Sharing Economy – Its Current and Future State
The sharing economy or also referred to as peer-to-peer economy, collaborative economy, mesh or collaborative consumption, is basically a socio-economic system designed around the sharing of physical and human resources. This includes the shared creation, distribution, production, consumption, and trade services and goods by various organizations and people. Such systems take different forms frequently leveraging information technology in empowering individuals, non-profits organizations, and corporations, reuse and sharing of excess capacity in services and good.
Sharing economy will be a major part of global economy. The sharing economy’s sudden emergence has introduced numerous unforeseen challenges for the consumers, policy makers, regulators, and incumbent businesses. Experts determine such challenges and give recommendations on how a sharing economy platform must address them.
Ways How Every Small Business Can Benefit from Sharing Economy
- Renting Unused Assets
- Sharing the Office Space with Entrepreneurs and Freelancers
- Marketing Services and Products to Wider Audience
- Globalie Blog Team