Sunday
22, March 2015 1630 hrs
Shared
Economics, is perhaps not a new idea. In fact many traditional economies prior
to the industrial economies, were some sort of shared ones. Even today, many
urban initiatives that are propelled by ecological concerns (such as
carpooling, share-a-cab) are all offshoots of this concept. But the concept of
Shared Economics, needs a more robust theoretical framework (and a definition,
indeed!) and a concerted initiative to make it into a mainstream practice.
To
begin, it may be a good idea to just start listing what all can be examples of
shared economies. And then to extract the underlying principles, practices, transactional
and institutional structures that define them, the economic gains and the
underlying risks. My illustrative list would include:
(a) Joint ventures of all kinds including
contract-farming and contract-manufacturing, PPP models for infrastructure and
healthcare projects.
(b) Off-shored business processes, SaaS
models, E-Tutoring.
(c) Citizen-Journalism, publishing-promotion-distribution-retailing
of discrete entertainment products such as books, movies, travel and food
products.
(d) And now for some creative illustrations…
1.
Government
clerks who can share their work and pay with an unemployed but empanelled and
capable person for just weekends and holidays.
2.
Schools
and Colleges offering their building and other infrastructure facilities during
non-working hours, to private e-learning companies who can use the same to efficiently
distribute education and training products to a wider population of needy
students.
3.
Pharmacies
who can capture vital input healthcare trends for policy makers and healthcare
research institutions.
4.
Design
Studios and Design professionals working with Business Chambers and Trade
Associations to make products and services excellent in design and ecologically
better.
5.
Airport
operators and Metro Rail operators offering business meeting spaces and related
services within their main hubs so as to minimise road travel and increase the productivity
of travelling sales and marketing personnel.
(e) And plentymore.
So
what is your view on the subject of shared economies?
Have
a great week ahead.
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