What is the
Platform Economy?
In its broadest sense, the platform economy can be defined as economic activity facilitated by technology. This term therefore covers the increasing number of platforms which bring people together to provide services as well as sell and share goods.
Such platforms are typically online matchmakers or technology frameworks which link supply and demand. These platforms do not own the means of production, but they create the means of connection.
In turn, this eco-system can be divided into three specific sub-sectors.
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Platforms connecting individuals/
self-employed people with
each other to carry out services.
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Platforms connecting individuals/
self-employed people with each
other to rent, borrow or sell things
to each other.
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Platforms enabling individuals
to become self-employed or connect
with each other for financial services (including peer-to-peer loans and crowdfunding).