Sharing Economy: Promote Its Potential to Sustainability by Regulation

Responsible users and platform competition: A computational model

Corporate Social Responsibility (CSR) is an increasingly important topic in business, especially in the context of digital platforms where consumers and policymakers care about the social responsibility of platforms. This paper introduces the concept of responsible users, defined as users who make decisions considering their CSR preferences in platform settings. However, how responsible users may affect platform strategic behavior and competition is unclear. Therefore, we propose a computational model of platform price competition that considers the presence of responsible users. We find that CSR preferences have pro-competitive effects that reduce prices and profits in equilibrium. However, this effect depends on how large CSR preferences can be. We also explore several market asymmetries and clarify their implication for platform price structures and profits. Furthermore, we find that it only matters that users express their CSR preferences, regardless of how those preferences are generated. By integrating the responsible user concept into platform competition, our work contributes to both platform competition and CSR literature. We discuss practical implications for platform users and managers and future research opportunities.

Goodbye materialism: exploring antecedents of minimalism and its impact on millennials well-being

The purpose of the study is to explore the antecedents of minimalism and, further, to study the impact of minimalism on millennials' well-being via a sense of fulfilment. To understand the origins of minimalism and its following effects on well-being, a theoretical framework is created. An online survey with a structured questionnaire was created to collect the necessary data from respondents. SMART PLS was used to analyse the suggested framework. This research establishes the mediating role of a sense of fulfilment in the interactions between minimalism and well-being and shows how environmental awareness, contemporary aesthetics, voluntary simplicity, normative influence, and resource sharing positively lead to minimalism. A minimalist lifestyle will help to preserve precious resources, reduce waste, and lower carbon emissions, all of which will have a significant positive influence on the environment. Additionally, clearing up clutter will give them more room and time, which will improve their well-being because they will have more time for their family and interests. The study suggests a thorough model to comprehend the origins of minimalism. Additionally, it established a connection between well-being and minimalism.

Sustainability Perspectives of the Sharing Economy: Process of Creating a Library of Things in Finland

The transition from a linear economy to a circular economy requires a new way of thinking. In a circular economy, products are used more intensively, for example, by sharing them with others. To understand the possibilities of the sharing economy, environmental, social and economic impacts all need to be considered. The purpose of this paper is to shed light on the importance of the sharing economy as well as to increase understanding of how public sharing-economy services can be launched. The research methods used include a case-study approach and assessment of greenhouse gas emissions. In this paper, an implemented cooperation process of creating a tool and device library (the Library of Things) in a small Finnish municipality is described. Furthermore, the library’s impact on greenhouse gas emissions during the first 14 months of operation is assessed. The results indicate that approximately 5752 kg CO2eq was avoided during the 14-month period, assuming that with each loan, manufacturing of a new good was avoided. In addition, strong implications of local positive effects on social sustainability were found.

Investigating the effect of carbon tax on sharing network participation

Purpose

The purpose of this paper is to investigate the effect of current carbon tax (CT) policy on organizations involved in a sharing network relation.

Design/methodology/approach

For finding the CT and economic value of the industries connected in a sharing network model a multi-objective multi-integer linear model has been formulated. The data set of the case organization is used for computation. The formulated mathematical model is computed with the aid of GAMS optimization program.

Findings

This research paper demonstrates the effectiveness of the sharing network strategy in increasing the economic value and decreasing the CT for industries involved in sharing network. The CT value INR 3,012.694 for the industries in Scenario II which incorporates the sharing network is less than the CT INR 3,580.167 for industries in Scenario I without sharing network.

Research limitations/implications

The data used for the computation is based on a particular sharing network under investigation. The formulated mathematical model can be checked with similar sharing networks by varying the parameters.

Practical implications

This work can aid in gaining complete knowledge on the sharing network strategy which can uplift the resources and the monetary value of the non-efficient industries moving them towards sustainable and greener supply chain practices.

Social implications

The presented work can impact various industries in developing countries providing them with a strategy to enhance their resources and economic value by maintaining an amicable relation.

Originality/value

This work uniquely was able to validate economic feasibility and CT in accordance with the carbon footprint involved in sharing network. This sharing network also incorporates the concepts of circular economy and reverse logistics for showcasing a better strategy.

Toward a Circular Economy in the Toy Industry: The Business Model of a Romanian Company

Nowadays, more and more business organizations are encouraged to find ways to produce high-quality products that are offered to users for their temporary enjoyment and then redistributed or sent to the next user pending. This is done without being conditioned to believe that we need to own something, use it for certain functions for a limited amount of time, and then throw it away. Toys are a perfect candidate for this approach. Given the lack of case studies explaining how companies can design and implement a circular economy in practice, especially in the toy industry, this study aimed to develop a case study based on Evertoys, a start-up operating in Romania, which is a country where the circular economy is only in an infancy phase. This study’s objective was to analyze this business model from the circular economy perspective. Regarding the methodology, the work followed the research strategy of the case study, which was developed by analyzing the opportunities and challenges of this toy-as-a-service model and taking into consideration the components of the Business Model Canvas. Our findings indicated the presence of driving factors, as well as barriers, in the implementation of circular economy practices.

Is the Sharing Economy Green? Evidence from Cross-Country Data

Using cross-sectional data from 165 countries, this study takes a fresh look at whether or not the sharing economy is a green solution for countries. This study relies on the Timbro sharing economy index and uses both carbon emission and environmental performance index as proxies for the greenhouse gas effect and overall environment, respectively. Due to limited sample size and non-normal distribution of the sample, this paper applies the Bayesian regression model, which is based on posterior distribution. The findings suggest the following: (1) a high sharing economy level has a negative relationship to carbon emissions but a positive relationship to overall environmental performance; (2) the joint variables show that a high sharing economy level together with high broadband access, urbanization, and high education level reduces carbon emissions; and (3) for manufacturing countries, a high sharing economy level together with high urbanization is associated with comparatively low carbon emissions and high environmental performance. In general, these findings allow us to conclude in favor of the contribution made by a high sharing economy level to sustainability.

Criteria, Indicators, and Factors of the Sustainable Energy-Saving Economic Development: The Case of Natural Gas Consumption

To solve the contradiction between achieving long-term economic growth and reducing the consumption of certain types of resources, the concept of sustainable resource saving economic development must be put into practice. The purpose of this research is to establish criteria, develop indicators, and identify factors of the sustainable energy-saving economic development, as well as to test the developed theoretical provisions using the example of natural gas consumption by different countries. To achieve this goal, various methods were used, including economic and mathematical modeling, time series analysis, factor analysis, regression analysis, and so on. The criteria were formalized, according to which a certain type of economic development can be attributed to energy saving both at the level of the state economy as a whole and at the level of individual industries and enterprises. It was established that the formalized criteria of the sustainable energy-saving economic development have the form of chains of inequalities, and their application makes it possible to identify the general conditions for ensuring this type of development. The main properties of energy-saving economic development were identified. They include the pace of this development, its potential, balance, permanence, and other characteristics. Indicators that can be used to quantify these characteristics were developed. The factors influencing the scale and time characteristics of sustainable energy-saving economic development at the level of the state economy and that of industries and individual enterprises, were systematized. The dynamics of natural gas consumption in different countries was analyzed. The reasons for the lack of energy-saving natural gas economic development in some countries were identified. A quantitative assessment of the properties of this type of economic development by country was conducted. The influence of some factors on the parameters of the sustainable energy-saving natural gas economic development of countries was analyzed. The existence of a negative effect of the rebound in the consumption of natural gas was established at certain intervals in some countries. The obtained results provide an opportunity to increase the degree of understanding of the complex patterns that underlie the sustainable energy-saving economic development of states, industries, and enterprises. These results can also be used in the development of government programs to stimulate energy conservation.

New Puppets in the Old School: The Applicability of Traditional Internationalisation Theories in the Sharing Economy

Sharing Economy platforms have expanded their operations all around the globe at an unexpected rate. Due to its “asset-lite” nature, traditional internationalisation theories may not be able to fully explain or predict their expansion patterns. This lack of theoretical background puts at risk the phenomenon’s future and stops traditional companies from coming up with a solid plan to compete against platforms. To ease the creation of a Sharing Economy internationalisation paradigm, this paper intends to review the existing research regarding the internationalisation of sharing platforms as well as the applicability of existing theories. Through a systematic literature review, the existing research was reviewed, and afterwards, internationalisation theories and their distinct factors extracted were noted to address the applicability of these within the singularities of the sharing phenomenon. This classification of factors was done according to the exiting literature in the field. After this research, we can confirm the lack of explanatory power of traditional theories regarding sharing platforms and confirm the insufficient research regarding these operations. We propose a list of factors that should be considered for future research as a guideline for the further development of the Sharing Economy internationalisation theory. Additionally, the factors classification is tested upon the case of the internationalisation of Blablacar, the most extensive carpooling network operating, to check if the theoretical and the practical approaches converge.

The Role of Digital Technology Platforms in the Context of Changes in Consumption and Production Patterns

The article focuses on issues relating to achieving sustainable development by promoting new consumption and production patterns based, for example, on sharing resources and doing business exclusively in a digital environment. This topic is extremely important because sustainable development is a fundamental concept aimed at improving the functioning of the present and future generations. The main focus of the article is to show the role played by digital technology platforms within this concept, including in relation to consumption and production patterns. The article is based on two research methods—CATI (i.e., computer-aided telephone interviews) and regression analysis for CATREG quality variables. It has been established that digital technology platforms significantly influence the creation and development of modern business models and increase the quality and intensity of relations between various company stakeholders, which is the basis for promoting new consumption and production patterns—including those based on the sharing economy, subscription to various products and services or the functioning of virtual markets, enabling purchase and sale transactions.

The Importance of the Sharing Economy in Improving the Quality of Life and Social Integration of Local Communities on the Example of Virtual Groups

The main objective of the article was to demonstrate and prove the role of the sharing economy in integrating local communities as well as in improving the quality of life of urban residents. The sharing economy is an alternative model of consumption entered around an access to given goods without the need to possess it. The concept fits excellently into the ideas that are at the core of the social economy. Internet groups operating in the area of the sharing economy were analysed for the purpose of the article. Their members either live in or have other bonds with Krakow. They are usually focused around issues important for local communities. In the research, a triangulation method was used, involving a desk analysis as well as a passive observation and a covered participative observation. Such choice of methods allowed for the topic of the impact that the sharing economy has on the integration and the quality of life of urban residents to be analysed. The research confirmed that the sharing economy; as a form of social innovation; influences the improvement of the quality of life. Online groups integrate local communities and have a significant impact on the quality of life of city residents (T1; T2; T3; T4). The bilateral nature of dependency between the sharing economy and the quality of life was noticed. Firstly; the sharing economy affects the shape and quality of the product or service that is the subject of the transaction. It is also crucial to create a general “ambience of a site” in the internet group; which supports and stimulates satisfaction of the needs related to the sense of individuality; authenticity and community. On the other hand; the sharing economy affects the satisfaction of residents through economic; psychological; political and social impacts as well as individual ones; related to, e.g., the development of creativity and the acquisition of new skills

Is Sharing a Better Alternative for the Planet? The Contribution of Sharing Economy to Sustainable Development Goals

The sharing economy has been presented as a potential contributor to the UN Sustainable Development Goals (SDGs) due to the change it brings to consumption patterns. Although this potential has been identified in different papers, there is not, as far as we know, a single article that explains in detail all the possible platforms through which the sharing economy can contribute to the achievement of the SDGs. This paper addresses this topic by reviewing the existing literature involving the sharing economy and the SDGs, and by analyzing the main characteristics attributed to this business model, and how each one of them may in theory contribute to the SDGs. Our paper advances the field by establishing hitherto undiscovered relationships between the two concepts, while laying the foundations for corroborating our theoretical findings in future analytical studies.

Value configurations in sharing economy business models

The sharing economy gains momentum and develops a major economic impact on traditional markets and firms. However, only rudimentary theoretical and empirical insights exist on how sharing networks, i.e., focal firms, shared goods providers and customers, create and capture value in their sharing-based business models. We conduct a qualitative study to find key differences in sharing-based business models that are decisive for their value configurations. Our results show that (1) customization versus standardization of shared goods and (2) the centralization versus particularization of property rights over the shared goods are two important dimensions to distinguish value configurations. A second, quantitative study confirms the visibility and relevance of these dimensions to customers. We discuss strategic options for focal firms to design value configurations regarding the two dimensions to optimize value creation and value capture in sharing networks. Firms can use this two-dimensional search grid to explore untapped opportunities in the sharing economy.