Sharing economy is currently one of the main phenomena, primarily in the context of developing Smart Cities and smart economy. The most well-known examples of sharing economy have been in the fields of accomodation and car sharing. However, the possibilities of sharing economy are much larger. The quick development of sharing economy soon encountered the restrictions of traditional regulatory frameworks of national economies and decision-making processes of municipalities and cities, which were not ready for this phenomenon. This resulted in massive protests of traditional economy branches that request that the regulatory measures do not change – these were often implemented before the invention of the internet or the development of IT technologies. Politicians have had similar reactions, without effectively solving problems connected to the commencement of sharing economies. The paper focuses on defining the term sharing economy and on the possibilities of a new regulatory environment that would be governed by the principles of the so-called better regulation. The text defines clear critearia how to evaluate sharing economy and how to correctly estimate its potential for the development of cities, municipalities, and national economies.
Authors: Radek Soběhart
Keywords: sharing economy, regulation, Czech Republic, Public Policy
Volume: 11
Issue: 2