![]() This refers to new opportunities created by sharing information to connect goods or service providers with consumers.Ĭoliving is a new way of living in metropole cities that is becoming increasingly popular amongst 20-35-year-olds. Initiatives like Car2Go offer a solution where cars are utilized to their full potential. Sharing resources significantly stimulates efficient use of resources and reduces the amount of ‘wasted value’. People should be aware of the benefits of sharing and collaborating. ![]() The sharing economy is not about owning it it’s about having access to it. We are all creators of the sharing economy and it only works, because contributors are aware of the following elements:įor a fair exchange to take place, a supplier should be able to trust the consumer he is going to pay and the consumer should be able to trust the supplier he is going to deliver. Something that should not come as a surprise, since humans are social beings that have always relied on cooperation to survive, but which has not been properly remembered in the past century. The social change of people preferring access to ownership stirred by advances in technology led to a rebirth of cooperation between humans and the rise of the sharing economy. In other words, supply is low while demand is increasing.Ĭreative solutions were required to anticipate to this problem which came to light in the beginning of the 21st century when consumer behavior changed significantly. In the meantime, continuously advancing technologies are significantly contributing to the rapid movement of goods and services. If not done properly, depletion of these reserves is inevitable. In a world where we live with almost 8 billion people and in which we share limited resources, it is important to come with innovative solutions to ensure efficient use of these resources. The efficient use of assets results in financial benefits which are shared with members of the community. Thus, members can easily reserve a work spot through their smartphone and pay per minute - often at tempting prices. To give you an example: A café that is normally closed during the day serves as a coworking space during that time. This enables the companies behind these platforms to optimize the utilization of idle assets. The sharing economy is constantly evolving and can be defined as an economic system in which assets and services are shared between individuals, often facilitated through community-backed platforms.
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