sharing economy for hotell & fastigheter
TRANSCRIPT
The Sharing Economy------
Hotell & Fastigheter 201t6
Professor Robin Teigland Stockholm School of Economics
[email protected]/eteigland
@RobinTeigland
May 2016
http://www.slideshare.net/eteigland
Uber• Launched June 2010
• >330 cities in 60 countries • Limited physical assets• USD 60 bln valuation (Ericsson – USD 25 bln)
Exponential growth by “doing more with less”
A system that activates the untapped value of all kinds of assets through
models and marketplaces that enable greater efficiency and access.
- Botsman
The Sharing Economy
Harvard Business Review, 2014
The Sharing Economy: Embracing Change with Cautionhttp://www.slideshare.net/eteigland/sharing-economy-webb
“Sharing” is big business…
http://www.web-strategist.com/blog/2015/06/04/the-collaborative-sharing-economy-has-created-17-billion-dollar-companies-and-10-unicorns/
USD 26 bln today -> USD 335 in 2025
Increasing efforts to regulate the sharing economy
If Uber were to pay drivers as employees in USA
Spawning a new form of capitalism -Modern day sweatshops?Digital Robber Barons?
“Monopoly” platform “Monopoly” platform
“Perfectcompetition”
“Perfectcompetition”
Banking is essential,
but banks are not.
Bill Gates
What is crowdfunding?
Accumulation of small investments in individual projects by large number of
individuals (the “crowd”) via or with help of Internet and social networks (De
Buysere et al., 2012)
Picture: FundedByMe
Local Stockholm success story
Money raised: SEK 36,502
Number of investors: 186
Date funded: September 2011
Sector: Food
Enabling local, small-scale solutions
Top 5 Best American
Restaurants in Europe
http://travel.cnn.com/best-americana-restaurants-europe-023346
Increasing forces for local community
Toborrow.se
Hoffice – a Swedish concept gone global
US: 40% of workforce
freelancers
Spacehop: “Airbnb” for home-office space
Scheveningen Harbor – The Hague
Moving into hardware:A 3D printer workshop on Lisette’s boat
RepRap communityE-commerce
My first attempt at 3D printing – successful!
Microfactories and global 3D printer networks
Enabling circular economies
• Printers printing themselves• Recycling local garbage into filament
Enablers of a “true” Collaborative Economy?
Blockchains and smart contracts
Cryptocurrencies
Sharing/ Collaborative
Economy
IoT/sensors
P2P/M2M micropayments
Big data
The challenge of ensuring trust
1. Trust in the platform2. Trust in the other users
3. Trust in the products and services4. Trust in the financial transactions
Leap of faith when meeting strangers -> Increased trust
in society?
Innovation is forward looking
while regulations are backward
looking.
http://www.weforum.org/sessions/summary/rise-demand-economy
Robin [email protected]
www.slideshare.net/[email protected]
If you love knowledge, set it free…
If you like this presentation and would like to contribute to our research, we accept bitcoins: 14hs4JbnQLXE87GGzu84uXGaspmxmnLpwC.Thank you!!!!!
Scenarios for 2020
http://www.slideshare.net/eteigland/sharing-economy-webb
Four scenarios for 2020High Tech Adoption
Global Recession
Global Growth
Internet of Space• Differentiated SE platforms
• Attraction of talent• Test market
• Focus on privacy and integrity• Transitioning industries
Freelance Economy• Differentiated SE platforms• High tech skills “exported”• Expansive crowdfunding
• Neo-sharing• “De-urbanization”
Business as Usual• Limited SE platforms
• Neo-sharers• Steady growth in freelancing
• Crowdfunding
Shadow Economy• TaskRunner society• Vast urbanization
• Monopoly SE platforms• Barter economy
Low Tech Adoption