Problems behind flourshing sharing economy

Abstract

With the vigorous development of the Internet, amounts of sharing enterprises have appeared in many fields such as accommodation, catering, and transportation in recent years, which means the new format of sharing economy has become an important mode of modern business model innovation. We already saw the big hit of Airbnb and shared bicycles. However, there are still some problems exist, for example, the big shock on the traditional labor market, trouble of effectively supervision, and lack of legal constraints, etc.