Summary Of Collaborative Consumption

Seven years ago, Rachel Botsman and Roo Rogers launched a book called What’s mine is Yours: How Collaborative Consumption is Changing the Way We Live which pave the way for the arrival of a new economy paradigm. In this book, Botsman and Rogers examined the generation of new sorts of marketplaces and communities developed to help people to access the things they desire in new different ways, while also making their assets accessible to others. They called this new phenomena as “Collaborative Consumption” and they defined as “the reinvention of traditional market behaviors, such as bartering, renting, trading and exchanging, through technology, enabling them to take place on a scale and in ways never possible