Technology Sharing Decisions Digital Technologies and Sharing Economy

Abstract

As the conversation regarding sharing as well as economic alliance has heightened around the phrase “sharing economy”, the concept of digital sharing economy emanates more and more significantly. The objective of the paper is to support sharing of digital technologies and forums in order to achieve a sustainable shared economy. In addition, the research uses qualitative research methodology that relies extensively on literature review from assembled academic, peer – reviewed journal articles to improve comprehensive understanding on the impact of digital technologies on sharing economy. The research findings indicate that utilization of digital technologies enhances sharing economy and that the rising of digital sharing forums implies more individuals will be linked to resources closer to them as well as connected to each other. In conclusion, digital technologies in sharing economy offers significance collective solutions to areas such as employment and income generation; natural resources stewardship; asset sharing; knowledge exchange, education and professional establishment; crowd funding; new community – driven technological revolutions; disaster relief; and civic engagement.

Keywords: Sharing Economy, Digital Technologies, Digital Platforms, Collective consumption, Collective Economy

DOI: 10.7176/ISDE/12-1-04

Publication date: January 31^st 2021