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The Sharing Economy and Business Model Design: A Configurational Approach

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  • Feifei Jiang
  • Xiaoying Zheng
  • Di Fan
  • Pengxiang Zhang
  • Sali Li

Abstract

The rapid growth of the sharing economy has attracted a recent surge of academic interest. However, few studies to date address performance variation among sharing platforms. Building on the notion of business model design and applying a configurational approach, we develop a conceptual model that investigates what combinations of design elements can enhance the performance of sharing platforms. Data from 189 platforms and fuzzy‐set qualitative comparative analysis (fsQCA) reveal six business model designs, each with its own performance implications. Of these, four configurations lead to high performance and two lead to low performance. Our study advances current understanding of the sharing economy and sheds important light on business model research.

Suggested Citation

  • Feifei Jiang & Xiaoying Zheng & Di Fan & Pengxiang Zhang & Sali Li, 2021. "The Sharing Economy and Business Model Design: A Configurational Approach," Journal of Management Studies, Wiley Blackwell, vol. 58(4), pages 949-976, June.
    • Handle: RePEc:bla:jomstd:v:58:y:2021:i:4:p:949-976
    DOI: 10.1111/joms.12711
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    2. Diego Campagnolo & Martina Gianecchini & Luigi Mosca, 2024. "Configurations of business model themes and strategies in small firms: a qualitative comparative analysis," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 28(3), pages 1-29, September.
    3. Wei Zhou & Min Jiang & Hailunbeier Li, 2023. "Explaining academic entrepreneurial motivation in China: the role of regional policy, organizational support, and individual characteristics," Small Business Economics, Springer, vol. 61(3), pages 1357-1378, October.
    4. Dean A. Shepherd & Trenton A. Williams, 2023. "Different response paths to organizational resilience," Small Business Economics, Springer, vol. 61(1), pages 23-58, June.
    5. Jan Frederic Nerbel & Markus Kreutzer, 2023. "Digital platform ecosystems in flux: From proprietary digital platforms to wide-spanning ecosystems," Electronic Markets, Springer;IIM University of St. Gallen, vol. 33(1), pages 1-20, December.
    6. Gideon D. Markman & Marvin Lieberman & Michael Leiblein & Li‐Qun Wei & Yonggui Wang, 2021. "The Distinctive Domain of the Sharing Economy: Definitions, Value Creation, and Implications for Research," Journal of Management Studies, Wiley Blackwell, vol. 58(4), pages 927-948, June.
    7. Yuliya Snihur & Gideon Markman, 2023. "Business Model Research: Past, Present, and Future," Journal of Management Studies, Wiley Blackwell, vol. 60(8), pages 1-14, December.
    8. Gupta, Samrat & Deodhar, Swanand J. & Tiwari, Amit Anand & Gupta, Manjul & Mariani, Marcello, 2024. "How consumers evaluate movies on online platforms? Investigating the role of consumer engagement and external engagement," Journal of Business Research, Elsevier, vol. 176(C).
    9. Liu, Yang & Zhang, Yuchen & Zhao, Xiaoli & Farnoosh, Arash & Ma, Ruoran, 2024. "Synergistic effect of environmental governance instruments embedded in social contexts: A case study of China," Ecological Economics, Elsevier, vol. 220(C).
    10. Deng, Wei & Orbes, Irina & Ma, Pengcheng, 2024. "Necessity- and opportunity-based female entrepreneurship across countries: The configurational impact of country-level institutions," Journal of International Management, Elsevier, vol. 30(4).
    11. Cossey, Jozef & Dedeurwaerdere, Tom & Périlleux, Anaïs, 2023. "Inherently unstable? Scaling, mission drift, and the comparative performance of community-based platforms in the sharing economy," Ecological Economics, Elsevier, vol. 212(C).

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