i3 - January/February 2016 - 80

SHARING ECONOMY
A SNAPSHOT OF THE SHARING ECONOMY

W

20 Top Sharing
Economy Apps

hat does the sharing
economy really mean? It
is a new way of thinking
that is disrupting traditional businesses driven by forward-looking
entrepreneurs, startups and average
citizens. Some have suggested this
focus on sharing is just a return to
an older way of thinking where people pooled their resources to achieve
things they often could not do on
their own. The sharing economy
Airbnb helps people list, find and rent
has a new spin however, with apps
lodging worldwide with listings in 190
that use the Internet to easily enable countries.
anyone to become an entrepreneur
by offering an underused resource or
service online for a price.

DogVacay connects pet owners with petsitters, avoiding the need for a dog kennel.
Dog lovers can open their home to visiting
pets and earn daily boarding fees.

Etsy is a peer-to-peer e-commerce
website focused on handmade or vintage
items and supplies, as well as unique
manufactured items.

America's flourishing sharing economy
with these innovative peer-to-peer businesses, however, brings new policy issues.
Regulators should be thoughtful in their
approach and allow new businesses to take
shape, rather than allow entrenched special
interests to try to stifle new competition.
CTA supports innovative businesses and
is a leading voice for the sharing economy.
On the federal level, CTA advocates for a

BlaBlaCar is the world's leading long
distance ridesharing service, connecting
drivers with empty seats to people travelling the same way.

JustPark solves the problem of finding
a parking space by leveraging vacant
privately-owned parking spaces in the
city at rates that vary by demand.

forward-thinking approach, urging Congress to resist enacting preemptive legislation in response to "hypothetical" harms.
On the state level, CTA's grassroots public
policy arm, the Innovation Movement,
mobilized more than 1,000 advocates to
protect ridesharing services by contacting their legislators in numerous states
including New York, Illinois, Virginia and
the District of Columbia.
Following are some unique business models enabled by this new sharing mindset:
80

JANUARY/FEBRUARY 2016

Cohealo is a technology company that
helps health systems share medical
equipment across facilities, so they can
optimize spend, accelerate cash flow and
improve access to care.

Lending Club is the largest online
marketplace connecting borrowers and
investors. It operates at a lower cost than
traditional bank lending programs to pass
savings on to borrowers.
I T I S I N N O VAT I O N


https://dogvacay.com/ https://www.airbnb.com http://www.etsy.com https://www.blablacar.in/ http://JustPark.com https://www.lendingclub.com/ http://cohealo.com/

i3 - January/February 2016

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