Upsides and downsides of the sharing economy: Collaborative consumption business models’ stakeholder value impacts and their relationship to context
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In: Technological Forecasting and Social Change, Vol. 125, 12.2017, p. 87-104.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Upsides and downsides of the sharing economy
T2 - Collaborative consumption business models’ stakeholder value impacts and their relationship to context
AU - Dreyer, Betine
AU - Lüdeke-Freund, Florian
AU - Hamann, Ralph
AU - Faccer, Kristy
PY - 2017/12
Y1 - 2017/12
N2 - There is ambivalence and uncertainty surrounding the stakeholder value impacts of increasingly influential collaborative consumption (CC) business models. While we observe such models expanding from developed to emerging economies we lack an understanding of the role played by the local context in which they are embedded. It can be assumed that stakeholder value impacts, both positive and negative, are particularly pronounced in emerging economies. We thus ask, what are the stakeholder value impacts of CC business models and how are they influenced by an emerging economy context? Based on case studies in transport and cleaning services in South Africa, we develop a model of the three-way interactions between local context, CC business model, and stakeholder value impacts. Further, we define CC business models as manifestations of two-sided markets, which allows us to better understand their positive and negative impacts on their key stakeholders. Our analysis shows that both new and established CC business models must be carefully adapted to local contexts to make best use of their potential to create stakeholder value and to avoid unintended negative impacts on vulnerable social groups.
AB - There is ambivalence and uncertainty surrounding the stakeholder value impacts of increasingly influential collaborative consumption (CC) business models. While we observe such models expanding from developed to emerging economies we lack an understanding of the role played by the local context in which they are embedded. It can be assumed that stakeholder value impacts, both positive and negative, are particularly pronounced in emerging economies. We thus ask, what are the stakeholder value impacts of CC business models and how are they influenced by an emerging economy context? Based on case studies in transport and cleaning services in South Africa, we develop a model of the three-way interactions between local context, CC business model, and stakeholder value impacts. Further, we define CC business models as manifestations of two-sided markets, which allows us to better understand their positive and negative impacts on their key stakeholders. Our analysis shows that both new and established CC business models must be carefully adapted to local contexts to make best use of their potential to create stakeholder value and to avoid unintended negative impacts on vulnerable social groups.
KW - Business model innovation
KW - Collaborative consumption
KW - Context
KW - Sharing economy
KW - Stakeholder value
KW - Two-sided market
KW - Sustainability sciences, Management & Economics
UR - http://www.scopus.com/inward/record.url?scp=85018433289&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/c08c4e9e-cb82-3925-bdc5-12dae6cf852b/
U2 - 10.1016/j.techfore.2017.03.036
DO - 10.1016/j.techfore.2017.03.036
M3 - Journal articles
AN - SCOPUS:85018433289
VL - 125
SP - 87
EP - 104
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
SN - 0040-1625
ER -