Value Creation in the SEP

Minghao Li, Ruizhi Yuan

Research output: Chapter in Book/Conference proceedingBook Chapterpeer-review

Abstract

This chapter delves into the intricacies of value creation within Sharing Economy Platforms (SEPs), emphasizing the role of co-creation in redefining interactions between consumers and suppliers. By analyzing models such as Pinduoduo, the chapter illustrates how SEPs facilitate innovative market dynamics that contrast sharply with traditional business frameworks, offering economic, social, and environmental benefits. It explores the mechanisms through which technology and community engagement drive the co-creative processes, and evaluates the challenges and limitations inherent in these platforms. Regulatory issues, market competition, and trust are identified as significant hurdles. This chapter not only highlights the transformative potential of SEPs but also underscores the complexity of scaling and sustaining these models in the face of evolving economic landscapes.

Original languageEnglish
Title of host publicationSharing Economy Platforms
Subtitle of host publicationA Casebook for Understanding Multiplayers in Sharing Economy Platforms
PublisherSpringer Nature
Pages21-31
Number of pages11
ISBN (Electronic)9789819754045
ISBN (Print)9789819754038
DOIs
Publication statusPublished - 1 Jan 2024

Keywords

  • Collaborative consumption
  • Market dynamics
  • Sustainable business models
  • Value creation

ASJC Scopus subject areas

  • General Economics,Econometrics and Finance
  • General Business,Management and Accounting
  • General Computer Science

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