hybrid sharing economy

is the dominant economic form on the web characterized by the convergence of, on the one hand, commercial entities that aim to leverage value from a sharing economy and on the other, sharing economies that build a commercial entity to better support their sharing aims.

This diversity in sharing economies leads to the central argument Lessig makes in his 2008 book. He contends that we are now seeing the rise of a 'third way' a hybrid economy, which he characterizes as follows: Commercial economies build value with money at their core. Sharing economies build value, ignoring money. Both are critical to life both online and offline. Both will flourish more as Internet technology develops. But between these two economies, there is an increasingly important third economy: one that builds upon both the sharing and commercial economies, one that adds value to each. This third type the hybrid will dominate the architecture for commerce on the Web. It will also radically change the way sharing economies function. The hybrid is either a commercial entity that aims to leverage value from a sharing economy, or it is a sharing economy that builds a commercial entity to better support its sharing aims. Either way, the hybrid links two simpler, or purer, economies, and produces something from the link. That link is sustained, however, only if the distinction between the two economies is preserved.30

hybrid sharing economy, n.Definitions

hybrid sharing economy