Good to be bad : should we be worried by the sharing economy?

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Chalmers, Dominic and Matthews, Russell (2019) Good to be bad : should we be worried by the sharing economy? Strategic Change, 28 (6). pp. 403-408. ISSN 1086-1718 (https://doi.org/10.1002/jsc.2295)

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Abstract

We develop the notion of a legitimacy tipping point to demonstrate how informal economy practices are being utilized by innovative sharing economy ventures to gain a competitive advantage that is subsequently leveraged to reconfigure formal institutional arrangements. Companies who are able to scale rapidly can afford to contravene regulations, provided they have public support. When they reach a certain size, in terms of investment and customer numbers, regulators are forced into a reactive position where novel business models are legitimized. This raises an important question for regulators and entrepreneurs as to whether subverting business regulation is being viewed as a viable source of competitive advantage by scaling firms.

ORCID iDs

Chalmers, Dominic ORCID logoORCID: https://orcid.org/0000-0001-5626-3692 and Matthews, Russell ORCID logoORCID: https://orcid.org/0000-0002-5172-0409;
  • Item type:Article
    ID code:70767
    Dates:
    Date
    Event
    30 November 2019
    Published
    19 November 2019
    Published Online
    1 August 2019
    Accepted
    Notes:This is the peer reviewed version of the following article: Chalmers D, Matthews R. 2019. Good to be bad: should we be worried by the sharing economy?. Strategic Change. 28(6):403-408., which has been published in final form at https://doi.org/10.1002/jsc.2295. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions.
    Subjects:Social Sciences > Economic Theory
    Department:Strategic Research Themes > Innovation Entrepreneurship
    Strathclyde Business School > Hunter Centre for Entrepreneurship, Strategy and Innovation
    Depositing user: Pure Administrator
    Date deposited:11 Dec 2019 10:05
    Last modified:21 Dec 2024 01:20
    URI:https://strathprints.strath.ac.uk/id/eprint/70767
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