- The Sharing Economy ·
- Press Release No. 40 ·
- 15 July 2015
The need for political action is growing
Be it cars, beds or books, more than ever before is being used collaboratively in what has come to be known as the sharing economy. In this field, however, Europe lags far behind the USA. To make its markets more attractive to companies in the sector, Europe urgently needs to create uniform rules for start-ups, reduce administrative hurdles and make access to risk capital easier. These are the conclusions of an analysis conducted by the Cologne Institute for Economic Research (IW).