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Sharing Economy: The New-Type Traditional Model for Boosting Economic Development(No.157, 2016)


By Qian Pingfan, Research Department of Industrial Economy, DRC & Qian Pengzhan, Davis School of the University of California

Research report No.157, 2016 (Total 5040)


Abstract: Sharing economy is a peer-to-peer cooperative economic system based on platforms, which is a new version of the traditional model being intelligently revitalized. Sharing economy has become a kind of new economy that boosts global economic development through various innovative models such as peer-to-peer production model based on common sharing and prosumer-based economic development model. Sharing economy can be considered as the third model for economic development, but its arbitrage behavior on policy can lead to contradictions and conflicts. Therefore, it should be developed separately from other platform economies and efforts need to be made to explore an innovative development model based on community currency. In order to boost the sound and sustainable development of sharing economy, we make the following suggestions. First, we need to distinguish sharing economy from other platform economies and conduct classified management. Second, we need to enhance the study of sharing economy and provide theoretical support for policy making. Third, we need to promote a prosumer concept and supervise the qualification transformation of prosumers. Fourth, we need to get ready for block chain revolution and create the new prospect of sharing economy based on block chain. Fifth, we need to require the platform enterprises to govern themselves and strengthen the standardization and supervision of platforms.

Key words: sharing economy, economic development model, intelligent platform, peer-to-peer cooperation