We understand that in sharing economy, access to usage will be important. How will the attitude to ownership and disposal of property change? Do you want be the owners?
Dear Olena Pozniakova,
I would like to add a few more words to my above answer, in which I referred to the issue of co-responsibility on the example of sustainable development. My previous interpretation resulted from the term "charing economy" used, which can be interpreted as an economy based on coal. On the other hand, the second question shows that the key issue of the question relates to the concept of "sharing economy" with particular emphasis on sharing access to use, the issue of owning and selling property and property. Well, in a more general, and not sectoral, domain-specific approach to economics, I say that in the current realities of economies developing in the formula of knowledge-based economies, social market economies, economies with a large scope of anti-crisis state interventionism, a large share of the public sector in an essentially market economy, economies with a predominance of services with technological advances of the fourth technological revolution, in which entrepreneurship and innovation are important factors of production, economies moving towards sustainable development, etc., the issue of ownership based on the formula of sharing access to purchase, use, generate income and sell property can be a good solution. For example, the ownership-sharing formula developing in many countries as part of the formula for using certain goods and making periodic payments for use in the subscription formula instead of purchasing certain physically existing goods, which include machines, devices, means of transport, real estate, etc. Sharing the use of specific production factors as part of cooperation between economic entities on the basis of a rental paid with a subscription for the possibility of using without acquiring full ownership is currently developing rapidly and there are many indications that it has a great future ahead. This is the formula for developing markets such as long-term rental of real estate, production machinery and cars. Some forms of leasing transactions are a similar formula for long-term rental payments. However, leasing transactions often involve a financial intermediary, which may be a leasing company or a commercial bank. In addition, the formula of sharing ownership may also be developed in a slightly different way based on the development of the capital market, including the securities market, and enterprises operating in the organizational and legal formula as joint-stock companies issuing shares, i.e. ownership shares that may be acquired by different categories of investors, including individual investors. This form of sharing ownership has been developing in many countries for many years, but over the last few decades there has been a marked increase in the importance of joint-stock companies in modern developing economies. Since the 1960s, there has also been an acceleration in the development of internationally operating joint-stock companies which, as international corporations, have captured the markets of other countries and have become one of the important factors of economic globalization. Due to the SARS-CoV-2 (Covid-19) pandemic, this globalization slowed down in 2020.
Best regards,
Happy New Year 2021
Dariusz Prokopowicz
Dear Olena Pozniakova,
As part of the implementation of the principles of sustainable development and as part of the pro-ecological transformation of the traditional, brown economy into a sustainable green economy / circular economy, the scale of rental, short-term or long-term rental, leasing, etc. will increase in the future instead of the ownership of specific production factors, means of transport and even various types of products. consumables, e.g. clothing. This process has already started. In the following years, the general public awareness of this issue should grow. Thanks to social information campaigns carried out in various media, the importance of social environmental (ecological) responsibility, pro-ecological reforms of implementing eco-innovations in economic processes, etc. should increase in order to increase the scope of borrowing, short-term or long-term rental, leasing, etc. instead of ownership in the future. It is an important issue of implementing the principles of sustainable development, because in this way the scale of overproduction will be limited and the scale of environmental pollution with various wastes will decrease and the scale of exploitation of natural resources will decrease.
Best wishes,
Dariusz Prokopowicz
The sharing economy can be important in terms of reducing the waste of resources because there are limited and multiple needs. On the other hand, individuals may not want to apply the sharing economy in all areas
Dear Olena Pozniakova,
I would like to add a few more words to my above answer, in which I referred to the issue of co-responsibility on the example of sustainable development. My previous interpretation resulted from the term "charing economy" used, which can be interpreted as an economy based on coal. On the other hand, the second question shows that the key issue of the question relates to the concept of "sharing economy" with particular emphasis on sharing access to use, the issue of owning and selling property and property. Well, in a more general, and not sectoral, domain-specific approach to economics, I say that in the current realities of economies developing in the formula of knowledge-based economies, social market economies, economies with a large scope of anti-crisis state interventionism, a large share of the public sector in an essentially market economy, economies with a predominance of services with technological advances of the fourth technological revolution, in which entrepreneurship and innovation are important factors of production, economies moving towards sustainable development, etc., the issue of ownership based on the formula of sharing access to purchase, use, generate income and sell property can be a good solution. For example, the ownership-sharing formula developing in many countries as part of the formula for using certain goods and making periodic payments for use in the subscription formula instead of purchasing certain physically existing goods, which include machines, devices, means of transport, real estate, etc. Sharing the use of specific production factors as part of cooperation between economic entities on the basis of a rental paid with a subscription for the possibility of using without acquiring full ownership is currently developing rapidly and there are many indications that it has a great future ahead. This is the formula for developing markets such as long-term rental of real estate, production machinery and cars. Some forms of leasing transactions are a similar formula for long-term rental payments. However, leasing transactions often involve a financial intermediary, which may be a leasing company or a commercial bank. In addition, the formula of sharing ownership may also be developed in a slightly different way based on the development of the capital market, including the securities market, and enterprises operating in the organizational and legal formula as joint-stock companies issuing shares, i.e. ownership shares that may be acquired by different categories of investors, including individual investors. This form of sharing ownership has been developing in many countries for many years, but over the last few decades there has been a marked increase in the importance of joint-stock companies in modern developing economies. Since the 1960s, there has also been an acceleration in the development of internationally operating joint-stock companies which, as international corporations, have captured the markets of other countries and have become one of the important factors of economic globalization. Due to the SARS-CoV-2 (Covid-19) pandemic, this globalization slowed down in 2020.
Best regards,
Happy New Year 2021
Dariusz Prokopowicz
The concept of ownership in a sharing economy is not related to owning something, but rather with access to it, and thus enjoying the benefits of a commodity or service does not require ownership of it, but rather depends on the efficiency of resource use and trust between the parties to the exchange.
Dariusz Prokopowicz , thank you very much for very interesting answer. I agree with you/ Ind it is so interesting - if to think about nature resourses: water, farests, land and so on. Nowerdays it is difficult to imagine them as part of sharing economy
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