Expecting Sharing Economy's Effect on Sustainable Growth of the World Economy after COVID-19 Pandemic

Abstract

Markets that rely on data as a resource for goods and services depend on having access to data. Businesses active in the data economy have a strong interest in getting data from other market players since the accuracy and quality of information that can be derived from data rises with the quantity and quality of the raw data that is accessible. The aim of this paper is to create a theoretical framework that defines the sharing economy and examines potential connections between it and sustainability. The literature analysis is also used to evaluate the need for an institutional and legislative framework to promote the sharing economy as an economic driver, perhaps resulting in more sustainable global economic growth. Moreover, the role of sharing economy to encourage the investments and the importance of sharing data after COVID-19. The findings of this research will support the decision makers to give more attention for the data sharing economy as a main key in their macroeconomic strategic planning.