Socio-technological system of sharing economy

Abstract

Sharing economy is a system which functions successfully provided that technological and social subsystems complement each other forming an indivisibly combined cohesive structure. The premise of balancing social and technological aspects is proposed in the socio-technological theory. Social issues call for social innovation to fulfil the needs and requirements of the society as well as individual citizens. The goal of this paper is to fill the gap in the extant literature by proposing a comprehensive framework of sharing economy based on the socio-technological theory. This study carried out a systematic literature review of works on sharing economy and socio-technological theory in order to develop a conceptual framework. There were identified different social motives associated with each of the subsystems; interplay between them was established. This study contributes to the increasing research by presenting a holistic view of sharing economy through the theoretical lens of socio-technology keeping society as well as consumer needs and requirements at its focal point.

AgentSpeak: a framework for agent-based modeling with integrated large language models; Case study: analyzing policy interventions in electric vehicle adoption

“…Sociotechnical systems represent a critical and evolving domain in the contemporary technological landscape, characterized by the intricate and dynamic interplay between social and technical com-ponents (Heydari 2023). These systems are becoming increasingly prevalent and complex, driven by emerging trends such as the rise of the sharing economy, the proliferation of multi-sided platforms, the growing need for resilient critical infrastructures, and the integration of humans with artificially intelligent units (Singh 2021;Kapoor et al 2021;Große 2023). Understanding these sociotechnical systems involves not just recognizing their present state but also forecasting how they might evolve over their life cycles, necessitating a deep understanding of the forces driving these interactions (Heydari and Pennock 2018).…”