The Collaborative Economy

The collaborative economy is defined as practices and business models based on horizontal networks and participation of a community, transforming how we live, work and create.

This economy is built on distributed power and trust within communities as opposed to centralized institutions, blurring the lines between producer and consumer. These communities meet and interact on online networks and peer-to-peer platforms, as well as in shared spaces such as fablabs and coworking spaces.

This phenomena can be seen as the sum of the following developments:

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Source from OuiShare