Which organization created a shared economy?
Answer: The shared economy is not created by a single organization, but
rather a result of technological advances and changing social behaviors. It is a
collaborative economy that allows individuals to share resources and services
with each other, reducing the cost burden of ownership, and increasing
access to goods and services. Companies like Airbnb, Uber, and TaskRabbit
are often associated with the shared economy, as they enable the sharing of
underutilized assets, such as housing or transportation, by connecting people
through digital platforms.
The rise of the shared economy reflects both supply and demand-side factors,
as innovative entrepreneurs realized that existing market inefficiencies could
be addressed through the use of digital technologies. This has led to the
creation of many new business models that are changing the way goods and
services are provided, shared, and consumed.
References:
- Botsman, R. (2013). The sharing economy lacks a shared definition. Fast Company.
Retrieved from https://www.fastcompany.com/3022026/the-sharing-economy-lacks-ashared-definition
- Sundararajan, A. (2016). The sharing economy: The end of employment and the rise of
crowd-based capitalism. MIT Press.
- Hamari, J., Sjöklint, M., & Ukkonen, A. (2016). The sharing economy: Why people
participate in collaborative consumption. Journal of the Association for Information Science
and Technology, 67(9), 2047-2059.