Collaborative and Sharing Economy

Accelerator > Socioeconomic

The Collaborative and Sharing Economy opens up new ways for collaborating and sharing resources, resulting in new and often disruptive business models

Definition

  • Internet-enabled, crowd-sourced pooling or sharing of physical, human, financial, intellectual property and other resources to achieve specific goals

Outlook

  • Expanded proliferation of disruptive sharing services and platforms across industries
  • Committed consumers participating in resource-sharing platform in areas such as funding, design and education
  • Increased reliance on on-demand sharing platforms like freelance markets for variable employment
  • Continued regulatory resistance seeking to slow Sharing Economy models and protect incumbent businesses

Implications

  • Driving preference among consumers and business for access rather than ownership
  • Providing alternatives to investing in acquisition of resources
  • Allowing companies to leverage freelancers and small businesses as on-demand resources
  • Enabling companies to become more agile and flexible, focusing on most critical activities

How might resource-sharing platforms transform how you access human talent, product design or financial capital, or enable competing models that disrupt your business?