The Sharing Economy: What Ingredients are Key to Success in this Business Model - A Vietnamese Perspective

DOI

10.2991/978-2-494069-61-9_29How to use a DOI?

Keywords

Sharing Economy; Business Model; Technologies; Digital Transformation; Vietnam

Abstract

The purpose of this research is to look at how the sharing economy is changing and will further change the Vietnamese economy in the future. This is done by exploring the four types of sharing (non) participants: consumers, providers, aware non-users, and non-aware non-users. This research is inspired by the assumptions that the rising sharing economy may provide chances to those who participate in it in terms of social interaction, social capital, trust, profits, and new opportunities for generating income. It may also pose challenges. A combination of both quantitative and qualitative research has been conducted which involves analyzing data collected via questionnaire survey, expert opinions, Delphi technique as well as analyzing the economic outlook statistics. The research results could serve as a reference resource for the better transformation process of business enterprises and government authorities in the current context of global competition and the rapidly-changing business environment. This is to foster better awareness of how the increasing sharing economy affects people’s behavior, thinking, and socialization in Vietnam. The research findings also help to identify key opportunities and challenges of the sharing economy in order to improve digital services through digital platforms.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Lan Duc Quynh Nguyen
AU  - Tuan Hoang Phan
AU  - Khong Sin Tan
AU  - Long Duc Bao Nguyen
AU  - Alan Hudson
PY  - 2022
DA  - 2022/12/26
TI  - The Sharing Economy: What Ingredients are Key to Success in this Business Model - A Vietnamese Perspective
BT  - Proceedings of the International Conference on Communication, Language, Education and Social Sciences (CLESS 2022)
PB  - Atlantis Press
SP  - 309
EP  - 319
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-494069-61-9_29
DO  - 10.2991/978-2-494069-61-9_29
ID  - Nguyen2022
ER  -