Sharing Economy: Opportunities and Challenges for a New Economic Model

Author(s):  
Claudiu Eduard Nedelciu ◽  
Arnaud Diemer
Author(s):  
Fatih Pinarbasi

Sharing economy has emerged as influential economic model in the last decades. A considerable literature has grown up around the sub-themes of sharing economy including business-related, system-related, and other context-related studies. Examining a general phenomenon in a limited scope is a strategy for specific perspective and conclusions. Therefore, examining sharing economy phenomenon in a business and marketing perspective can be useful for business related viewpoint. The study is composed of three parts and begins with a theorotical review of conceptual background. It will then go on to three level structures for this study, including consumer level, business and brand level, and system levels. The remaining part includes context-based studies about level structure. After reviewing topics in contexts, there are presented selected studies about related contexts. The study aims to research sharing economy in a general view and review business- and marketing-related topics and studies.


2021 ◽  
pp. 231971452110035
Author(s):  
Aruna Polisetty ◽  
Jikku Susan Kurian

One of the most popular IT-facilitated peer-to-peer economic model driving the world, the sharing economy attained its importance in India of late and witnessed a sudden acceptance among people. This model emphasizes the sharing of underutilized goods or service capacity, without transferring the ownership, with the aid of an intermediary, which was widely accepted by the Indian market mainly because of high mobile penetration, high millennial concentration and its aspirational population. Though there are numerous examples of shared economy prevailing in India, this case is on the initiation, hiccups, acceptance, growth, and the pandemic led to sudden blow in the business of Airbnb, the bed and breakfast startup founded by Brian Chesky, Joe Gabberia and Nathan Blecharczyk. Though the young workforce, dominated by millennials and Gen Z generations, acted as a catalyst in the growth of Airbnb, the unanticipated pandemic catapulted the business of Airbnb, invalidating its business model. The business model that provided a handful of earning opportunities to both the hosts and the business is no more in existence. However, Airbnb adopted a series of measures to protect the rights of both parties. This case discusses the possible strategies Airbnb can adopt to get its business back to track post-pandemic days.


2021 ◽  
Vol 2021 ◽  
pp. 1-7
Author(s):  
Jian Xiao

Based on the unprecedented development of current information technology, under the prevalence of third-party payment, in order to increase the utilization rate of idle resources and meet the diversified economic needs of today’s era, as an emerging economic model-the “sharing economy”, combined with Internet big data, it has effectively realized the perfect connection between supply and demand, and it has quickly swept through all walks of life. However, while promoting economic development, the lack of regulatory measures and the imperfect credit system have severely restricted the further development of the sharing economy. Blockchain technology (BT), as a new distributed infrastructure and computing method, has always been the core technology of Bitcoin. Based on the development of generalized economic model and BT, this paper analyzes the shortcomings of generalized economic model and blockchain technology through information fusion big data and proposes a kind of information based on information fusion big data+public BT. The security management system adapts to the status quo of the sharing economy and uses the functions of information fusion big data+blockchain technology to solve the current information security risks faced by the sharing economy. The experimental results of this article show that the sharing economy information security management system based on information fusion big data+blockchain technology has good protection capabilities. The interception rate of external information reached 95%, and the interception rate of system information reached 93%. Better protection of privacy leaks is needed.


Author(s):  
Thanh Nga Pham

In recent years, there have been many new global companies investing and operating in Vietnam as a form of sharing economy (Uber, Grab, Foody, Agoda, Facebook, Google, etc). These kinds of economic models are popular in the world but very new in Vietnam. Sharing economy enterprises bring both benefit and challenges for Vietnam. Before time, there is no policy and law to govern the activities of these companies. So they make the challenges for the authority of Vietnam to manage. This paper will analyze the nature, characters, and impacts of the sharing economy in Vietnam. It also mentions the problems and recommends some solutions to manage the activities of sharing - economy companies.


2009 ◽  
Author(s):  
Frederick V. Malmstrom ◽  
David Mullin ◽  
Gary Mears

Author(s):  
Vivaldo Mendes ◽  
Diana A. Mendes
Keyword(s):  

2019 ◽  
Author(s):  
Hanna Lee ◽  
Sung-Byung Yang ◽  
Chulmo Koob
Keyword(s):  

2014 ◽  
pp. 150-160
Author(s):  
G. Lopatkin

The article discusses the features of China’s economic culture. The author traces the genesis of the economic model of the Chinese civilization and determine its potential as an alternative to the Western one. Among the characteristic properties of the Chinese model for much of the New Age one can note technological and organizational backwardness due to the restrictions imposed on the economic life of the state-bureaucratic model of the economy. The author comes to the conclusion that the Chinese model cannot act as an alternative to the Western one.


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