Blade Entrepreneurship In Shared Economic Model-Experience and Lessons from Shared Bicycles

Author(s)

Hasnain Javed , Majid Murad , Prof Dr Cai Li , Saba Fazal Firdousi ,

Download Full PDF Pages: 01-16 | Views: 1031 | Downloads: 336 | DOI: 10.5281/zenodo.3614721

Volume 8 - October 2019 (10)

Abstract

The concept of sharing is a unique social practice that has been redefined and extended under the vast horizon of “sharing economy” by means of influencing the energy of Web 2.0 technology. Besides the passing time since the evolution of this concept there is no one concrete definition yet designed to explain what is concept of sharing economy. The ideology encompasses very varied practices and sectors and covers an extensive spectrum of organizational dimensions, such as from profit making organizations to non-profit making organizations. The sharing economy is an idea that has encompassed its roots through contemporary economics at a massive scale and continues to present digitalization at its forefront. Moreover, the sharing economy has experienced rapid increase and has a persistent impact on society; it is presently supplied with absurdities and rigidities about its limitations, effects, and logic. In addition, few believe that shared based economy as a substitute to market capitalism although in reality it strengthens capitalism. On one side of the coin if the share-based economy encourages ‘more sustainable intake and manufacturing practices, [it also] urge[s] the contemporary unsustainable economic paradigm.’ This study addresses the unique problem as a whole – offers a technique to investigate that takes account of the inner range, complexity and contradictions of the sharing economy under the global, institutional and economy level dimensions. In the subsequent, we first shed light on the characteristics of the share-based economy system as a theoretical concept and later on explain the concept with the aid of case study on shared bicycles, which are not yet much explored in academic arena.

Keywords

shared based model; self-organized entrepreneurial behaviour; blade entrepreneurship, China bicycle sharing.

References

           i.        Arrow, K.J., 1963. Social Choice and Individual Values. Yale University Press, New Haven and London.

ii.      Bardhi, F., Eckhardt, G., 2012. Access-based consumption: the case of car sharing. J.Consumer Res. 39, 881–898.

iii.    Bauwens, M., 2005. The political economy of peer production. CTheory (1 December).

iv.     Bauwens, M., Kostakis, V., 2014. From the communism of capital to capital for the commons: towards an open co-operativism. tripleC 12 (1), 356–361.

v.       Braungart, M., McDonough, W., 2002. Cradle to Cradle: Remaking the Way We Make Things. North Point Press, New York.

vi.     Belk, R., 2009. Sharing. J. Consum. Res. 36, 715–734.

vii.   Belk, R., 2014a. Sharing versus pseudo-sharing in Web 2.0. Anthropologist 18 (1), 7–23.

viii. Belk, R., 2014b. You are what you can access: sharing and collaborative consumption online. J. Business Res. 67 (8), 1595–1600.

ix.     Benkler, Y., 2004. Sharing Nicely: on shareable goods and the emergence of sharing as a modality of economic production. Yale Law J. 114, 273–358.

x.       Benkler, Y., 2017. Peer production, the commons, and the future of the firm. Strateg. Organ. 15 (2), 264–274.

xi.     Bixi. 2009b. Information. http://montreal.bixi.com/home/home-info/(Cenrowski, 2017) (Ulrich, 2017) (Ye, 2017) (Phillips, 2016) (Minter, 2017)

xii.   Bowles, S., Gintis, H., 2002. Social capital and community governance. Econ. J. 112 (483), F419–F436.

xiii. Bradley, K., Pargman, D., 2017. The sharing economy as the commons of the 21st century. Camb. J. Reg. Econ. Soc. 10 (2), 231–247.

xiv. Cenrowski, S., 2017. Wait, Chinese Bike-Sharing Doesn't Make Any Sense. Fortune, March.

xv.   DeMaio, P. 2003. Smart bikes: Public transportation for the 21st century. Transportation Quarterly 57(1): 9–11

xvi. Demil, B., Lecocq, X., 2006. Neither market nor hierarchy nor network: the emergence of bazaar governance. Organ. Stud. 27 (10), 1447–1466.

xvii.                       Edelman, B.G., Geradin, D., 2015. Efficiencies and regulatory shortcuts: how should we regulate companies like Airbnb and Uber. In: Stan. Tech. L. Rev. 19. pp. 293–328.

xviii.                     Evans, P.C., Gawer, A., 2016. The Rise of the Platform Enterprise: A Global Survey.

xix. Falkvinge, R., 2013. Swarmwise: The Tactical Manual to Changing the World. CreateSpace Independent Publishing Platform, North Charleston.

xx.   Firnkorn, J., Müller, M., 2011. What will be the environmental effects of new free-floating car-sharing systems? The case of car2go in Ulm. Ecol. Econ. 70 (8), 1519–1528.

xxi. Hernandez, J. C., 2017. As Bike-Sharing Brings Out Bad Manners, China Asks, What’s Wrong With Us?. The New York Times, September.

xxii.                       Hochschild, A.R., 2012. The Outsourced Self: Intimate Life in Market Times. Metropolitan Books, New York.

xxiii.                     Jemielniak, D., 2014. Common Knowledge?: An Ethnography of Wikipedia. Stanford University Press, Stanford, CA.

xxiv.                      Kostakis, V., Niaros, V., Giotitsas, C., 2015. Production and governance in hackerspaces: a manifestation of commons-based peer production in the physical realm? Int. J. Cult. Stud. 18 (5), 555–573.

xxv.                        Laloux, F., 2014. Reinventing Organizations. Nelson Parker, Brussels.

xxvi.                      Lee, G.K., Cole, R.E., 2003. From a firm-based to a community-based model of knowledge creation: the case of the Linux kernel development. Organ. Sci. 14 (6), 633–649.

xxvii.                    Maio, P. D., 2017. Bike-sharing: History, Impacts, Models of Provision, and Future. MetroBike LLC.

xxviii.                  Marquis, C., Lounsbury, M., Greenwood, R. (Eds.), 2011. Communities and Organizations. Emerald Group Publishing, Bingley.

xxix.                      Meelen, T., Frenken, K., 2015. Stop Saying Uber Is Part of the Sharing Economy. Fast Company (January 14,http://www.fastcoexist.com/3040863/stop-saying-uber-is-partof-the-sharing-economy, Retrieved October 23, 2016).

xxx.                        Minter, A., 2017. China’s bike-sharing bust. The Japan Times, November

xxxi.                      Phillips, T., 2016. Bike-sharing revolution aims to put China back on two wheels. The Guardian, December.

xxxii.                    Raymond, E., 1999. The cathedral and the bazaar. Philos. Technol. 12 (3), 23.

xxxiii.                  Rifkin, J., 2000. The Age of Access. Penguin Putnam.

xxxiv.                  Robertson, B.J., 2015. Holacracy: The Revolutionary Management System that Abolishes Hierarchy. Penguin UK, London.

xxxv.                    Russel, J., n.d. Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide, s.l.: s.n.

xxxvi.                  Scholz, T., 2016b. Uberworked and Underpaid: How Workers Are Disrupting the Digital Economy. John Wiley & Sons.

xxxvii.                Stack, C.B., 1974. All Our Kin: Strategies for Survival in a Black Community. Harper and Row, New York.Warzel, C., 2015. Let’s All Join the AP Stylebook in Killing the Term Ride-sharing. BuzzFeedNews (8 January,https://www.buzzfeed.com/charliewarzel/lets-all-join-the-ap-stylebook-in-killing-the-term-ride-shar, Retrieved 6 January 2017).

xxxviii.              Srineck, N., 2016. Platform Capitalism. Polity Press, Malden, MA.

xxxix.                  Turner, F., 2006. How Digital Technology Found Utopian Ideology: Lessons From the First. Hackers’ Conference. In: Silver, D., Massanari, A., Jones, S. (Eds.), Critical Cyberculture Studies. NYU Press, New York.

xl.     Ulrich, K., 2017. How Bike Sharing Is Maturing in China. Wharton Innovation, September

xli.   Von Hippel, E., 2001. Innovation by user communities: learning from open-source software. MIT Sloan Manag. Rev. 42 (4), 82.

xlii. Westervelt, A., 2011. Bike-Sharing Grows Up: New Revenue Models Turn a Nice Idea into Good Business. Forbes, Aug.

xliii.                       Williamson, O.E., 1981. The economics of organization: the transaction cost approach. Am. J. Sociol. 87, 548–577.Woolf, N., 2016. Airbnb Regulation Deal with London and Amsterdam Marks Dramatic Policy Shift. The Guardian (3 Decemberhttps://www.theguardian.com/technology/2016/dec/03/airbnb-regulation-london-amsterdam-housing, Retrieved 6 January 2017).

xliv.                       Ye, J., 2017. Why China’s bike-sharing boom is causing headaches. South China Morning Post, April.

Cite this Article: