The Awkward Sharing Economy: Its Status Quo and Prospect
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Keywords

Sharing economy
Current challenges
Future prospects
Tripartite assistance

DOI

10.26689/pbes.v7i3.7474

Submitted : 2024-06-10
Accepted : 2024-06-25
Published : 2024-07-10

Abstract

This paper comprehensively analyzes the origins, current situation, and prospects of the sharing economy. The primary purpose is to present the issues and challenges confronting the sharing economy at its current, awkward stage of development and to make reasonable speculations about its future. The research is based on academic literature on the sharing economy from both domestic and international sources. The findings indicate that despite current shortcomings in the regulatory system, industry structure, and user behavior, the scope of the sharing economy’s applications could still expand, and its technology could continue to advance. Overall, the prospects for the sharing economy are likely to be promising.

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