The shareconomy as a precursor for digital entrepreneurship business models

Richter, Chris; Kraus, Sascha; Syrjä, Pasi

doi:10.1504/ijesb.2015.068773

Cited by 65 publications

(43 citation statements)

References 19 publications

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“…As stated by Rong, Wu, Shi, and Guo, (2015, p. 294), the power of platforms lies in their underlying mechanisms that make it 'possible to transform a passive social network into an active value creation chain.' Finally, our study extends the prior literature on the sharing economy that has been predominantly built on a limited number of well-known case studies (AirBnB and Uber) in the B2C and C2C markets (Richter, Kraus, & Syrjä, 2015;Mair & Reischauer, 2017). We contribute to this line of research by providing empirical insights from a unique case study of a company that introduced the first B2B sharing economy platform into the UK's event industry.…”

Section: Discussionmentioning

confidence: 64%

The role of a central actor in increasing platform stickiness and stakeholder profitability: Bridging the gap between value creation and value capture in the sharing economy

Laczko

Hullová

Needham³

et al. 2019

Industrial Marketing Management

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The viability of a sharing economy platform is determined by the central actor's ability to actively manage and, in the long term, maintain synergies between the value it creates and the value it appropriates. • Development of a multi-stakeholder network in the sharing economy is not selfgoverned, but rather a well-designed process that is developed and managed by the central actor. • We posit eight value-driving mechanisms through which the central actor can simultaneously increase platform stickiness (ability to draw in and keep stakeholders) and stakeholder profitability (ability to capture value from multiple stakeholders). • We integrate value-driving mechanisms in the Platform Stickiness-Stakeholder Profitability Framework that not only offers novel theoretical insights, but can also be used by practitioners to improve their stakeholder management strategies. • Our study extends the sharing economy literature into the B2B context by providing empirical insights into the UK's first-of-a-kind B2B platform that is disrupting the events industry.

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Section: Discussionmentioning

confidence: 64%

The role of a central actor in increasing platform stickiness and stakeholder profitability: Bridging the gap between value creation and value capture in the sharing economy

Laczko

Hullová

Needham³

et al. 2019

Industrial Marketing Management

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“…The 'share economy,' originally conceptualised as a profit-sharing scheme to tackle stagflation, was first written about by Weitzman [63] and later rebutted by many scholars throughout the 1980s and early 1990s. Presumably, its inclusion in the literature stream stems from its similar root word and several authors conflating the term with sharing economy [13,64]. Our final sample included 255 academic, peer reviewed journal articles that make up the basis for next stage of analysis.…”

Section: Methods For Data Collection-database Searchmentioning

confidence: 99%

Defining the Sharing Economy for Sustainability

2019

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(1) Background: The sharing economy has emerged as a phenomenon widely described by academic literature to promote more sustainable consumption practices such as access over ownership. However, there exists great semantic confusion within academic literature surrounding the term “sharing economy,” which threatens the realisation of its purported sustainability potential. (2) Objective: The aim of this paper is to synthesise the existing academic definitions and propose a definition of the sharing economy from the perspective of sustainability science in order to indicate sharing practices that are consistent with the sustainability claims attributed to the sharing economy. (3) Methods: We conduct a database search to collect relevant academic articles. Then, we leverage qualitative content analysis in order to analyse the authors’ definitions and to synthesise the broad dimensions of the sharing economy in the discourse. (4) Results: We propose the following characteristics, or semantic properties, of the sharing economy for sustainability: ICT-mediated, non-pecuniary motivation for ownership, temporary access, rivalrous and tangible goods. (5) Conclusion: The semantic properties that inform our definition of the sharing economy for sustainability indicate those sharing practices that promote sustainable consumption compared to purely market-based exchanges. This definition is relevant for academics studying the sustainability impacts of the sharing economy in order to promote comparability and compatibility in research. Furthermore, the definition is useful for policy-makers, entrepreneurs, managers and consumers that have the sharing economy on the agenda in order to promote social enterprise and support sustainable consumption.

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“…Prominent examples of sharing behaviours and their specific outcomes include Uber, Airbnb and Wikipedia (Richter, Kraus, & Syrjä, ), all of which transfer classical business models into the new era of digitization. Access to the Internet and a critical mass of users to match supply and demand through digital platforms (so‐called intermediaries ) constitute the foundation and existence of these services.…”

Section: Introductionmentioning

confidence: 99%

Digital entrepreneurship: Innovative business models for the sharing economy

et al. 2017

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What's mine is yours. An increasing number of people are participating in sharing and exchanging information, knowledge, data and goods. As research addressing the so‐called ‘sharing economy’ is still in its infancy, this article aims to shed light on it. To do this, a qualitative research approach comprising guided interviews with 14 companies from Germany, Austria and Switzerland provides detailed insights into different aspects of the sharing economy phenomenon. Our results make a direct contribution to sharing economy research, especially regarding the new business models of start‐ups. Here, we find a clear difference between the relevance of economic and social orientation. The latter appears to be in higher demand among customers than entrepreneurs. The increasingly digitalized environment has led to a changed living situation characterized by urbanity, openness to new solutions, changed working situations and new mindsets. All of these aspects drive the sharing economy. The results of this paper are summarized in a framework highlighting the requirements, drivers and goals of the sharing economy. Considering the limited research in this field, the developed framework is a strong basis for discussion, critique and/or support of future research.

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The shareconomy as a precursor for digital entrepreneurship business models

Cited by 65 publications

References 19 publications

The role of a central actor in increasing platform stickiness and stakeholder profitability: Bridging the gap between value creation and value capture in the sharing economy

The role of a central actor in increasing platform stickiness and stakeholder profitability: Bridging the gap between value creation and value capture in the sharing economy

Defining the Sharing Economy for Sustainability

Digital entrepreneurship: Innovative business models for the sharing economy

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