Digital strategies for greater material efficiency in German industry

Stepping up the game The role of innovation in the sharing economy

While the sharing economy is generally perceived to be very innovative, it has hardly been analyzed what defines this innovativeness. The main aspect for the sharing economy as a whole is the peer-to-peer (P2P) organization of its businesses. This allows sharing platforms to enter markets more easily, consequently increasing competition in these markets.

Vera Demary ·
IW-Report ·
8 May 2017

The role of innovation in the sharing economy — Foto: Douglas Rial/iStock

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Dr. Vera Demary

Head of the Research Unit Structural Change and Competition

In addition to that, many sharing platforms are also technologically innovative or apply a tested concept in a new setting. Increased competition may result in even more innovation in order to keep customers satisfied and boost the benefit these derive from participating in the sharing economy. However, in most affected markets, there is no level playing field yet between the established incumbents and the new sharing platform entrants. This calls for urgent action on the side of policy-makers to foster innovation in the sharing economy while enabling fair competition.

Working Paper in Law and Economics der Swedish Competition Authority

Vera Demary: Stepping up the game – The role of innovation in the sharing economy

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Susanne Seyda / David B. Meinhard / Beate Placke ·
IW-Trends ·
24 Apr 2018

Further Training 4.0: Digitalization as a Driver and Innovator of In-Service Training

Digitalization is leading to a growing need for training. Firms which have digitalized further are thus more likely to be active in further training and to invest more time and money in developing their workers’ skills.

Oliver Stettes ·
IW-Report ·
5 Apr 2018

Don’t Be Afraid of Robots: The Impact of Digitisation on Employment

The impact of digital change on employment and the employment prospects of workers remains a puzzle to be solved. The empirical analysis with data on the firm-level, the sectoral level and the occupational level does not indicate any general growth pattern.