Activity: Talks and presentations › Conference presentations
ABSTRACT - The sharing economy, also known as collaborative consumption, is emerging as a major driver of structural change in many sectors of the economy, and tourism is amongst the most vulnerable of sectors. Airbnb and Uber are the most visible companies leading the charge, but sharing economy start-ups are growing faster than any other component of the global economy. With a reported global flow into peoples’ wallets of over US$3.5 billion in 2013 and expected to grow at 25% per year to 2035, the sharing economy has been has been hailed as a significant disruptive innovation. Others argue that threatens to gut a wide range of economic sectors, it winds back consumer protection mechanisms, and it challenges hard-won labour rights. What is clear from these debates is that the sharing economy is complex and ambiguous. A lack of clarity about what the sharing economy entails is hampering the design and develop effective targeted responses. This presentation will examine the drivers of the sharing economy, and it will map out the sharing economy distinguishing between altruistic forms of sharing and new developments in what might be more accurately called the “platform economy”. Future challenges and broad policy responses will be discussed.
9 Oct 2015
10th INTO Innovation and Tourism International Seminar: Sharing Economy and Tourism