FMST 238 Lecture Notes - Lecture 8: Airbnb, Innocentive, Collaborative Consumption

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30 Apr 2015
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Midterm = short answer & mc on - lecture, readings, discussion groups. A socio- economic system build around sharing of human/physical resources. Includes shared creation, production, distribution, trade, and consumption of goods/services by different people/generations. Takes variety of forms, often leveraging info tech to empower individuals, corporatins, non- profits and gos with info rhat enables distribution, sharing, and reuse of excess in g&s. Individuals transact directly with other individuals on 2 sided marketplace platform maintained by a third party. In 2 sided marketplaces, the development, maintenance and policies of the platform are maintained by the third party, which can be an organization, a business or a gov i. e airbnb, just share it, couchsurfing. These marketplaces enable individuals and professionals to share their intellectual or financial capital to solve problems i. e. architecture for humanity, innocentive, kickstarter. Before was getting together to do canning (etc)

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