One of the key criticisms of the literature on collaboration has been that it has suffered from a lack of conceptual clarity. Airbnb, snapgoods and 12 more pioneers of the share economy. Report the collaborative economy, by jeremiah owyang 1. The future 0f massively scaled collaboration and participation 3 contents introduction 1 1 experiments in mass collaboration. This reflects the fact that collaboration ranges from the very informal, right through to. These systems take a variety of forms but all leverage information technology to empower individuals, corporations, nonprofits and government with information that enables distribution, sharing and reuse. The sharing economy is a term frequently incorrectly applied to ideas where there is an efficient model of matching supply with demand, but zero sharing and collaboration involved. We refer to this trend as the collaborative economy, defined as the following.
The sharing economy has had a positive impact on tourism as well as a negative one. Economic development, fostered by the innovative and technological dimension of these new business models. A better name for the sharingeconomy ouishare medium. Whats going to happen when robots come into play in a collaborative economy. Briefing a european agenda for the collaborative economy. Wahlen and laamanen 2017, connected consumption schor 2014. Sharing economy means what is mine is yours, for a fee the economist and is becoming more and more popular across all kinds of assets.
Cyber resilience playbook for publicprivate collaboration. The sharing economy sometimes also referred to as the peertopeer economy, mesh, collaborative economy, collaborative consumption is a socioeconomic system built around the sharing of human and. Our first report, making sense of the uk collaborative economy, offered a more detailed view of the current landscape in the uk. A collaborative economy platform can help to identify who is willing to offer their power drill and to initiate the transaction. Arriving at a definition of collaboration has been difficult because the constructs of collaboration found in the literature have tended to be conceptually amorphous little, 1990, p. Concrete group process skills are needed to promote open communication, learning, trust, and quality decision making. Critics, on the other hand, claim that the sharing economy. Its origins were in notforprofit initiatives such as wikipedia 2001 and couchsurfing and freecycle both 2003. Adapting to the sharing economy instead of buying and owning products, consumers are increasingly interested in leasing and sharing them. Collaboration key social and economic drivers 3 collaborative working a typology 5. But as it grows, the sharing economy is hitting roadblocks.
Jun, 2016 other benefits of the sharing economy can be felt beyond the scope of competition. The emergence of collaborative economy models has an economic. Report the collaborative economy, by jeremiah owyang. Environmental sustainability, as the circular economy emphasizes access and service provision rather than at ownership and goods production. Collaborative consumption as a concept was defined as. Collaborative consumption differs from standard commercial consumption in that the cost of purchasing the good or service. The collaborative economy 4 collaboration is everywhere collaboration is a concept often associated with certain parts of the economy or particular types of employees. The sharing economy sometimes also referred to as the peertopeer economy, mesh, collaborative economy, collaborative consumption is a socioeconomic system built around the sharing of human. A substantive economy based on the exchange of goods and services between individuals has been. Its advocates think that it provides easy access to a wide range of services that are often of higher quality and more affordable than those provided by traditional business counterparts. Companies can benefit from the trend toward collaborative consumption through creative new approaches to defining and distributing their offerings. A market definition report the collaborative economy.
Importance of the collaborative economy and why it is such a big thing now. For some people, the sharing economy includes uber and airbnb. In what is called collaborative consumption, the sharing economy or the peer economy, owners rent out something they are not using, such as a car, house or bicycle to a stranger using these peer. Products, services, and market relationships have changed as sharing startups impact. In the sharing economy, individuals are said to hire out things like their cars, homes and personal time to other individuals in a peertopeer fashion. Oct 16, 2014 definition of the collaborative economy. The types of goods and services available through the collaborative economy is growing every day, and includes car sharing, ride sharing, accommodation, secondhand goods. The sharing economy refers to economic activity centred around online platforms, based on sharing underused assets or services, for free or for a fee, on a peertopeer basis. The collaborative economy uses the internet to match people who want to share assets and services. At least three lines of research fall under this umbrella. Pdf chapter 2 definitions and mapping the landscape in. Jan 11, 2018 the sharing economy is an emerging, highly flexible economic network that allows people to share resources such as equipment, services, and skills with one another, often at significantly lower cost than traditional retail or employment arrangements.
Notable theoreticians who have contributed to the field include robert owen, pierrejoseph proudhon, charles gide, beatrice and sydney webb, j. Fitzmaurice, department of sociology, boston university february 2014 draft. Nesta formed a partnership with collaborative lab to undertake a programme of research into the collaborative economy. To avoid disruption, companies must adopt the collaborative economy. This chapter examines definitions of the collaborative economy and maps out the landscape of collaborative economy in tourism. Sharing economy the sharing economyrefers to economic and social systems that enable shared access to goods, services, data and talent. The sharing economy has a history of disrupting traditional business sectors.
The rise of the collaborative economy has just started to become a reality in the economy of the countries in. Rather than buying a power drill that i only need for 15 minutes, for example, i can rent an idle one from someone else. Nicolas brusson how to disrupt the global citytocity. Commissions agenda for the collaborative economy, and backed a balanced development of the collaborative economy in europe which benefits consumers as well as businesses. The impact of the collaborative economy on the labour. A collaborative economy is a marketplace where consumers rely on each other instead of large companies to meet their wants and needs. The collaborative economy 5 consumer protection the emergence of the collaborative economy raises the need, among others, for the delineation and, in fact, extension of the existing limitations on fair use. The ellen macarthur foundations report on the economics of a circular. Future of digital economy and society system initiative.
We will thus view the sharing economy primarily through the lens of information technology. Key elements of the engagement economy 11 4 capturing engagement. A marketplace where consumers rely on each other instead of large companies to meet their wants and needs. Using the playbook for publicprivate collaboration. Handbook on research on sustainable consumption, eds. The sharing economy all eyes on the sharing economy. There is no single agreed definition of wcollaborationx. Sharing economy definition is economic activity that involves individuals buying or selling usually temporary access to goods or services especially as arranged through an online company or organization. Why people participate in collaborative consumption article pdf available in journal of the association for information science and technology 679. Ori gins, definitions, impact and regulatory issues, jrc technical re.
The oldest approach, with its origins dating back to the early 1960s, focuses on the rise of new sciencebased industries and their role in social and economic change. The collaborative economy, sometimes called the sharing economy, covers a great variety of sectors and is rapidly emerging across europe. Sharing economy definition the sharing economy is a peertopeer activity of acquiring, providing, or sharing access to goods and services often facilitated by an online platform. The new collaboration economy book teaches you exactly how to take control of your finances and your future by eliminating your competition and creating partnership opportunities. The burgeoning economy of engagement 3 2 participation bandwidth. This socio economic model allows businesses to drastically lower the costs of certain services for clients and increase revenues by eliminating expenses. Pdf collaborative consumption and sharing economies. Shor and fitzmaurice 2015 and accessbased consumption. Uber, airbnb and consequences of the sharing economy. The sharing economy and how it is changing industries.
A trade only happens when both parties win in a free market. The sharing economy is a label that covers an extraordinary number of activities, making it hard to shed any light on the phenomenon. 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. Review of the collaborative economy in nsw liability limited by a scheme approved under professional standards legislation. The collaborative economy and taxation page 4 of 28 the collaborative economy generates equally new forms of work4 and sources of income. The sharing economy, collaborative consumption botsman and rodgers 2010. Advisory committees the european economic and social committee e esc is currently preparing its opinion on the european agenda for the collaborative economy. The sharing economy is an emerging economic technological phenomenon that is fuelled by developments in information and communications technology ict, growing consumer awareness, proliferation of collaborative web communities. The future of the eu collaborative economy jrc publications. The sharing economy and tourism european parliament. Far more telling, almost every type of sharing has expanded.
Sharing economy shakes up traditional business models the. Airbnb, an online peertopeer platform which enables people to rent out residential accommodation, including their own homes, on a short term basis. Many collaborative economy business models rely on the exploitation of underutilised. Collaborative healthcare leadership a sixpart model for. Cooperative economics is a field of economics that incorporates cooperative studies and political economy toward the study and management of cooperatives. Technology makes it easier for people to rent items to each other.
While the concept of collaborative business is not new, recent developments in technology. The sharing economy what it is, examples, and how big. Collaborative definition of collaborative by the free. Collaborative economy services may involve some transfer of. The collaborative economy, sometimes called the sharing or peertopeer economy, links customers directly with providers typically through online and mobile platforms. This results in market efficiencies that bear new products, services, and business growth.
Collaborative economy consists of giving, swapping, borrowing. Sharing economy shakes up traditional business models if the issues of the sharing economy can be overcome, it could transform the business models on which the economy has relied for years notice. Products, services, and market relationships have changed as sharing startups impact business models. The sharing economy, sometimes also called the collaboration economy, is taking off in all sorts of niches. Clarifying the definition of the sharing economy is important, as both advocates and opponents are asking for defined regulations in order to protect businesses and individuals. The commodity of engagement economies 7 3 exploring crowd resources. However with the internet we have many ways to express our identity without ownership belk, 20a, belk, 20b.
Rethinking policies for the tourism sharing economy oecd. Beyond a disillusionment with consumerism, whats driving this trend is data. First, the global economy will shift from an economic model in which waste is waste and in which zerosum game competition is the norm, to the collaboration economy, where business and social dimensions are combining both to place a recognized and fungible value on waste in all its forms and, ultimate, to change what is considered by. Collaboration definition of collaboration by the free. Many people in the eu have already used, or are aware of collaborative economy services, which range from sharing houses and car journeys, to domestic services.
The phenomenon is complex, covering various fields of activity, as well as operating on different. The lack of overhead and inventory help sharebased businesses run lean. For instance, eu lawmakers prefer to speak of the collaborative economy, while others refer to the gig or accessbased economy. We cast a wide inclusive net, acknowledging that the collaborative economy is found in the intersection of two words. While collaboration is important throughout the hospital, it is especially important at the patient interface. Collaborative consumption or sharing economy is the practice of sharing human resources through peertopeer services and replacing traditional ownership with sharing, lending and borrowing.
Apr 06, 2016 collaborative economy loans and investments lendingclub lending club is an online financial community that brings together creditworthy borrowers and smart investors so that both benefit in a winwin financial relationship. This was followed by additional research and exploration of opportunities for practical action. Cars and bedrooms are the most cited examples, but the sharing economy includes everything from household appliances to land use. The phrases sharing economy, collaborative economy and ondemand economy are often used interchangeably, though they technically mean different things. The increased efficiencies allow these brands to passthrough value to their customers and supply chain partners. Collaborative economy loans and investments lendingclub lending club is an online financial community that brings together creditworthy borrowers and smart investors so that both benefit in a winwin financial relationship. The collaborative economy based analysis of demand. The phenomenon of sharing economy is also named by using it terminology digital economy, collaborative consumption 2. Information and communications technologies icts have enabled the rise of socalled collaborative consumption cc. The current and future state of the sharing economy.
Collectively, this data gave us a holistic view of whats unfolding across both business and consumer landscapes. The collaborative economy is an economic model where ownership and access are shared between corporations, startups, and people. In 2011, sharing was nominated as one of the 10 ideas that will change the world. Not everyone agrees on the definition of the sharing economy, as i explain in another article in this magazine, or even what to call this development. May 31, 20 report the collaborative economy, by jeremiah owyang 1. Collaborative economy department of finance, services and. To avoid disruption, companies must adopt the collaborative economy value chain.
In the business stereotype, collaboration is something confined to the knowledge economy or creative economy, and to employees in professional and creative roles. According to numerous people from the social economy and some analysts, many initiatives claim to fall under the sharing. For example, it is possible that current ip rules will have to be reconsidered in light of the need for collaboratively developed. The collaborative economy enables people to get what they need from each other. Pdf collaborative economy, a practice based on access to goods, is making its way into. Belk 1988 argues and theorizes that you are what you own. Sharing economy definition of sharing economy by merriam. Deloitte refers to one or more of deloitte touche tohmatsu limited, a uk private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising.