PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v7i3.7474ArticleThe Awkward Sharing Economy: Its Status Quo and Prospecthttps://artdesignp.com/journal/PBES/7/3/10.26689/pbes.v7i3.7474XuZimeng2024732024-07-10This paper comprehensively analyzes the origins, current situation, and prospects of the sharing economy. The primary purpose is to present the issues and challenges confronting the sharing economy at its current, awkward stage of development and to make reasonable speculations about its future. The research is based on academic literature on the sharing economy from both domestic and international sources. The findings indicate that despite current shortcomings in the regulatory system, industry structure, and user behavior, the scope of the sharing economy’s applications could still expand, and its technology could continue to advance. Overall, the prospects for the sharing economy are likely to be promising.

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