Sharing Economy - 10348 Words

Sharing corps: Should company build competitive advantage by embracing the sharing economy? SHARING CORPS SHOULD COMPANIES build a new competitive advantage BY embracing the SHARING ECONOMY? ECOVALA - December 2013 1 Sharing corps: Should company build competitive advantage by embracing the sharing economy? Ecovala  © 2013 This report was produced by the Ecovala in December 2013. If no other source is specified, the contents of this report are under a Creative Commons Attribution – Non-Commercial - Share Alike 3.0 Unported License. You can find the full text of the license in this website. Ecovala Ecovala provides innovative solutions to private and public organisations to accelerate their transition towards†¦show more content†¦7 Economical benefits.......................................................................................................................................................... 7 Social benefits ................................................................................................................................................................... 7 A MULTI-LEVEL PERSPECTIVE ON THE SHARING ECONOMY ...................................................................................................... 8 A Transition Management Framework .................................................................................................................................. 8 The macro level (Landscape) ............................................................................................................................................ 8 Meso Level (regime) ......................................................................................................................................................... 8 Micro level (niches) .......................................................................................................................................................... 9 A multi-level perspective on the sharing economyShow MoreRelatedCase Study : The Sharing Economy1821 Words   |  8 Pages2015 Case Study: The Sharing Economy This reflective case study is about the Sharing Economy and how businesses have since evolved from the Machine Age era to now communicating in the Information Age. There has been an enormous shift from traditional industry that the Industrial Revolution brought through industrialization, to an economy based on information computerization. With the rise of services we have entered into a new economy known as the sharing or peer-to-peer economy. These services providedRead MoreThe Sharing Economy : Based On Uber Case1555 Words   |  7 PagesThe Sharing Economy has been one of the most popular words recently and companies like Uber, Airbnb as well as more startups are still sprawling all over the world. Yet, what is Sharing economy? What happens to the Sharing Economy? And upon that, most arguably, what are pros and cons of it? What shall we do? Towering amount of article have only one definition and few side of perspective. The Article instead summarize Allen’s research (2014) on sharing economy and efforts by Franzetti, A. (2015) andRead MoreThe United States And The Sharing Economy2694 Words   |  11 Pagescalled â€Å"sharing economy†. This model of economy includes different types of industry categories: sharing information (YouTube), property (Airbnb), transportation (Uber) and more. The sharing economy works in the same way as a traditional market, where individuals exchange different goods and service. The central concept of sharing economy (collaborative consumption) is the access to the goods. The application of regulation is the major issue with this type of innovated economy. The sharing economy isRead MoreBenefits Of The Sharing Economy Across The Globe2258 Words   |  10 Pagescosts and benefits of the sharing economy across the globe. Much of the debate was focused on the fact that allowing people to share and use existing resources would be harsh for businesses everywhere. Not only businesses would be affected, but it will also undermine the much needed development in local communities and to a larger extent it will have a negative effect on people’s income and government taxes which, if left unopposed can be catastrophic for the overall economy. Most recently, howeverRead MoreThe On The Sharing Economy Essay1077 Words   |  5 PagesAirbnb has been on the forefront of what has become known as the sharing economy. The sharing economy can be defined as â€Å"an economic system based on sharing underused assets or services, for free or for a fee, directly from individuals† (Botsman, 2015, Para. 8). The sharing economy is also referred to as a collaborative economy, which is an â€Å"economic system of decentralized networks and marketplaces that unlocks the value of underused assets by matching needs and haves, in ways that bypass traditionalRead MoreThe Benefits Of The Sharing Economy1105 Words   |  5 PagesThe sharing economy is a developing, remarkably flexible economic network that all ows people to borrow or rent assets, such as machinery, services, and skills, with one another. The sharing economy is utilized most often when the price of the resource in question is exceptionally high due to the fact that these resources will be shared at a significantly lower cost than retail arrangements. And although humans have shared the use of resources with one another for thousands of years, the growth ofRead MoreThe Implications Of A Sharing Economy2039 Words   |  9 PagesThe implications of a sharing economy are a hot topic for debate in the news and research journals and are continually being monitored through a deeper analysis of its roots; but what is a sharing economy? â€Å"A sharing economy is an economic system in which assets or services are shared between private individuals, either free or for a fee, typically by means of the Internet† (â€Å"Sharing Economy,† 2016). The course reading, I have chosen to discuss is the news article, â€Å"Deba te over Airbnb and Uber revealsRead MoreA Report On The Sharing Economy Essay1590 Words   |  7 PagesThe sharing economy is disrupting a number of industries and travel is but one. Emerging growth companies like Uber and AirBnB best exemplify this trend. In the vacation home rental space, VRBO, Vacation Rental by Owner, part of the HomeAway network, is another company leading the way with AirBnB in the vacation rental sharing economy. This trend is something many of you want to capitalize on. A recent report from the National Association of Realtors (NAR) shows that 24% of vacation home buyersRead MoreThe Sharing Economy : The Case Of Uber1772 Words   |  8 PagesThe Sharing Economy: The case of Uber Recently the number of firms operating in the sharing economy has increased. This essay will look at fundamental principles of sharing economies, companies as multi-sided platforms, network externalities and then provide an in-depth insight into the firm Uber. Focus is on Uber, are the dominant firm in the car sharing sector, with a valuation of $40 billion this month (Condon and Ortutay, 2014). Arguably, Uber’s growth rate is what makes it so exciting to analyseRead MoreMass Migration and Sharing Economy2099 Words   |  9 Pagesimplications – Sharing economy Introduction The hotel industry has been strongly growing recently, overcame many events to make us believe that they will not stop adapting to the new environments. Practicing economics activities helps the industry to explain the change of the environment and plan the solutions in the most efficient way. In this report, I will state two of the most recent events which are the mass migration to Europe and also with the term sharing economy, together with its