EYE 2016 – Sharing economy: They come in like a wrecking ball
The sharing economy (also referred to as the collaborative economy, peer-to-peer economy or collaborative consumption), is based on the sharing of human and physical resources like creation, production, distribution, trade and consumption of goods and services. For consumers, it stresses the shift from ownership towards accessibility. The sharing economy seems to be bringing about an alternative business model to the traditional corporate one. It is taking advantage of new technologies, by using internet platforms as well as information and communications technology applications, and leveraging communities or crowds to rent, share, swap, barter, trade, or sell access to products or services. This note has been prepared for the European Youth Event, taking place in Strasbourg in May 2016. Please click here for the full publication in PDF format
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