Crowdsourcing, Sharing Economies and Development
Araz Taeihagh

TL;DR
This paper compares crowdsourcing and sharing economies, analyzing their similarities, differences, and challenges in developing countries, to understand their effective use in addressing development issues.
Contribution
It systematically compares crowdsourcing and sharing economy forms, highlighting their differences and challenges in developing countries, filling a gap in current literature.
Findings
Crowdsourcing and sharing economy share IT use, crowds, monetary exchange, and reputation systems.
Different forms of each technology have distinct characteristics and applications.
Challenges vary depending on specific development issues faced by developing countries.
Abstract
What are the similarities and differences between crowdsourcing and sharing economy? What factors influence their use in developing countries? In light of recent developments in the use of IT-mediated technologies, such as crowdsourcing and the sharing economy, this manuscript examines their similarities and differences, and the challenges regarding their effective use in developing countries. We first examine each individually and highlight different forms of each IT-mediated technology. Given that crowdsourcing and sharing economy share aspects such as the use of IT, a reliance on crowds, monetary exchange, and the use of reputation systems, we systematically compare the similarities and differences of different types of crowdsourcing with the sharing economy, thus addressing a gap in the current literature. Using this knowledge, we examine the different challenges faced by developing…
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Taxonomy
TopicsSharing Economy and Platforms · FinTech, Crowdfunding, Digital Finance · Digital Economy and Work Transformation
