Some analysis on Sharing Economy and Collaborative Economy. 2015 Global Initiatives Symposium in Taiwan (GIS Taiwan) U++ Innovation Competition [More Information and personal perspectives] Due to the limitation of pages and format, the slides only show my around 50% perspectives and experience. Therefore, I write an additional note for reference on my Facebook. 投影片因為版面與頁數限制，大概只呈現約5成的看法與個人觀察， 因此將我的其他個人觀察與看法整理於下方的文章中： https://www.facebook.com/notes/raymond-hou/979932002020080

1. Sharing Economy
made by Raymond Hou
Unbounded Potential : Bright and Dark

2. What is Sharing Economy ?
An economic model based on sharing and collaborative
underutilized assets from spaces to skill to stuff for monetary or non-monetary benefits.
It is largely focused on P2P marketplace.
From institutions to individuals :
Prosumer(Producer + Consumer) era.
PwC has revealed that the sharing economy could hit $335 billion by 2025.
Airbnb (2014 company valuation: $20 billion* )
The biggest lodging provider, but Airbnb doesn’t own any room.
Uber (2014 company valuation: $18.2 billion* )
The biggest car provided company, but Uber doesn’t own any car.
The asset and content are provided by people and those company use Internet
as a platform to do transaction.
*Valuation data from BloombergBusiness and Business Insider

3. Three Key feature :
Activate idle
resources
Divide
use right
from
ownership
The great
trust shift
Idle resources are great
wastes.
For example, in average,
there is only 4% time of
day for car usage. That is,
we waste almost 96%
time in car.
If we activate the car
resource by sharing, we
will decrease the great
amount of space and
energy usage.
By sharing economy
model, we divide use
right from ownership,
which makes us have
more disposable money.
We can use this capital to
do another transaction
and invest.
It will make our capital
circulating more and
increase the value of
economy.
From institutions to
individuals, sharing
economy based on
TRUST.
Additionally, the
thorough insurance and
authentication system is
the key to peer to peer
business.

4. * Source from Crowd Companies

5. Compare Sharing Economy to traditional business
Online platform
SharingEconomy
TraditionalBusiness
Provide
products &
services
Use
products &
services
Consumer
Provide
products &
services
Exist online services
(e-commerce, social media…)
Traditional Business
Use
products &
services
Provide
products &
services

6. Example 1: Airbnb World biggest lodging provider
WELCOME HOME
Rent unique places to stay from local hosts in 190+ countries.
Discovery Transaction Rating
Underutilize spare room to
create extra value.
By Internet, Airbnb connects
thousands of host and
consumer.
In future, Airbnb can
combine 3rd part service
such as providing official
daily necessities, clean
service and breakfast.
If Airbnb expands their
service, their influence will go
to another level.

7. Example 2: Lyft
MATCHING EMPTY SEATS
Need a ride? Take Lyft for memorable ride.
Request a ride, and get picked up by a reliable community driver in minutes.
My empty
seats aren’t
talkative.
38 millions
empty seats in
commuter cars
across the UK
everyday.
Saving resources Making friends Having revenue

8. 1. Regulatory Laws
2. Public Sensation
3. Trust foundation
did change the world economy structure and prevent the resources be wasted.
We can save energy, create revenue, and make friends from it
if this model is developing continually.
Sharing Economy
Problem

9. 1. Regulatory Laws 2. Public Sensation 3. Trust foundation
Laws need to change to keep
up with the new technology
and society trend.
Those start-ups shall
communicate with
government and ask for
modifying the law and tax
system instead of ignoring
these regulations.
Correspondingly, they must
set up more wholesome
consumer protection.
Sharing economy change the
living area into commercial
field, which makes original
neighbors annoyed.
For this issue, maybe we
could plan a sharing area to
attract people willing to share
their asset and service.
Nowadays, Internet derives a
plenty of service based on
sharing. Then, we should
learn to share.
Trust, is the key to the this
model. Producers and
consumers need
dependable identification
and ranking system.
I think maybe we can
combine the whole ranking
system into one data base.
It will make consumers see
the producers’ record in
any field in a glance.

10. “Trust more, share more
then we benefit more.”
Participant of GIS Taiwan 2015 U++ competition.
Apply now and influence the world:
http://gis-taiwan.ntu.edu.tw/
- Raymond Hou. 2015.06