Scope of new sharing economy revealed
A new economic ecosystem is emerging. It may sound strange, but chances are you are already a part of the Sharing Economy: whether it's renting out that lawnmower you never use, catching a lift via an app instead of a taxi, or shirking the hotel to stay at the home of a local on your next holiday. Where once we bought and sold, today we exchange, share, barter, lend and give. These new forms of exchanges have been made possible by our increasing connectivity through the internet and social networks.
New research