The Distinctive Domain of the Sharing Economy: Definitions, Value Creation, and Implications for Research

Gideon D. Markman*, Marvin Lieberman, Michael Leiblein, Li Qun Wei, Yonggui Wang*

*Corresponding author for this work

    Research output: Contribution to journalJournal articlepeer-review

    27 Citations (Scopus)

    Abstract

    The objective of this special issue is to expand our understanding of the sharing economy. To this end, we consider how the sharing economy can be demarcated and provide a definition that distinguishes the sharing economy from other forms of economic organization and resource orchestration. Specifically, the sharing economy entails multisided platforms that facilitate user access to – rather than ownership of – assets that are rivalrous in their use, and that are not owned by said platforms. Using this definition, we identify and show how the sharing economy creates and distributes economic value among participants and we summarize the six articles in the special issue. All in all, this introduction and the six studies clarify how the sharing economy and its three main constituencies – sharing platforms, asset providers, and users – reduce commercial friction by increasing trust, facilitating interaction, easing resource access and orchestration, and maximizing ecosystem-wide value.

    Original languageEnglish
    Pages (from-to)927-948
    Number of pages22
    JournalJournal of Management Studies
    Volume58
    Issue number4
    Early online date24 Mar 2021
    DOIs
    Publication statusPublished - Jun 2021

    Scopus Subject Areas

    • Business and International Management
    • Strategy and Management
    • Management of Technology and Innovation

    User-Defined Keywords

    • digital platforms
    • rivalrous assets
    • sharing economy
    • temporary access

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