Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is meant by collaborative / sharing economy?

user-image
Question added by Abdul Rehman Zaheer , Marketing & Projects Specialist , King Fahd University of Petroleum & Minerals
Date Posted: 2014/10/16
Armando Izaguirre
by Armando Izaguirre , Senior Associate , Goldman Sachs

Otherwise known as collborative consumption, is the latest trend in startups (predominantly) in which previously informal human or physical resources is centralized into a formal means of consumption (website or mobile appliation) where it can be tracked, leveraged and consumed/shared.  Ultimately bipassing the premium-charging 'point-of-sale' systems like brick-and-mortar locaitons, and other private-sector establishments.  Crowd-funding is a great example.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.