Collaborative Economy

ReInvent.com

778-328-2861

Jeremiah Owyang

Crowd Companies

Collaborative Economy:

The Collaborative Economy is an economic model where commonly available websites enable people to get what they need directly from each other, by-passing corporations. Many call this the “Sharing Economy,” renting your cars, tools or an extra bedroom to someone in your neighborhood.  However it is not altruistic sharing.  This is commerce, because it is dependent upon the exchange of money.  It is simply hiring, buying or renting from others without a corporate middle-man. Successful models are Uber, Air BnB and Etsy. 

The Collaborative Economy is disrupting traditional business. There are billions to be made for the website owner that makes collaboration possible, so who do you think owns these trending websites?  You guessed it, the one percenters, because they are the venture capitalist that provide the funds to develop the websites. 

The positive impacts of the Collaborative Economy are the elimination of monopolies, the decentralization of business and the maximizing of your earning potential as a free agent. It also provides connection by bringing people together in their local neighborhoods.

Janelle Orsi

Emily Castor

Documentary Trailer

Arun Sudararajan,
Professor at NYU
Crowd-Based Capitalism

What to call it?

Share Economy
Peer Economy
Access Economy
Gig Economy
Shared Capitalism
Collaborative Consumption
Collaborative Economy
On-Demand Economy
Circular Economy
Mesh Economy
Enabling Economy
Empowering Economy
Connection Economy
Cooperative Capitalism

Rachel Botsman

Rachel Botsman

Rachel Botsman