To conclude on this first section, the sharing economy has some advantages with some explained above. It also contributes to the other businesses success because users will spend less money for example in accommodation with Airbnb and will spend more in other things. With the example of Airbnb it has been measured that this extra consummation due to low cost accommodation represented 600 million in extra income for business in new York during the year 2012. It comes in addition to all the advantages explained such as the flexibility, convenience, social communication and easy access to the self-employment.

However, the…


For other industries such as the accommodation or the rides, the sharing economy just find new ways of using existing assets. Within the financial sector, the sharing economy is linked to the notion of decentralized ownership of assets and services with a financial counterparty in a very different way that in the past. The peer-to-peer insurance and lending, the crowdfunding as well as the payments between peoples from the mass population become increasingly used meeting the expectations of the businesses and customers. Some companies decided to be focus on a specific area enabling peoples thanks to their platforms to contract…


In the previous story we understood the impact of economics drivers to push forward the sharing economy, now let’s analyse other drivers.

  1. Social

Two hundred years ago Adam Smith started to explain that the better way to reach a wealthier society is to have a more productive society. People will be able to work a lot motivated by their self-interest and this will be good for the society as a hole. Later everyone was encouraged to give up their free time and work more in order to consume more. But it arrived at the point where people do not have…


Several factors such as economic, social, technologic or environmental played an important role in the creation and expansion of the peer-to-peer economy. This section will be based on the economics drivers.

First of all it is probably mostly for economic reasons that the sharing economy looks like how it is today. As explained above, the period of financial crisis followed by recession weakened the capitalism way of thinking and consume. The turning point was probably the household crisis also called subprime crisis. It started with the American household market, there were two main groups : the investors (bank and investment…

Augustinbellet

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