Proceedings of the 50th Hawaii International Conference on System Sciences | 2017

Introduction to the Mini-Track “Access (or Sharing) Economy”

Bo Xiao Eric Lim Chee-Wee Tan University of Hawaii at Manoa University of New South Wales Copenhagen Business School [email protected] [email protected] [email protected]

Sharing is ingrained in the fabric of society and place within such economic environments while efficient access to goods and services constitutes a minimizing its negative impact to society. major force driving much of the economic activity This minitrack, newly introduced to the HICSS, today. With greater connectivity brought about by the embraces both retrospective and progressive views of proliferation of internetworking technologies, it has how the access (or sharing) economy has evolved and become much easier for individuals to circumvent would transform with technological advances. The spatial and temporal barriers during interactions, goal of this minitrack is to enhance publications on thereby giving rise to a novel access (or sharing) the following topics: economy that is structured around the disintermediation of conventional channels of . Collaborative consumption and production commerce in the exchange of both tangible and in access (or sharing) economy intangible resources. The access (or sharing) . Crowdfunding and communal investment economy has gained notable attention within . Crowdsourcing and open innovation mainstream media as a new economic paradigm that . Crowd platform strategies leverages peer-to-peer technological platforms to . Data privacy and security in access (or facilitate exchange of resources among individuals sharing) economy who are joined via fluid relational networks. Almost . Design and innovation of crowd platforms overnight, numerous peer-to-peer platforms—in the . Digital business models of access (or likes of crowd-working (e.g., Airbnb, Uber, Amazon sharing) economy Mechanic Turk, E-Lance, Fiverr), co-innovation . Digital labor markets and workforce (e.g., Mindmixer, Social Innovator), crowd-funding management in access (or sharing) economy (e.g., Kickstarter, Indiegogo), crowd-searching (e.g., . Disruptive innovation in access (or sharing) Crowdfynd, CrowdSearching), and crowd-voting economy (e.g., California Report Card, Threadless) — have . Market mechanics of access (or sharing) sprung up to facilitate both individuals and/or economy organizations to pool resources in resolving . Policy formulation for access (or sharing) problems. economy . Reputation and trust in access (or sharing) While there are many practitioners who have economy prophesized the access (or sharing) economyas a . Social network in access (or sharing) game-changer for how organizations and society economy function, there are also a number of detractors who . Socio-economic and political challenges of questioned the uncertain and potentially disruptive access (or sharing) economy future that is brought about by such peer-to-peer . Value appropriation in access (or sharing) exchanges. Critics have painted a dismal picture of economy the access (or sharing) economy as a means for individuals and/or firms to dodge proper regulations The first session of the minitrack starts with the and live beyond their means, which in turn paper "Integrated Value Configurations in the contributes to doomsday scenarios of massive job Sharing Economy”, which examines (via case displacements and spending habits detrimental to studies) the possible configurations of value creation society. In light of the opportunities and challenges and how it could be captured in the context of the posed by the access (or sharing) economy, there is a sharing economy. In the next paper, titled “An clear urgency for a systematic and thorough scrutiny Empirical Investigation on the Impact of Crowd of how value creation and appropriation can take Participation on the Degree of Project Success: The Perspective of Crowd Capital”, the authors explore

URI: http://hdl.handle.net/10125/41151 ISBN: 978-0-9981331-0-2 CC-BY-NC-ND 2

the effect of different types of crowd participation (i.e., funds pledge, popularity creation, and on-site communication) on the success of crowd-funding projects. In the third paper, titled “An empirical analysis of on-demand ride-sharing and traffic congestion”, the authors conduct a difference-in- difference analysis to examine the impact of Uber, an on-demand app-based ride sharing service, on urban traffic congestion. The first paper of the second session, titled “The Impact of Technology-Mediated Consumption on Identity: The case of Airbnb”, analyzes (via an ethnographic stud) the nature of consumer-object relationships in the context of Airbnb. In the next paper, titled "Moral Hazards and Effects of IT- enabled Monitoring Systems in Online Labor Markets”, the authors exploit a quasi-experiment at Freelancer to investigate how IT-enabled monitoring systems mitigate the moral hazard in the online labor market as well as their effect on market competition. In the third slot of this session, Professor Izak Benbasat will host a special discussion on research opportunities and challenges in the sharing economy.

3