What managers should know about the sharing economy

Mohammad Reza Habibi, Alexander Davidson and Michel Laroche

Business Horizons, 2017, vol. 60, issue 1, 113-121

Abstract: The phrase ‘sharing economy’ has grown to become an umbrella term for a wide range of nonownership forms of consumption activities such as swapping, bartering, trading, renting, sharing, and exchanging. In spite of such a wide spectrum of behaviors, there is limited practical knowledge about how individual sharing economy practices should be managed. Building on a framework that categorizes sharing economy practices based on their detailed characteristics, this article provides extensive recommendations to managers and practitioners. We argue that each practice is a hybrid of sharing and exchange, and provides several recommendations based on the nature of each practice's offering.

Keywords: Sharing economy; Economic continuum; Reciprocal business; Sharing economy examples; Airbnb business model; Collaborative consumption; Peer-to-peer economy (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (43)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:60:y:2017:i:1:p:113-121

DOI: 10.1016/j.bushor.2016.09.007

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