Preview

Key Drivers Of Change And Motivation Impelling The Sharing Economy: Analysis

Good Essays
Open Document
Open Document
1203 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Key Drivers Of Change And Motivation Impelling The Sharing Economy: Analysis
1. Key Drivers of Change and Motivation Impelling the Sharing Economy
The motivation of people to participate in collaborative consumption can have different grounds. While Albinsson and Perera (2012) argue that motivation can either be of altruistic or utilitarian character, Hamari et al. (2013) and Van de Glind (2013) divide the reasons into being of intrinsic or extrinsic nature. Sharing activities that are driven by intrinsic motivation are stimulated by a desire for experiencing pleasure and fun from taking part in them. On the other side, extrinsically motivated action is motivated by some sort of outside influence. These outside influences, for instance, can be positive (expectations) or negative (fears).
In my thesis I have chosen to
…show more content…
Food sharing proves to be very effective in terms of saving edible resources. The purpose is to rather gift an excessive amount of food instead of throwing it away. In Austria and Germany the webpages foodsharing.at and foodsharing.de have a simple principle: Users create virtual baskets with food, which they want to give away, on the web. They can decide whether prospective customers should pick up the real baskets with edibles inside from their doorstep or at a so-called hotspot in town. This is an easy way to prevent food from rotting in the fridge when going on holidays or giving leftovers of the last party away to other people nearby. In the case of rarely used equipment in the areas of gardening and do-it-yourself, savings in resource consumption are very adept as such tools usually have a long useful life and do not need to be possessed by every household. Localtools.org, established in the US, facilitates consumers to lend their tools instead of buying them. Customers find this very convenient and in recent years, tool sharing became a popular way to get things done with stuff that will be used more often than in a usual ownership economy. For instance, lawnmowers have an approximate useful life of 400-600 hours in 15 years, but are only used two thirds of that time. Leismann et al. (2013) estimate that around one third of the useful …show more content…
After the experience, host and traveler can write an online reputation about each other, which helps other consumers to decide about staying with or hosting a person. This business model is one of the prime examples for community sympathy in sharing economy. Land sharing is another sharing economy business model, which enables individuals to engage in activities and build a community. The internet start-up Landshare (2009) says that their service connects people with the same passion to share land, knowledge and home-grown food. Meetings, events and collaborative gardening can be organized via the webpage. Albinsson and Perera (2012) bring about sharing events as another channel of community shaping and outline the need to conceive social capital amid human beings. It is very substantial to reconnect with others and sharing gives an easy way to do that and create appraisal outside of monetary

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The second article by Catharine Hamm circles around the fact that the sharing economy is so much more than just about money, in the same way as the first article. Catharine Hamm shares her peer-to-peer experience about when she was on a trip to Denver, where she found out that the sharing economy is about making connections, finding real people and getting insider information to experience a city more fully; “I met the nicest people, ate and slept well, found great office space, took a fun tour and learned a lot about my host city”(p.1, l.30-34). Furthermore, she claims that most of all the sharing economy is about trust, and that the trusting souls are a part of the sharing economy. She describes an experience with Beth Brandstatter through…

    • 215 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Unit 6 Assignment 3

    • 402 Words
    • 2 Pages

    Exchange operates within cultural norms, and social credit is preferable to social indebtedness. The language of Social Exchange theory betrays its assumption that we are all in it for ourselves. The basic formula for predicting the behavior for any properly socialized individual in any situation is: Behavior (Profits) = Rewards of interaction - Costs of Interaction.…

    • 402 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    We can often eat locally by buying from farmers markets, supporting small farms, and shopping at the local food co-op. Sometimes, however, the food in these places might come from too far away to be considered local. For the purposes of this essay, food will be considered local if it comes from within a one-hundred mile radius. Is eating and supporting locally grown food beneficial? Michael Pollan’s “Behind the Organic-Industrial Complex,” Rachel Carson’s “The Human Cost,” and Peter Huber’s “How Cities Green the Planet” each provide insight into the way locally sourced food is influencing the health of people and the planet. Locally sourced food is picked ripe, thereby having a better flavor and more nutrients; the carbon footprint may be lower because it is not transported so far; and buying local food stimulates your local economy. All this is well and good, but there is not enough locally sourced food available to feed everyone in a particular region, and locally sourced food may not be grown or transported as efficiently as food grown…

    • 720 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The level of consumption is getting higher day by day. People consume goods, buy and sell things in a variety of ways. In this presentation named “The Case for Collaborative Consumption”, Rachel Botsman provides us interesting information about a special type of consumption. She is a founder of The Collaborative Lab and co-author of the book What is Mine is Yours: The Rise of Collaborative Consumption. She has consulted to many companies and associations including local government. In the presentation, she tries to convince the audience that collaborative consumption is really powerful and economic force instead of short-term trend. She has described the collaboration and evolution of the process very well. Given examples, real-life experiences and statistical information from different sectors have made the presentation quite convincing. It definitely broadens one’s horizons.…

    • 539 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Boca Raton Research Paper

    • 948 Words
    • 4 Pages

    During the height of the technological revolution of the 21st century, there has been increased controversy on the costs and benefits of a technology-driven society. While it is easy to point out the over-excessive amount of time the public spends online, many fail to see the much more favorable aspects provided through a more interconnected world. Technology is helping amalgamate the world. The use of elements such as the internet and social media grant access to a vast expanse of information, establishing both a local and a global community. The concept of community is being transformed from a physical group of people to a virtual network as people all over the world have increasingly more access to connect with one another.…

    • 948 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    *Social Exchange theory: We weigh the pros and cons of rewards and consequences of our actions…

    • 674 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Generation Xers are CanGo’s primary customers. However, CanGo is also seeing some crossover from the Generation Y and Baby Boomer groups as well. The VALS (values and lifestyles) report provides a way of viewing people based on attitudes, needs, wants, beliefs and demographics. The average CanGo customer is an experiencer with secondary characteristics of achievers. According to the VALS report, experiencers are motivated by self-expression. As young, enthusiastic, and impulsive consumers, experiencers can be extremely eager about new possibilities but are equally as quick to cool. They seek variety and excitement, savoring the new, the offbeat, and the risky. They find an outlet for their energy in exercise, sports, outdoor recreation, and social activities. Experiencers are avid consumers and spend a comparatively high proportion of their income on fashion, entertainment, and socializing. Their purchases reflect the emphasis that…

    • 7732 Words
    • 31 Pages
    Good Essays
  • Good Essays

    Drive by daniel pink

    • 9308 Words
    • 38 Pages

    Drive offers a new way to think about motivation. Most of what businesses, governments, and nonprofit organizations assume about human behavior, particularly about what motivates us, is wrong. Short-term incentives and pay-for-performance schemes come from outdated assumptions that favor external motivations (i.e., rewards and punishments for behaving a particular way) overintrinsic motivations (i.e., the joy that comes from completing a task).…

    • 9308 Words
    • 38 Pages
    Good Essays
  • Good Essays

    The theory of social exchange proposes that individuals will make decisions based on certain outcomes. For example, they will expect the most profit, rewards, positive outcomes and long-term benefits. They will also prefer the exchange that results in the most security, social approval and independence. In contrast, they will also choose alternatives that result in the fewest costs, consequences and least social disapproval. Therefore, every social exchange decision can be a complex decision that requires the person to evaluate different costs and…

    • 633 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Social Capital: “refers to the collective benefit of social networks which are built on reciprocal trust” (Schaefer, p.…

    • 1762 Words
    • 8 Pages
    Good Essays
  • Good Essays

    Herein, I will discuss what constitutes the moral economy of sharing. This will be explained through the logic, values, norms, and basic practices that the homeless drug users exercised…

    • 996 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The third factor is the motivation to participate. The motivation is defined as the function of the perceived costs and the benefits of participation. Two different kinds of incentives are identified as the collective incentives…

    • 1318 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Each year, nearly forty percent of food is wasted in America. Per person, about one thousand four hundred calories are wasted each day (Hall, et al. 1). We turn up our noses at a bruised apple. At milk that’s a few days past its “sell by” date. At unappetizing overcooked broccoli. We dump out slightly wilted kale. Cans that have been dented on one side. Anything past its expiration date. We’re secure in our privilege, so we destroy food without a second thought. But with one in six Americans lacking a secure supply of food (Coleman-Jensen, et al. 12), this is clearly not a harmless habit. Food waste in America is detrimental to us all, and it’s critical that we resolve this problem.…

    • 1152 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Intrinsic motivation are often the motivation for the rewards are inherent to the activity based on individual interest to learn a new set of skills or to be exposed to the society. (Berlyn 1960, Hunt 1965, White 1959, Woodworth 1921) believed that intrinsic motivation is both reward and punishment where they were seen to be a behaviour either in absence or addition of motivation to receive extrinsic motivation sources or avoiding punishment to be implemented to oneself. Extrinsic motivation refers to the motivation which is attained from outside of an individual such as rewards where the results provide people with the achievement which their job or interest will not be able to provide them with such as money, promotion or exclusive rewards. Out in the society today, companies are introducing the system where each individual earn commissions accordingly to the job or services that they put in effort to attain the customer for the company in exchange for remuneration such as allowance. When people have both complied intrinsic motivation and extrinsic motivation to perform a behaviour or attitude in the workforce, they will reduce on the intrinsic motivation with a higher extrinsic reward gained. Thus, when individuals who only focus on extrinsic motivation to be the main priority they will lose their intrinsic motivation as intrinsic motivation works…

    • 679 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Gamification

    • 1225 Words
    • 5 Pages

    ShareAll being a player in the Collaborative Consumption space, aims to promote the noble idea of sharing things. Instead of buying new things for one time use or so, people should rather rent them or get them from someone who doesn’t need them.…

    • 1225 Words
    • 5 Pages
    Good Essays