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The Rise of the Sharing Economy

The Rise of the Sharing Economy
Author: Kevin Govender
Publisher: Jonathan Ball Publishers
Total Pages: 263
Release: 2021-09-27
Genre: Business & Economics
ISBN: 1776260996

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Is access the alternative to ownership? In 2011, the sharing economy was dubbed by Time magazine as one of the 'Ten ideas that will change the world' and it has been widely hailed as a major growth sector, by sources ranging from Fortune magazine, to the World Economic Forum, to former President Obama. The sharing economy is a new economic model that focuses on access to assets or resources, instead of ownership. It has exploded in popularity over recent years and has disrupted a significant number of mature industries such as accommodation, automotive, and entertainment. The total value of the global sharing economy is estimated to grow from $14 billion in 2014 to $335 billion by 2025. With limited resources, the desire to become more environmentally conscious, the high cost and burdens of ownership, and a rapidly growing population, living increasingly in densely populated cities, consumers are faced with greater challenges and opportunities to fill their consumption needs. People are experiencing a significant value shift with a desire to reconnect with products and services in a more meaningful way, are becoming more cost and environmentally conscious, and are prioritising experience over ownership. An organisation's ability to reimagine and reinvent its business model to offer unique opportunities for humanising technology and developing innovative sharing platforms, such as Uber and Airbnb, would be a game changer for them. While the Fourth Industrial Revolution and COVID-19 pandemic are influencing and changing consumer behaviour, organisations are facing a dilemma that is affecting the future of their profitability, existence, and sustainability. In The Rise of the Sharing Economy, Kevin Govender shares his insights and expertise on the evolution of the sharing economy, consumer behaviour, and alternative business models, and empowers consumers to rediscover and realise the enormous benefits of access over ownership, and the potential savings in time, money, space and the opportunity. Access is a cultural and socio-economic phenomenon that is transforming businesses, consumers, the way we live, work, learn, consume, commute and play. Access is the new ownership.


Uber-Positive

Uber-Positive
Author: Jared Meyer
Publisher: Encounter Books
Total Pages: 42
Release: 2016-06-07
Genre: Business & Economics
ISBN: 159403902X

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Entire industries are being transformed, consumers have more power than ever before, and people are finding new ways to earn a living—even in today’s slow economic recovery. All of these improvements stem from the rise of the so-called sharing economy. Even in the face of these benefits, innovation is in danger of being suppressed because of overzealous government regulation that protects existing businesses—all behind the façade of consumer safety. This book chronicles Uber’s battle against the New York City taxi industry and its supporters in the government. It also shows the need to stand up for entrepreneurs and the vast benefits that they provide for consumers. As innovators tirelessly work to drive the economy forward, too often regulators function as annoying backseat drivers or roadblocks.


Global Perspectives on Legal Challenges Posed by Ridesharing Companies

Global Perspectives on Legal Challenges Posed by Ridesharing Companies
Author: Zeynep Ayata
Publisher: Springer Nature
Total Pages: 289
Release: 2020-09-28
Genre: Law
ISBN: 9811570353

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This book examines how regulators and policymakers from nine different countries have dealt with Uber, and initiates a legal dialogue between different jurisdictions that could potentially pave the way to a harmonized approach in regulating Uber. The case studies, conducted in Brazil, Germany, Italy, Mexico, Spain, South Africa, Turkey, the UK and the US reveal the case law and regulatory responses that have been adopted in various areas of law. Legal issues relevant to Uber include market regulation, labor law, civil liability, consumer protection, unfair competition and antitrust law. The book thus compares and contrasts the regulatory policy implications of the disruptive innovation created by Uber in the area of transport services. The book starts with a conceptual overview of the legal challenges posed by Uber and concludes with comparative findings based on the individual case studies. In addition to introducing academics and legal practitioners to the theoretical and practical legal problems they may encounter in connection with Uber, the book will especially appeal to policymakers, who can benefit from and compare the experiences of other jurisdictions.


Creative Destruction and the Sharing Economy

Creative Destruction and the Sharing Economy
Author: Henrique Schneider
Publisher: Edward Elgar Publishing
Total Pages: 151
Release: 2017-01-27
Genre: Business enterprises
ISBN: 1786433435

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While creative destruction and disruptive innovation change the entrepreneurial landscape; regulation – especially regulation of sectorial markets and competition regulation – can delay this change or even bring it to a halt. Uber plays an active role between these two forces: first as an agent of creative destruction and then possibly in championing regulation on its own terms. Grounded in a particular understanding of the economic concept of the market as a series of processes, this book explores the implications of creative destruction, competition regulation and the role that businesses play. Instead of discussing these relations in a purely abstract manner, this book uses Uber as a case study.


Sharing Mobilities

Sharing Mobilities
Author: Davide Arcidiacono
Publisher: Routledge
Total Pages: 109
Release: 2019-10-14
Genre: Education
ISBN: 0429574843

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This book examines contemporary urban sharing mobilities, such as shared and public forms of everyday urban mobility. Tracing the social and economic history of sharing mobilities and examining contemporary case studies of mobility sharing services, such as Car2go, BlaBlaCar, and Uber, the authors raise questions about what these changes mean for access to and engagement with the public spaces of transport in the city. Drawing on the thought of Lefebvre, the book considers how contemporary sharing mobilities are affecting people’s ‘right to the city’, with particular attention paid to the privatised, frictionless practices of movement through the city. In addition, the authors ask what has happened to earlier forms of shared mobility and illustrate how some of these practices continue successfully today. Considering the potential that modern incarnations of shared mobilities offer to urban citizens for engaging in meaningful shared mobilities that are not simply determined by the interfaces of technology and market forces, this book will appeal to sociologists and geographers with interests in mobility and urban studies.


Environmental impacts and potential of the sharing economy

Environmental impacts and potential of the sharing economy
Author: John Magne Skjelvik
Publisher: Nordic Council of Ministers
Total Pages: 81
Release: 2017-10-19
Genre: Business & Economics
ISBN: 9289351578

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The various sharing initiatives seen in the Nordic countries over the last years within transportation, housing/accommodation, sharing/renting of smaller capital goods and personal services could yield considerable benefits for consumers due to better quality and/or lower prices of the services. They also have a potential for emissions reductions of CO2 and local pollutants. However, savings from lower prices could lead to increased emissions from increased demand of the services (particularly transport) and increased spending on other goods and services. Depending on how consumers spend their savings, these changes could partly, wholly or more than offset the initial emission reductions. The impacts on overall CO2 emissions depend on whether the emissions are taxed, part of the emissions trading system EU ETS or not regulated at all.


The Sharing Economy and the Relevance for Transport

The Sharing Economy and the Relevance for Transport
Author:
Publisher: Academic Press
Total Pages: 164
Release: 2019-11-01
Genre: Law
ISBN: 0128162112

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The Sharing Economy and the Relevance for Transport, Volume Four in the Advances in Transport Policy and Planning series, assesses both successful and unsuccessful practices and policies from around the world. Individual chapters in this new release include Cars and cities in the sharing economy, The future of public transport within the sharing economy, Sharing vehicles and sharing rides in real time: opportunities for self-driving fleets, Car parking in the future, Car share’s impact and future, Bike Share, and much more. Provides the authority and expertise of leading contributors from an international board of authors Presents the latest release in the Advances in Transport Policy and Planning series Updated release includes the latest information on the evolving impact of The Sharing Economy and The Relevance For Transport


Uber—Brave New Service or Unfair Competition

Uber—Brave New Service or Unfair Competition
Author: Jasenko Marin
Publisher: Springer Nature
Total Pages: 223
Release: 2019-10-19
Genre: Law
ISBN: 3030315355

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This book analyzes the legal issues connected with the provision of Uber-related services. It primarily focuses on the various contractual and non-contractual relationships that occur during the use of Uber applications, especially with reference to Uber headquarters (Uber App), Uber branch offices (advertisements), Uber partner drivers (employees or self-employed), Uber application registered users, Uber transportation service users (contracting passenger) and third-party Uber transportation service users (additional passenger). It also provides a comparison of standard transportation services and contracts of carriage, irrespective of whether the carrier in question is a common carrier, contractual carrier, actual carrier or an intermediary service provider. Furthermore, the book presents the relevant case law, especially with regard to Uber as a taxi service, Uber as a share-riding service, Uber as a rent-a-car with driver service, Uber as an employer and Uber as a key organizer of transportation service, in Croatia, Belgium, Germany, Italy, the Netherlands, United Kingdom, United States, Hungary, Argentina, and France. Lastly, it explores the different legislative approaches to resolving various issues related to the appearance of Uber and similar companies – the Laissez-faire model, Status Quo model, Legal Adjustment model, and the New Legislative Paradigm model.


Regulation of Ride Sharing Platforms

Regulation of Ride Sharing Platforms
Author: Arthur Herzog
Publisher: GRIN Verlag
Total Pages: 64
Release: 2023-12-19
Genre: Business & Economics
ISBN: 3346985423

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Master's Thesis from the year 2018 in the subject Business economics, grade: 1,7, University of Cologne (Faculty of Management, Economics and Social Sciences), language: English, abstract: How should ride-sharing platforms be regulated? The main aim of this master thesis is to provide a framework for regulators, that helps to create an appropriate regulation for ride-sharing platforms in countries like Germany where ride-sharing platforms are currently banned. To achieve that, the main differences between the conventional taxi industry and its new sharing economy entrants are outlined, and a questionnaire is used to empirically identify advantages as well as disadvantages of ride-sharing platforms. Based on these results and on the related literature, new regulatory approaches are developed. With the rise of the internet came the rise of the sharing economy. This sharing economy is characterized by platforms which enable peers to share products and services with other peers. Hereby, these platforms are criticised to disrupt traditional industries. One famous example is the ride-sharing platform Uber which entered the taxi market and competes with conventional taxi organisations. Uber was founded in 2009 and experienced an enormous growth since then. Uber is available in 65 countries, is used by 75 million riders and 3 million drivers, and completes 15 million rides per day. However, Uber is heavily criticised by taxi drivers because they argue that Uber bypasses local licensing and safety laws and amounts to unfair competition. There are many protests by taxi drivers against Uber all over the world. In addition, Uber is criticized for being not safe. For example, the public awareness campaign `Who ́s driving you?` promotes for-hire vehicle safety and provides a list of safety incidents highlighting the risks of Uber and Lyft. Nevertheless, ride-sharing platforms like Uber offer several advantages to the public, for example user-friendly ride-hailing, cheaper transport prices, and new flexible job opportunities.