scholarly journals Personal Trust and System Trust in the Sharing Economy: A Comparison of Community- and Platform-Based Models

2020 ◽  
Vol 11 ◽  
Author(s):  
Sabine Gruber
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Community Supported Agriculture ◽  
Niklas Luhmann ◽  
Community Based ◽  
Capitalist System ◽  
Face To Face ◽  
Trust Formation ◽  
Personal Trust ◽  
New Business

Currently, new business models created in the sharing economy differ considerably and they differ in the formation of trust as well. If and how trust can be created is shown by a comparison of two examples which diverge in their founding philosophy. The chosen example of community-based economy, Community Supported Agriculture (CSA), no longer trusts the capitalist system and therefore distances itself and creates its own environment including a new business model. It is implemented within rather small groups where trust is created by personal relations and face-to-face communication. On the contrary, the example of a platform economy, the accommodation-provider company Airbnb, shows trust in the system and pushes technological innovations through the use of platform applications. It promotes trust and confidence in the progress of technology. For the conceptual analysis, the distinction between personal trust and system trust defined by Niklas Luhmann is adopted. The analysis describes two different modes of trust formation and how they push distrust or improve trust. Grounded on these analyses, assumptions on the process of trust formation within varying models of the sharing economy are formulated as well as a hypothesis about possible developments is introduced for further research.

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.

scholarly journals Model Pengembangan Bisnis BUMDes berdasarkan Pendekatan Sharing Economy dan Gig Economy

2021 ◽  
Vol 12 (3) ◽  
pp. 347-352
Author(s):  
Jaka Sudewa ◽  
Mohammad Fahreza
Keyword(s):  
Development Strategy ◽  
Business Model ◽  
Business Models ◽  
Descriptive Analysis ◽  
Sharing Economy ◽  
Business Practices ◽  
Economy Model ◽  
Business Model Canvas ◽  
Gig Economy ◽  
New Business

In an effort to encourage MSMEs, especially BUMDes Bhakti, the main village of Cilembu, it is necessary to develop a new business model, namely by utilizing opportunities by implementing the digital economy so that BUMDes business activities can operate properly and can follow business developments, so that the purpose of bumdes can be achieved, namely improving services to the community and empowering villages as autonomous regions with regard to productive efforts and improving business. emandirian and village capacity in strengthening the economy. This research aims to find out the potential and business barriers of BUMDes Bhakti Utama, knowing the efforts of BUMDes Bhakti Utama Cilembu in reviving bumdes business that is currently vacuum and to formulate a sharing economy and gig economy model so that the right business model is found for BUMDes, especially BUMDes Bhakti Utama that can be developed and operate in Cilembu Village so that it has a business development strategy that is in accordance with current conditions.  Thus, this study has a contribution, both in the development of theory and in the business practices of sharing economy and gig economy in efforts to empower the village economy. The method used in this study is qualitative descriptive analysis, which is presented in the form of drawings, tables and descriptions. This descriptive analysis method is processed based on elements of the Business Model Canvas and conducted an analysis of the potential and obstacles of businesses and then analyzed based on the sharing economy and gig economy approach to get the sharing economy and gig economy model. Furthermore, SWOT and PESTEL analysis is carried out to assess the extent to which new business models can be used so that alternative strategies / efforts can be formulated.  

E-Health and Online Medical Transactions

2011 ◽  
pp. 279-296
Author(s):  
Alec Holt ◽  
John D. Gillies
Keyword(s):  
New Zealand ◽  
New World ◽  
Business Models ◽  
Economic Status ◽  
Face To Face ◽  
Health Delivery ◽  
Socio Economic Status ◽  
New Business ◽  
Brave New World ◽  
New Business Models

Electronic medical consultation as a means of health delivery is available worldwide. While only in its infancy in New Zealand, it is likely to gain momentum and acceptance, and will impact on both the health deliverer and consumer. Adoption of electronic consultation has the capacity to radically change the environment of healthcare. Emergence of new business models and social impacts are just two of the areas where there could be significant change. As technology is embraced by commercial, health and other interests, we see law and governance left struggling to keep up with the changes. Will the gap between the “haves” and “have-nots” widen or close? Has a beast been unleashed, or are we embarking into a brave new world where anyone can access the health information they need, regardless of socio-economic status, race or geographic situation? We discuss these questions with an emphasis on the New Zealand scene. In researching this chapter it seems that the positions about the future impact and appropriateness of telemedicine is polarized. At one pole are the “tele-evangilists” who think telemedicine will lead to a more patient-focused model. At the other pole are the “tele-luddites” who think that telemedicine introduces technology that complicates an already complex healthcare environment and will always come second to face-to-face interactions.

The Impact of Circular Economy on the Fashion Industry

2020 ◽  
pp. 142-160
Author(s):  
Tugce Aslan ◽  
Adem Akbiyik
Keyword(s):  
Environmental Sustainability ◽  
Circular Economy ◽  
Business Models ◽  
Consumer Preferences ◽  
Academic Research ◽  
Sharing Economy ◽  
Fashion Industry ◽  
Commercial Markets ◽  
New Business ◽  
Consumer Perspective

The fundamental changes in technology and globalization have changed consumer preferences along with the way people buy and consume. This change has profoundly affected new business models and consumption systems in all commercial markets, including the fashion industry in particular. Moreover, fashion businesses have begun to shift from traditional proprietary access business models to the sharing economy. The effect of the sharing economy or circular economy on the fashion industry is increasing day by day. Clothing sharing services, recycling, and re-use of used garments contribute to environmental sustainability and contribute to economic and social sustainability through sales revenue and employment. However, there is limited academic research on clothing sharing models. This research focuses on Dolap application, a clothing sharing service. It examines the role of trust in clothing sharing services from a consumer perspective. As a result of the analysis, it was found that trust in the platform positively and significantly affected the trust given to the service provider.

scholarly journals Social Payments: Innovation, Trust, Bitcoin, and the Sharing Economy

2017 ◽  
Vol 35 (3) ◽  
pp. 13-33 ◽  
Author(s):  
◽  
Taylor C. Nelms ◽  
Bill Maurer ◽  
Lana Swartz ◽  
Scott Mainwaring
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Mobile Platforms ◽  
Novel Technologies ◽  
On Demand ◽  
The Social ◽  
New Business ◽  
Start Ups ◽  
New Business Models ◽  
Rapid Transformation

The payments industry – the business of transferring value through public and corporate infrastructures – is undergoing rapid transformation. New business models and regulatory environments disrupt more traditional fee-based strategies, and new entrants seek to displace legacy players by leveraging new mobile platforms and new sources of data. In this increasingly diversified industry landscape, start-ups and established players are attempting to embed payment in ‘social’ experience through novel technologies of accounting for trust. This imagination of the social, however, is being materialized in gated platforms for payment, accounting, and exchange. This paper explores the ambiguous politics of such experiments, specifically those, like Bitcoin or the on-demand sharing economy, that delineate an economic imaginary of ‘just us’ – a closed and closely guarded community of peers operating under the illusion that there are no mediating institutions undergirding that community. This provokes questions about the intersection of payment and publics. Payment innovators’ attenuated understanding of the social may, we suggest, evacuate the nitty-gritty of politics.

Platform-mediated tourism micro-entrepreneurship: implications for community-based tourism in Thailand

2020 ◽  
Vol 11 (2) ◽  
pp. 223-240 ◽  
Author(s):  
Morakot Ditta-Apichai ◽  
Uraiporn Kattiyapornpong ◽  
Ulrike Gretzel
Keyword(s):  
Business Models ◽  
Local Community ◽  
Sharing Economy ◽  
Community Based ◽  
Content Type ◽  
Tour Guides ◽  
Online Platforms ◽  
Thai Government ◽  
Development Goals ◽  
Compare And Contrast

Purpose This paper aims to bridge micro-entrepreneurship, sharing economy and community-based tourism (CBT) literature by analyzing the specific ways in which technological platforms mitigate risks and create opportunities that benefit local communities. Design/methodology/approach Six online platforms (two local and four international) used by tourism micro-entrepreneurs in Thailand were systematically analyzed to compare and contrast nuances in their business models, as well as their features to highlight benefits to CBT. Thematic analysis was used in the data analysis. Findings Three different types of business models based on tourism offers, membership policy and contributions to the destination community were identified. The variety of tourism offers includes tailor-made tours and private tour guides, local food experiences, skilled workshops and other local/community-based activities. Importantly, Thai platforms work closely with the Thai Government to promote tourism micro-entrepreneurship. Originality/value This paper adds to tourism micro-entrepreneurship, sharing economy and CBT literature by dissecting the business models of online platforms and their roles as mediators of CBT, discussing the platforms’ contributions to the achievement of sustainable development goals.

Mapping the sharing economy for sustainability research

2018 ◽  
Vol 56 (3) ◽  
pp. 570-583 ◽  
Author(s):  
Frederik Plewnia ◽  
Edeltraud Guenther
Keyword(s):  
Business Models ◽  
Sharing Economy ◽  
Future Research ◽  
Service Market ◽  
Conceptual Foundation ◽  
Content Type ◽  
Professional Managers ◽  
Sustainability Research ◽  
Wide Range ◽  
New Business

Purpose In order to guide sustainability research on the sharing economy, the purpose of this paper is to develop a comprehensive framework that captures the wide range of activities and business models that are considered to be part of the sharing economy. Design/methodology/approach Based on a systematic literature review and a content analysis, existing typologies are identified and analyzed for their conceptual intersections. Finally, categorizations from 43 documents are integrated into one framework. Findings Four main dimensions are identified as being used in different contexts to characterize sharing systems and were combined to form one comprehensive typology: shared good or service, market structure, market orientation, and industry sector. Originality/value The proposed typology is able to distinguish sharing activities based on their similarities and differences. Social, economic, and communicational avenues for the term “sharing” are merged into a conceptual foundation of the sharing economy. This enables researchers, practitioners, and policy makers to position their projects in the broad field of sharing. By discussing inherent tensions with regard to sustainability of the sharing economy, the offered categorizations can help to guide future research and policy intervention. Last but not least, professional managers should find valuable ideas for new business models.

Development of sharing economy-based business models in the tourism sector

2021 ◽  
Vol 5 (3) ◽  
pp. 43-52
Author(s):  
Valentinas Navickas ◽  
Ieva Petroke ◽  
Vaida Baciuliene ◽  
Aleksandr Kljucnikov
Keyword(s):  
Business Models ◽  
Secondary Data ◽  
Sharing Economy ◽  
Economic Activities ◽  
Environmental Friendliness ◽  
Scientific Discussion ◽  
Market Participants ◽  
Tourism Sector ◽  
New Business ◽  
Favorable Conditions

The sharing economy is rapidly gaining popularity, especially in the tourism sector. The sharing economy transforms functioning business models, giving businesses new economic activities and development opportunities. However, while sharing economy-based models are spreading in the world, not only the advantages but also the disadvantages are seen. This paper summarizes the arguments within the scientific discussion on the economic characteristics of sharing economy. It identifies the actions determining the development of sharing economy in the tourism sector. Since it is known that the sharing economy is developing rapidly, the development of the sharing economy is usually analyzed as a whole, regardless of the different sectors. However, the development of the sharing economy in the tourism sector is found to be the fastest. Besides, there is the largest number of stakeholders. Systematization of scientific treatises and approaches concerning the investigated issue indicated that the main drivers for the sharing economy development in the tourism sector are the Internet and technology among tourists, the cyclical nature of the economy, the change of societal values, and environmental friendliness. The methodological base of this research was secondary data analysis. The research empirically confirmed and theoretically proved that the sharing economy in the tourism sector develops rapidly, attracts more and more consumers in the tourism sector, and outpaces traditional business models. The obtained results could be used for analyzing the most favorable conditions to develop new business models in the market, analyze the response of market participants (consumers and traditional business model), promote new business initiatives in the tourism sector, research the sharing economy phenomenon in narrower tourism (transport, entertainment, and tourist information platforms).

Coworking-Space Business Models: Micro-Ecosystems and Platforms — Insights from China

2020 ◽  
Vol 17 (06) ◽  
pp. 2050044 ◽  
Author(s):  
Ricarda B. Bouncken ◽  
Yixin Qiu ◽  
Thomas Clauss
Keyword(s):  
Business Model ◽  
Information Exchange ◽  
Business Models ◽  
Innovation Policy ◽  
Model Development ◽  
Sharing Economy ◽  
New Business ◽  
Coworking Spaces ◽  
Business Model Development ◽  
New Business Models

The sharing economy gives rise to numerous new business models. A prominent novel one relates to coworking-spaces, where independent individuals and teams share spaces and amenities and engage in social interaction and information exchange. Yet the business models of such spaces are not well known. Our qualitative study identifies four types of business models design of coworking-spaces in China, where coworking-spaces have sharply increased in number and importance. We find four types of coworking-space business model configurations: efficiency-centered business model, user-centered business model, development-centered business model, and platform-centered business model, which exceed the prior conceptualization of business model themes. Especially, the platform-centered business model relates to innovation policy in China, facilitating mini-spatial innovation ecosystems.

Digital Sharing Economy

2019 ◽  
Vol 10 (2) ◽  
pp. 40-53 ◽  
Author(s):  
Vardan Mkrttchian ◽  
Yulia Vertakova
Keyword(s):  
Information Technologies ◽  
Business Models ◽  
Self Regulation ◽  
Sharing Economy ◽  
Service Industries ◽  
Consumer Experience ◽  
Property Relations ◽  
New Business ◽  
Traditional Manufacturing ◽  
Online Reputation

The modernization of traditional manufacturing industries and service industries, organization of trading and purchasing procedures, related financial and logistics operations, changes in consumption patterns in the presence of thorough penetration of information technologies and digitalization of economic processes creates the basis for forming new markets and new conditions of their operation. One of the effects of global technological changes and digitalization of consumer experience was the development of a new form of trade and property relations – a share economy. Reorientation of consumer behavior from purchasing to sharing, exclusion of intermediaries from a “client – contractor” chain, strengthening the role of online reputation and self-regulation of the community to ensure the quality of services revolutionize a business model in many areas. Digital share economies will evolve and transform over the next few years. In this regard, it becomes important to study the essence, principles of functioning, and development of new business models.

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