The collaborative economy

A disruptive innovation or much ado about nothing?

Michel Avital, Magnus Andersson, Jeffrey Nickerson, Arun Sundararajan, Marshall Van Alstyne, Deb Verhoeven

Research output: Contribution to conferencePaper

20 Citations (Scopus)

Abstract

An economy based on the exchange of capital, assets and services between individuals has grown significantly, spurred by proliferation of internet-based platforms that allow people to share underutilized resources and trade with reasonably low transaction costs. The movement toward this economy of "sharing" translates into market efficiencies that bear new products, reframe established services, have positive environmental effects, and may generate overall economic growth. This emerging paradigm, entitled the collaborative economy, is disruptive to the conventional company-driven economic paradigm as evidenced by the large number of peer-to-peer based services that have captured impressive market shares sectors ranging from transportation and hospitality to banking and risk capital. The panel explores economic, social, and technological implications of the collaborative economy, how digital technologies enable it, and how the massive sociotechnical systems embodied in these new peer platforms may evolve in response to the market and social forces that drive this emerging ecosystem.

Original languageEnglish (US)
StatePublished - Jan 1 2014
Event35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014 - Auckland, New Zealand
Duration: Dec 14 2014Dec 17 2014

Other

Other35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014
CountryNew Zealand
CityAuckland
Period12/14/1412/17/14

Fingerprint

Innovation
Economics
Ecosystems
Environmental impact
Internet
Costs
Industry

All Science Journal Classification (ASJC) codes

  • Information Systems
  • Computer Science Applications

Cite this

Avital, M., Andersson, M., Nickerson, J., Sundararajan, A., Van Alstyne, M., & Verhoeven, D. (2014). The collaborative economy: A disruptive innovation or much ado about nothing?. Paper presented at 35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014, Auckland, New Zealand.
Avital, Michel ; Andersson, Magnus ; Nickerson, Jeffrey ; Sundararajan, Arun ; Van Alstyne, Marshall ; Verhoeven, Deb. / The collaborative economy : A disruptive innovation or much ado about nothing?. Paper presented at 35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014, Auckland, New Zealand.
@conference{f91eeb7f36f34b9fbf91129ad78ee1ce,
title = "The collaborative economy: A disruptive innovation or much ado about nothing?",
abstract = "An economy based on the exchange of capital, assets and services between individuals has grown significantly, spurred by proliferation of internet-based platforms that allow people to share underutilized resources and trade with reasonably low transaction costs. The movement toward this economy of {"}sharing{"} translates into market efficiencies that bear new products, reframe established services, have positive environmental effects, and may generate overall economic growth. This emerging paradigm, entitled the collaborative economy, is disruptive to the conventional company-driven economic paradigm as evidenced by the large number of peer-to-peer based services that have captured impressive market shares sectors ranging from transportation and hospitality to banking and risk capital. The panel explores economic, social, and technological implications of the collaborative economy, how digital technologies enable it, and how the massive sociotechnical systems embodied in these new peer platforms may evolve in response to the market and social forces that drive this emerging ecosystem.",
author = "Michel Avital and Magnus Andersson and Jeffrey Nickerson and Arun Sundararajan and {Van Alstyne}, Marshall and Deb Verhoeven",
year = "2014",
month = "1",
day = "1",
language = "English (US)",
note = "35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014 ; Conference date: 14-12-2014 Through 17-12-2014",

}

Avital, M, Andersson, M, Nickerson, J, Sundararajan, A, Van Alstyne, M & Verhoeven, D 2014, 'The collaborative economy: A disruptive innovation or much ado about nothing?' Paper presented at 35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014, Auckland, New Zealand, 12/14/14 - 12/17/14, .

The collaborative economy : A disruptive innovation or much ado about nothing? / Avital, Michel; Andersson, Magnus; Nickerson, Jeffrey; Sundararajan, Arun; Van Alstyne, Marshall; Verhoeven, Deb.

2014. Paper presented at 35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014, Auckland, New Zealand.

Research output: Contribution to conferencePaper

TY - CONF

T1 - The collaborative economy

T2 - A disruptive innovation or much ado about nothing?

AU - Avital, Michel

AU - Andersson, Magnus

AU - Nickerson, Jeffrey

AU - Sundararajan, Arun

AU - Van Alstyne, Marshall

AU - Verhoeven, Deb

PY - 2014/1/1

Y1 - 2014/1/1

N2 - An economy based on the exchange of capital, assets and services between individuals has grown significantly, spurred by proliferation of internet-based platforms that allow people to share underutilized resources and trade with reasonably low transaction costs. The movement toward this economy of "sharing" translates into market efficiencies that bear new products, reframe established services, have positive environmental effects, and may generate overall economic growth. This emerging paradigm, entitled the collaborative economy, is disruptive to the conventional company-driven economic paradigm as evidenced by the large number of peer-to-peer based services that have captured impressive market shares sectors ranging from transportation and hospitality to banking and risk capital. The panel explores economic, social, and technological implications of the collaborative economy, how digital technologies enable it, and how the massive sociotechnical systems embodied in these new peer platforms may evolve in response to the market and social forces that drive this emerging ecosystem.

AB - An economy based on the exchange of capital, assets and services between individuals has grown significantly, spurred by proliferation of internet-based platforms that allow people to share underutilized resources and trade with reasonably low transaction costs. The movement toward this economy of "sharing" translates into market efficiencies that bear new products, reframe established services, have positive environmental effects, and may generate overall economic growth. This emerging paradigm, entitled the collaborative economy, is disruptive to the conventional company-driven economic paradigm as evidenced by the large number of peer-to-peer based services that have captured impressive market shares sectors ranging from transportation and hospitality to banking and risk capital. The panel explores economic, social, and technological implications of the collaborative economy, how digital technologies enable it, and how the massive sociotechnical systems embodied in these new peer platforms may evolve in response to the market and social forces that drive this emerging ecosystem.

UR - http://www.scopus.com/inward/record.url?scp=84923394278&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84923394278&partnerID=8YFLogxK

M3 - Paper

ER -

Avital M, Andersson M, Nickerson J, Sundararajan A, Van Alstyne M, Verhoeven D. The collaborative economy: A disruptive innovation or much ado about nothing?. 2014. Paper presented at 35th International Conference on Information Systems: Building a Better World Through Information Systems, ICIS 2014, Auckland, New Zealand.