The Sharing Economy: Understanding and Challenges

International Journal of Humanities & Social Science Studies (IJHSSS), March 2016

9 Pages Posted: 3 Apr 2016

See all articles by Artur Borcuch

Artur Borcuch

The Jan Kochanowski University in Kielce

Date Written: March 1, 2016

Abstract

The sharing economy is the person to person (or Peer-to-Peer) economic activity that is facilitated by digital platforms. The sharing economy concept strengthens the innovation perspective. Thanks to new technological platforms (especially social media), especially city citizens have gained the power to call and track a ride, rent out their homes, and share goods. The global revenue from sharing economy companies is projected to increase to approximately $335bn by 2025. Speaking of the future there is important nexus between Internet of Things and the sharing economy.

Keywords: Sharing economy

JEL Classification: A11

Suggested Citation

Borcuch, Artur, The Sharing Economy: Understanding and Challenges (March 1, 2016). International Journal of Humanities & Social Science Studies (IJHSSS), March 2016, Available at SSRN: https://ssrn.com/abstract=2757771

Artur Borcuch (Contact Author)

The Jan Kochanowski University in Kielce ( email )

ul. Swietokrzyska 21
Kielce, 25-406
Poland

HOME PAGE: http://arturborcuch.pl

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