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sharing economy

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Also known as collaborative economy, shareconomy, collaborative commons, collaborative consumption

economic and social systems that enable shared access to goods, services, data and talent

Wikidata facts

Instance of
economic system
Has parts of class
product-service system
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topic's main category
Category:Sharing economy
topic has template
Template:Sharing economy
Commons category
Sharing economy
Sources (3)

via Wikidata · CC0

~40 min read

Encyclopedic overview

The sharing economy is a socio-economic system whereby consumers share in the creation, production, distribution, trade and consumption of goods, and services. These systems take a variety of forms, often leveraging information technology and the Internet, particularly digital platforms, to facilitate the distribution, sharing and reuse of excess capacity in goods and services.

It can be facilitated by nonprofit organizations, usually based on the concept of book-lending libraries, in which goods and services are provided for free (or sometimes for a modest subscription) or by commercial entities, in which a company provides a service to customers for profit.

Excerpted from Wikipedia’s “sharing economy” article, available under the CC BY-SA 4.0 licence.