The impact of the sharing economy on #retail #collcons

From hospitality to transportation – the sharing economy has had a huge impact on many industries. Now, a lot of consumers use the likes of Uber and Airbnb before even considering traditional taxis or hotels. Read more…

Source: The impact of the sharing economy on retail

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Register now: PeerValue Conference #Amsterdam 2-3 September #collcons #sharingeconomy

APeer Value:Advancing the Commons Collaborative Economy is a conference integrating conversations and plans of action for shaping and connecting the Commons on a global level.

The conference is organized along three tracks:

Track 1: P2P: Inclusive Politics, Activism and Law for the Commons

Track 2: Decentralized Tech and Beyond:Global Design,Local Production

Track 3: From Platform to Open Cooperativism

We will explore questions such as:

What are the conditions that encourage communities to work as peers, creating commons?

What are the best practices communities can adopt to safeguard their resilience?

Decentralization – why is it important, and how is it implemented and maintained?

How can the working methodologies honed by well-established digital communities act as transitional guidelines for sustainable “material” manufacturing?

What about social innovation and livelihoods – how does contributory and open accounting work with the systems of value creation found in CBPP?

How can civil society participate in recommending policy proposals that support CBPP for governments at the local, regional, national – even global – levels?

Join your peers, add your voice and take part in the growing conversation about the Commons as an important, emerging collaborative social model.

Register now at the Source: PeerValue Conference

What is in an name? @Gartner ‘s The Sharing Economy Is Dead. Long Live the Leverage Economy! #collcons

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via Gartner Blog Network gbn-feed – Gartner Blog Network http://ift.tt/28ZPEf2 Augie Ray Let me start by saying that I am a customer and fan of the services offered by Uber (took a ride Monday!), Airbnb (recently booked a family member into a…

The Sharing Economy: A New Way of Doing Business

Before it had a name and became a cutting-edge concept, the sharing economy had outposts in the American economy. Carpooling, for instance, has long been a way of sharing both the cost of commuting and leveraging an expensive asset — the private automobile (which sits idle more than 90% of the time).

Few observers in the last few decades recognized carpooling as a vanguard phenomenon, but that’s what it was. The same basic concept, technologically assisted, has been applied to nearly every aspect of modern life. And it’s enabled cost savings, convenience and environmental benefits on a large scale.

As a result, the peer-to-peer story is one of stellar growth. From modest roots, the international sharing economy reached about $15 billion in 2014, reports PricewaterhouseCoopers (PwC), and it is on track to reach $335 billion by 2025. Public opt-in to the collaborative economy almost doubled from 2013 to 2014. An AGC Partners report said that investors committed $4.93 billion to 71 deals related to the sharing economy in 2014, up five times from 2013.

“The success of Uber, Airbnb and TaskRabbit isn’t a fad — it’s a new way of doing business,” PwC said.

The two essentials are lumpiness and technology. In a groundbreaking paper, “Sharing Nicely: On Shareable Goods and the Emergence of Sharing as a Modality of Economic Production” (Yale Law Journal, 2004), Yochai Benkler, an entrepreneurial legal studies professor at Harvard, used carpooling as an example of large-scale sharing of private goods. Cars, he pointed out, are “lumpy” goods, that is, they have to be purchased in units that exceed the buyer’s immediate needs. People invest in such goods when the lifetime value of the item is greater than its price (loans and leases, of course, help bend the cost curve to match the long period during which expensive items offer value).

At least until recently, car buyers haven’t worried about the excess capacity they were purchasing, as long as the lifetime value of the vehicle was greater for them than its lifetime cost. But the reality is that all that time the private automobile sits idle, economic value is going unrealized. And cars are by no means alone in their lumpiness. Houses, apartments, offices, bikes, computers, clothes, books, toys — all represent goods that individuals buy for their own use, but which bring with them a good deal of excess capacity. And don’t forget physical and intellectual labor: A handyman’s ability to fix things goes unused much of the time, as does an engineer’s ability to design solutions to specific problems.

“In the collaborative economy it’s not the idea of sharing that’s new… What’s different now is the introduction of technology into the concept.” — H.O. Maycotte, Umbel

Read all (Sourced through Scoop.it) from: knowledge.wharton.upenn.edu

Are Data at the Heart of the Sharing Economy?

Bicycles are standing in a row at a “bike mi” bike sharing stand.
©iStock.com/nullplus
In just a few years, the sharing (or access or gig) economy is already casting a shadow over numerous industries.

Sourced through Scoop.it from: sloanreview.mit.edu