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IMPACT OF THE SHARING ECONOMY ON FUTURE BUSINESS MODELS
The growth of the sharing economy is probably one of the most meaningful global socio-economic evolution in the past ten years (Koen Franken, 2017). The definition “sharing economy” is mostly used to describe the business model with digitized platforms for peer-to-peer exchanges (Geissinger et al., 2019; Belk, 2014; Juho et al., 2016). This article presents an approach to research that estimates the sharing economy and principally the main factors and conditions, what stimulates and drives the development of sharing economy as a perspective business model. Firstly, we define the understanding of sharing economy as one of the most engaging business models in nowadays according to economic literature study. Secondly, we conduct the analysis of the perspective and sustainable evolution of sharing economy mostly in the past decade. Furthermore, we identify forces which are driving the sharing economy for economic development. Thus, we design the conceptual framework of the sharing economy as a perspective and digitally based business model.
Release: 2019/3 Pages: 64-74 JEL classification: O10, O11, O12
DOI:
Keywords: international business, business dynamics, economic development, sharing economy, business models, digitalization
Section:
Contacts:
Mgr. Vilma Karoblienė,
PhD student,
Kaunas University of Technology (Lithuania),
School of Economics and Business
Gedimino st. 50, Kaunas, Lithuania.
E-mail: vilma.karobliene@ktu.lt
Prof. dr. Vaida Pilinkienė, PhD,
Kaunas University of Technology (Lithuania),
School of Economics and Business
Gedimino st. 50, Kaunas, Lithuania.
E-mail: vaida.pilinkiene@ktu.lt
Dr. Anna Feruś,
Rzeszow University of Technology (Poland)
Faculty of Management
al. Powstańców Warszawy 12 35-959 Rzeszów
E-mail: aferus@prz.edu.pl
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