What is the Digital Sharing Economy?
SHARING ASSETS - PHYSICAL, FINANCIAL, AND/OR HUMAN CAPITAL - BETWEEN MANY WITHOUT TRANSFERRING OWNERSHIP, VIA A DIGITAL PLATFORM, TO CREATE ECONOMIC VALUE FOR AT LEAST TWO PARTIES.
Power to Transform Emerging Markets
Commercial success stories, like AirBnB, Uber and Kickstarter, are not designed for those at the base of the pyramid. The 2.2 billion people living on less than $2 a day typically do not have a room to rent, a car to share, or idle cash to lend.
However, that doesn’t mean the sharing economy is irrelevant to the world’s poorest. Quite the opposite. We believe that these successful models can and should be adapted for mass markets in the developing world -- the sharing economy is especially relevant in asset-scarce emerging economies.
The key principles that underpin current digital sharing models are potent and globally applicable. Organizations that apply them successfully [FV1] can create tremendous value. Here we’ve laid out how the digital sharing economy can address three pressing development needs:
YU A2C AgP[FV2]