Friday 2 December 2016

Irish are embracing opportunities in the sharing economy

Published 12/06/2016 | 02:30

The sharing economy has been popularised above all by Airbnb and Uber, which allow customers to rent a room or car-ride respectively Photo: Getty
The sharing economy has been popularised above all by Airbnb and Uber, which allow customers to rent a room or car-ride respectively Photo: Getty

The 'sharing economy' sounds like something invented by hippies in a commune in California a few decades ago.

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But it is not.

Although the 'collaborative' or 'sharing economy' may be one of the most used buzzwords in business today, there is a serious and economically meaningful story to tell. And the good news from a recent Europe-wide survey is that Ireland is in the vanguard. Before looking more closely at that survey, consider what's involved.

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