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The economic and environmental aspects of sharing economy functioning
(2022) Piven, V.; Yaremenko, A.
This research deals with economic and environmental issues of sharing economy. The essential principles of the sharing economy are clarified, including market self-regulation, openness, trust, and the use of surplus resources. Technological, economic, social, and environmental aspects are highlighted as the key drivers of the sharing economy's development. The COVID-19 pandemic is thought to have had an uncertain impact on the growth of sharing entrepreneurship. Obstacles to the sharing economy functioning have been identified. The impact of the sharing economy's functioning on the environment is explored. It is determined that the positive aspects of the sharing economy (reduction of CO2 emissions, dematerialization of production) outweigh the negative ones. The development of new technologies is driving the sharing industry forward. The innovative aspect of the sharing economy involves not only a change in the paradigm of consumption, but also the formation of new trends in the labor market. The sharing market was discovered to be a complicated phenomenon with close interactions between its participants.