Jul 17, 2015 the sharing, or collaborative, economy is a new type of business built on the concept of shared resources. The sharing economy, also sometimes called the ondemand economy, includes those companies that use technology to identify excess or otherwise underutilized goods or services and matches. In the sharing economy, individuals are said to hire out things. In recent years, there has been an explosion of these. This week we will address the factors that have led to the rise and growth of the sharing economy. Tim bernerslee invents the world wide web, creating the language and architecture for sharing information over the internet source. The end of employment and the rise of crowdbased capitalism mit press the wideranging implications of the shift to a sharing economy, a new model of organizing economic activity that.
The sharing economy has exploded over the last few years, and the implications of this technologydriven economic model are beginning to be properly realized. Nov 24, 2015 get this link to readdownload book the sharing economy. The sharing economy ebook by arun sundararajan rakuten kobo. Aug 03, 2016 in todays quicktake, bloombergs matt miller takes a look at the history and growth of the sharing economy. The sharing economy what it is, examples, and how big. Future of the sharing economy how the sharing economy works. While it is theoretically possible for markets to exist for anything, transactions arent free. The rise of the sharing economy has had transformative impacts on extant service delivery models, with wide ranging implications for existing firms, regulators, and the workforce at large. Companies can benefit from the trend toward collaborative consumption through creative new approaches to defining and distributing their offerings. Sundararajan carefully examines why current regulation can be illsuited and might stifle innovation in sharing economy. The continuous advancement of technologies, particularly those of a social nature, also contributed to the rapid movement of goods and services.
The ultimate list of sharing economy services for travel with the boom of the sharing economy around the world, its hard to keep track of whats offered where. So, here is a list of 10 books about all things sharing in no particular order. Companies can benefit from the trend toward collaborative consumption through creative new approaches. Obviously the sharing economy is a misnomer, which the industry no doubt likes a lot, said dean baker, an economist and the codirector of. This ability to share what is available allows customers to access goods or services when. A conversation on the sharing economy with arun sundararajan, brad hargreaves, and rana foroohar.
The sharing economy an analysis of current sentiment surrounding homesharing and ridesharing the emergence of the sharing economy results from a confl uence of economic, sociopolitical, cultural and technological developments. Promoters of the sharing economy argue that the facetoface interactions of a service like airbnb owners meet renters to hand off the keys or uber riders are encouraged to sit in the passenger seat, not the back promote a greater sense of. The sharing economy has many fans but eric schneiderman, new york states attorneygeneral, is not one of them. Mar 05, 2015 a brief history of sharing economy when ebay was launched in 1995, the world saw a shift in how people gain access to goods and circulate them in the market. C ollaborative consumption, or the sharing economy as it is also known, refers to the business model that involves individuals sharing their resources with strangers, often enabled by a third partys digital platform. The sharing economy what it is, examples, and how big data.
With her book, practicing law in the sharing economy, sharing. Oct 14, 20 the sharing economy has many fans but eric schneiderman, new york states attorneygeneral, is not one of them. Helping people build cooperatives, social enterprise and local sustainable economies, by janelle orsi american bar association. Oct 21, 2016 the sharing economy is a massive business phenomenon that is transforming many industries and challenging many traditional business models. The sharing economy undermines workers rights financial. The excellent discussion of regulatory issues is one of my favorite parts of the book. Although the book provides a wealth of interesting detail in accounting for the historical emergence of. Growth of the sharing economy 5 the sharing economy companies that are emerging on the back of radical changes in consumer habits couchsurfing, airbnb, uber and their peers have overturned entire sectors with their socalled creative disruption in the space of only a few years.
The difference is that everything on the shelves can be checked out like a library book. The sharing economy boom articles digital innovation. Adapting to the sharing economy instead of buying and owning products, consumers are increasingly interested in leasing and sharing them. Digital economy, sharing economy, best books on entrepreneurial startups, platform businesses, and the sharing economy, and books about sharing. The sharing economy might be a significant step toward more efficiently tapping into the wealth of physical things owned by individualsas. The capitalist sharing economy is a way of purchasing goods and services that differs from the traditional business model of corporations hiring employees to produce products to sell to consumers. The second part is devoted to studying the impact that the sharing economy has been shown to have on the economy and the workforce. Jan 07, 2016 the sharing economy, also sometimes called the ondemand economy, includes those companies that use technology to identify excess or otherwise underutilized goods or services and matches. Sharing economy companies often use mobile apps to drive the majority of transactions, making the peertopeer marketplace convenient and costeffective. While garage sales had been the typical way to purchase used items, theyre infrequent and can only offer the garage sellers belongings. Nicolas brusson how to disrupt the global citytocity. Get this link to readdownload book the sharing economy.
The sharing, or collaborative, economy is a new type of business built on the concept of shared resources. The wideranging implications of the shift to a sharing economy, a new model of organizing economic activity that may supplant traditional corporations. The sharing economy is a little like online shopping, which started in america 15 years ago. Nov 12, 2016 in todays sharing economy you still have free love. Heres a list of every sharing service out there, from ones you can offer yourself at home to earn money towards your next trip, to services you can use while travelling to cut costs. The first of its kind, written by an author on the forefront of this new trend. May 27, 2016 obviously the sharing economy is a misnomer, which the industry no doubt likes a lot, said dean baker, an economist and the codirector of the center for economic and policy research. How did we move from a desire for ownership to access. Ryan dyment, a cofounder of the sharing depot, explained that his business takes advantage of the fact. Its technological and sociological foundations have been laid over the past 25 years. Read the sharing economy the end of employment and the rise of crowdbased capitalism by arun sundararajan available from rakuten kobo.
So all in all, a very interesting book by one the most knowledgeable researchers on the sharing economy. A snapshot of the sharing economy 8 19% of the total us adult population has engaged in a sharing economy transaction 44% of us consumers are familiar with the sharing economy of those consumers who have tried the sharing economy agree i am intrigued by companies in the sharing economy but have some concerns about them. A brief history of sharing economy when ebay was launched in 1995, the world saw a shift in how people gain access to goods and circulate them in the market. Theres nothing new about the sharing economy coffee house. In this book, arun sundararajan, an expert on the sharing economy, explains the transition to what he describes as crowdbased capitalism. In todays quicktake, bloombergs matt miller takes a look at the history and growth of the sharing economy. Giving someone a ride, having a guest in your spare room, running errands for someone, participating in a supper clubthese are not revolutionary concepts. The sharing economy is becoming an increasingly popular way for australians to earn money from their spare time or unused assets. The business of sharing making it in the new sharing economy, is one of the best books written on the topic.
But having made a successful purchase from, say, amazon. But in the last few years a fundamentally different model has taken rootone in which consumers have more choices, more tools, more information, and more peertopeer power. The share economy is a concept of a type of economy that is not monetarised, and is not based in a capitalist system. Mar 10, 2015 the business of sharing making it in the new sharing economy, is one of the best books written on the topic. Creating opportunity through the sharing economy emily. The sharing economy is designed for consumers to temporarily access goods and services without purchasing to own them.
The sharing hub, a sydney accelerator for sharing economy startups, estimates that one in ten australians are participating as suppliers in the sharing economy to boost their income. Sharing economy, also known as collaborative consumption, is a trending business concept that highlights the ability and perhaps the preference for individuals to rent or borrow goods rather than buy and own them. In todays sharing economy you still have free love. It takes time and effort for buyers to find the best price, to locate sellers, to ascertain the true quality of. The top 10 new books about the sharing economy shareable. The wideranging implications of the shift to a sharing economy, a new model of organizing economic activity that may su. Jan 03, 2017 the sharing economy might be a significant step toward more efficiently tapping into the wealth of physical things owned by individualsas opposed to corporationsbut its still vastly. Books on the sharing economy collaborative finance. Alex gives a great overview of the sharing economy. The business of sharing is an excellent read for any entrepreneur. The sharing economy is just one of several possible expressions to designate the complex model of social and economic relationships based on the intensive use of digital technology. The world is increasingly urbanizing at a scale unprecedented in human history, and if. In her free time, emily hosts collaborative chats, a monthly panel discussion for citizens, entrepreneurs, academics, and thought leaders to build community and discuss emerging issues of. Three in four americans have now used some type of shared or ondemand online service like uber or airbnb, according to a may pew.
The end of employment and the rise of crowdbased capitalism, arun sundararajan explores this new sharing economy based on peertopeer commercial exchange. What is new, in the sharing economy, is that you are not. Launched in 1995, ebay was one of the first enablers of the sharing economy since it provided a global online marketplace where anyone could purchase or sell just about any kind of item. As the sharing economy continues to grow and move into the mainstream, it is butting up against laws and regulations that are outdated, but nonetheless in place. The ultimate list of sharing economy services for travel. One of the most fascinating things about the sharing economy is the issue of trust. He has demanded that airbnb, a company that allows anyone to rent their. We had to spend three days in mud at a rock festival. Jun 09, 2016 millennials are the largest generation in u. Community libraries emerged in the 18th century, allowing people to. It is may 2015, and im contemplating the future of capitalism at ouishare fest, a gathering in paris with a decidedly noncapitalist vibe. The sharing economy is a massive business phenomenon that is transforming many industries and challenging many traditional business models. From ebay to airbnb, consumers are increasingly more comfortable interacting directly with one another, offering services ad hoc and saving on costs as a result.
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