Sharing economy platforms: creating shared value at a business ecosystem level

Rong, Ke; Li, Boyi; Wan, Peng; Zhou, Di; Shi, Xinwei

doi:10.1016/j.techfore.2021.120804

Cited by 52 publications

(29 citation statements)

References 53 publications

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“…This model enables individuals and institutions with idle resources to capture value from such resources by sharing with users who benefit by accessing such resources at a lower cost. The sharing economy has also been described as "collaborative consumption," in which multiple people, rather than sole individuals, have access to the use of a service and goods and bear its costs (Rong et al, 2021). Other scholars have argued that "collaborative consumption" is too narrow and too broad to capture the core ideas and ideals of the sharing economy.…”

Section: Global Value Chain Governance and The Emergence And Growth Of The Sharing Economymentioning

confidence: 99%

“…These principles apply across various activities in the value chains, including production, logistics, product design, and supplier management (Rong et al, 2018). The sharing economy enables individuals with idle resources to capture value by sharing access to those resources with consumers and users who, in turn, benefit by accessing such resources at lower costs (Rong et al, 2021;Zhu & Liu, 2021). In effect, the logic of the sharing economy reduces idle capacity by promoting access over ownership (Ritter & Schanz, 2019).…”

Section: The Sharing Economy Value Chainsmentioning

confidence: 99%

“…The sharing economy has also been variously described as "collaborative consumption." Customers' consumption behavior gradually changes from merely buying new products and services to sharing and re-using them (Rong, Li, Peng, & Di Zhou, 2021).…”

mentioning

confidence: 99%

“…Scholars have highlighted the prospects it offers in terms of employment opportunities, more sustainable business and consumption models, and acceleration of the circular economy (Rong et al, 2021;Trabucchi & Buganza, 2020). However, other researchers and stakeholders have raised concerns about the disproportionate and growing power of platform owners who capture the bulk of economic value due to their control of the platforms (Culpepper & Thelen, 2020;Moore & Tambini, 2018).…”

mentioning

confidence: 99%

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Blockchains and the disruption of the sharing economy value chains

Kolade

Adepoju²,

Adegbile

2022

Strategic Change

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Against the backdrop of debates and rising public sentiments against “Big Tech,” this paper takes a conceptual approach to explore the possibilities for blockchain technologies to disrupt the governance of the sharing economy value chains. Unlike centralized trust systems employed by multisided digital platforms, blockchains employ a decentralized, open‐source system. Data can be shared, verified, and monitored using a consensus mechanism across multiple nodes. We bring insights and discussions from the extant literature to elucidate two guiding principles of the sharing economy value chains: resource optimization and data monetization. Against this backdrop, we propose a conceptual framework that compares traditional digital platforms' governance mechanisms and value drivers with block‐chained enabled platforms, where resource optimization and data monetization are driven by decentralized platform co‐owners rather than single platform owners. We offer case illustrations to explicate this framework and how it signposts a new, disruptive model for the governance of the collaborative economy, especially in developing countries.

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Section: Global Value Chain Governance and The Emergence And Growth Of The Sharing Economymentioning

confidence: 99%

Section: The Sharing Economy Value Chainsmentioning

confidence: 99%

mentioning

confidence: 99%

mentioning

confidence: 99%

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Blockchains and the disruption of the sharing economy value chains

Kolade

Adepoju²,

Adegbile

2022

Strategic Change

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“…An innovation ecosystem of high-tech industries is an organizational model for interaction of high-tech industry enterprises, research organizations, small innovative enterprises, and educational institutions, as well as development institutions and regulatory bodies in a single digital circuit in order to facilitate the development and production of high-tech products [43].…”

Section: Literature Reviewmentioning

confidence: 99%

Cross-Sectoral Digital Platform as a Tool for Innovation Ecosystem Development

et al. 2021

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At present, issues of ecosystem self-organization and the mechanisms for their sustainable development have been insufficiently explored in academic literature. The key idea of our research is that for enterprises interacting in different industries based on a network partnership, a special tool is needed to ensure the openness of interaction between participants in the transfer of knowledge, technology, information, and resources. The authors argue that the development and practical implementation of a cross-sectoral digital ecosystem platform will allow for the synchronizing of the scientific and technological progress of several industries, making the most effective use of the synergistic effect from the interaction of ecosystem actors and ensuring the transparency and openness of the ongoing processes therein. The authors demonstrate their propositions with the example of unmanned aircraft system (UAS) industry. The proposed model and mechanism of cross-sectoral interaction can be replicated in different technological niches, such as robotics, neurotechnology, quantum technologies, etc. The conclusions arising from the conducted research provide scientists, government bodies, and decision-makers with the necessary information for a better understanding of practical mechanisms and tools that allow for the implementation of self-organization and sustainable development in modern innovation ecosystems.

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Creating shared value in China: The case of Austrian businesses

Reindl

2024

Bus Strat Dev

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The objective of this study is to investigate the state of creating shared value (CSV) in China, where a number of societal pressures and issues, appear to offer businesses plentiful opportunities to apply the CSV model. The focus here lies on foreign businesses in China, which are commonly referred to as a key driving force behind China's economic growth. Following a review of relevant literature discussing both, the global as well as the Chinese context of companies “doing good,” this study utilizes online and in‐person interviews to gather additional data to derive more insight into recent business practices, specifically analyzing which level of “doing good” foreign businesses in China are currently engaging in. For this empirical component of the study, Austrian businesses in China serve as the target population. The study's findings show, that while “doing good” has been a relevant topic for foreign businesses in China, many are still engaging in simpler ways of “doing good,” such as philanthropy or Corporate Social Responsibility. Only few companies currently follow a CSV approach in China, yet a larger number find CSV a suitable approach for businesses in China, indicating that CSV does have potential as China continues her economic growth. The study concludes with recommendations for both, academia and business practice, and could potentially also serve as an inspiration for regulatory policies for foreign businesses in China.

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Sharing economy platforms: creating shared value at a business ecosystem level

Cited by 52 publications

References 53 publications

Blockchains and the disruption of the sharing economy value chains

Blockchains and the disruption of the sharing economy value chains

Cross-Sectoral Digital Platform as a Tool for Innovation Ecosystem Development

Creating shared value in China: The case of Austrian businesses

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