Sharing Economy

Abstract

Globally, prominent sharing-based services include Uber, Lyft, and Airbnb, which have become behemoths in terms of their valuation, revenue, and number of users. Uber is reported to have over 100 million users globally. Bangladesh has also witnessed a rise in sharing-based services of both global and local origins. Sharing services have severely disrupted traditional business models and the economy they collectively encompass is referred to as the “sharing economy.” Based on a systematic literature review of top management journals and other scholarly works, the authors present the most overarching conceptualization of sharing-based services. Taking this knowledge forward, this chapter not only conceptualizes and compares sharing-based services in Bangladesh but also identifies “collaborative consumption” as the most dominant type of sharing-based services among them. This chapter also presents scholarly works on the customers' motivators and barriers, which creates grounds for future research efforts in Bangladesh concerning collaborative consumption services.