sharing economy


Also found in: Wikipedia.

sharing economy

n
(Economics) an economic system, or part of one, in which goods are rented or borrowed directly from individuals rather than from businesses
References in periodicals archive ?
As we see in the growth of the rideshare industry, the sharing economy model is of vital importance to China's economic restructuring by activating and optimizing underutilized resources embedded in our social landscape.
The quick acceptance of the Sharing Economy movement demonstrates the enormous trust and confidence consumers, businesses and government alike now place in online services generally.
EC is a wholly owned subsidiary of dye equipment manufacturers Sharing Economy International, Inc.
Sharing Economy International announced that its wholly-owned subsidiary, EC Advertising Limited, has entered into an exclusivity agreement with the shareholders of Winse Media, regarding a potential acquisition by EC Advertising of not less than 51% of Winse Media.
What started out as a convenient option for people to hail cabs (Uber) has given birth to the sharing economy.
The report, Driving Toward Equality: Women, Ride-Hailing, and the Sharing Economy, also shows how ride-hailing helps fill a transportation gap for women as ridersit improves their ability to travel to places that were previously inaccessible to them and provides women with mobility and greater sense of independence.
The government says that this is for the benefit of both the new business sector and existing ones that might be affected by the sharing economy, but I am concerned that regulations would have the effect of discouraging any business innovation that the sharing economy might spur.
This textbook collects 12 articles published by business writers and journalists from the US between 2015 and 2017 in SAGE Business Researcher on issues and controversies in management: the gig economy, the sharing economy, technology and business ethics, managing international workforces, women in management, meetings and team management, cybersecurity, flat management, work-life balance, paid leave, sustainability, and learning from failure.
The UAE Financial Markets Association is challenging the region's investment bankers, traders, treasury managers and finance professionals to brace for change amid the rise of populism in the West and the sharing economy grows.
While the UAE's sharing economy slowly continues to grow, as consumers see more of a merit in borrowing both goods and services rather than owning them, traditional businesses now find themselves in a unique position of having to find a way of countering the disruption being caused in various industries.
The upcoming ICA Conference, a leading financial markets conference in Dubai, UAE, will address the rise of populism in the West, the importance of GCC sovereign wealth funds and the sharing economy.