Dubbed the most 'socially conscious' generation, most millennials believe in maximization of resources rather than owning them outright, and new ideas about sharing have emerged to challenge the traditional discourse on resource allocation, ownership and accessibility.
This shift in the global consciousness has allowed many opportunities to arise. Paired with the hyper-connectivity of this digital era, the internet has opened doors to more possibilities than we could ever have imagined.
This new landscape has huge implications for governments and businesses alike. For example, individuals and civil society groups can now collaborate to explore more efficient methods to allocate supply with demand, and will share information much faster than any traditional communication channel. In terms of business, many disruptors have changed the outlook of entire industries by creating innovative sharing solutions to challenge the status quo business models.
Governments and businesses need to rethink and understand these innovations, and create strategies in which they can collaboratively work for mutual benefit. The sharing economy is creating a wave of change that one must be prepared for, or be at risk of being swept up in its current.
The Good Lab's Sharing Economy Workshop will help you understand and navigate the complexities of the Sharing Economy, both practically and strategically, through the study of global and local cases and meeting local entrepreneurs.