creates value for both the taxi driver and the passenger, while simultaneously leading to significant reduction in CO2 emissions.

Digital Economy, Business Models, and Cloud Computing

2019 ◽  
pp. 19-44 ◽  
Author(s):  
Abbas Strømmen-Bakhtiar
Keyword(s):  
Cloud Computing ◽  
Business Model ◽  
Business Models ◽  
New Technologies ◽  
Sharing Economy ◽  
Rapid Expansion ◽  
Human History ◽  
Recent Past ◽  
Digital Revolution ◽  
Technological Revolution

From the invention of writing to the steam engine and to computers, human history has been one of technological inventions and change. In our relatively recent past we have witnessed several technological revolutions which rapidly replaced one set of technologies by another, and in the process created what Schumpeter called the creative destruction. Today, we are witnessing a technological revolution that is changing the way we live, work, and communicate. We call this the digital revolution which brings with it new technologies, methods, and business models. This chapter discusses the digital revolution and the platform business model. This business model is used by many “sharing economy” businesses such as Airbnb and Uber. The success of this business model is dependent on the rapid expansion of its user-base. This business model requires infrastructure and applications that can cope with this rapid expansion. Cloud computing has been providing these services.

Regional Sharing-Economy Entrepreneurs and the Diversity of Their Business Models

2021 ◽  
pp. 15-33
Author(s):  
Birgit Leick ◽  
Mehtap Aldogan Eklund ◽  
Susanne Gretzinger ◽  
Anna Marie Dyhr Ulrich
Keyword(s):  
Business Models ◽  
Sharing Economy

scholarly journals Emergence of Carsharing Business Models and Sustainability Impacts in Swedish Cities

2020 ◽  
Vol 12 (4) ◽  
pp. 1594 ◽  
Author(s):  
Nancy Bocken ◽  
Alexandra Jonca ◽  
Karolina Södergren ◽  
Jenny Palm
Keyword(s):  
Local Governments ◽  
Business Models ◽  
Sharing Economy ◽  
Internet Technology ◽  
Sustainable Mobility ◽  
Concept Understanding ◽  
Case Research ◽  
Private Car ◽  
The City

The sharing economy has become prominent in the policy, business and academic discourse as a way to achieve greater levels of resource efficiency in sustainability transitions. An example is carsharing, which is regarded as a potential lever for change in sustainable mobility transitions. In this article we, apply the “ecologies of business models” perspective to investigate how carsharing initiatives have coevolved in Sweden. We focus on the city context as a useful unit of analysis to investigate carsharing in four Swedish cities: Gothenburg, Malmö, Stockholm and Umeå. Through qualitative case research, we investigate the following: How did carsharing business models coevolve in the studied cities? It was found that early notions of carsharing date back to the 1970s, but the concept has changed significantly over time, particularly with the emergence of (Internet) technology-based platforms. The findings suggest that carsharing is complementary to existing private car usage in cities, rather than a replacement. Based on this, we suggest pathways for local policymakers to consider when implementing sustainable carsharing solutions. The contributions are threefold: providing an empirical study on the theoretical ecologies of business models concept; understanding how carsharing coevolved in Swedish cities and in relation to wider sustainability and mobility trends; and giving novel insight into the role of local governments.

Technology and Sharing Economy-Based Business Models for Marketing to Connected Consumers

2020 ◽  
pp. 62-93 ◽  
Author(s):  
Sumesh Singh Dadwal ◽  
Arshad Jamal ◽  
Tim Harris ◽  
Guy Brown ◽  
Siti Raudhah
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Technological Innovations ◽  
Business Sector ◽  
Use Of Technology ◽  
New Business ◽  
New Business Models

The new technological innovations are changing the ways businesses are being operated. The sharing economy-based new business models (SEBMs) using technology have many benefits at national, organisational, community, and individual levels. The sharing economy provides a huge potential of creating millions of jobs by leveraging the business sector and providing a new way to producers and consumers to meet each other's needs. To maintain and enhance the use of technology-enabled sharing economy-based models (SEBMs), it is paramount to understand these SEBMs models and the behavior of the market, particularly on how to influence the market's attitude towards using SEBMs. This chapter analyses the new sharing economy-based and technologically-enabled business models and their antecedents.

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