The Timbro Sharing Economy Index is the first global index of the sharing economy
The Timbro Sharing Economy Index has been compiled using traffic volume data and scraped data, and provides a unique insight into the driving factors behind the peer-to-peer economy.
Monthly traffic data was collected for 286 services in 213 countries. For 23 of the 286 services, a complete count of active suppliers was done using automated “web scraping” techniques. Previous cross-country reports have employed surveys or self-reported indicators and have thus relied on conflicting colloquial definitions of the sharing economy. To overcome this problem, the experts have developed a definition of the sharing economy that allows for exact classification of the services. This allows to use traffic data and scraped usage-data without fuzziness about whether it is about a sharing economy service, or not. Using the definition, they have considered 4,651 service candidates worldwide, 286 of which were classified as sharing economy services.
The global index — the very first of its kind — tests a number of hypotheses on the correlation between the development of the sharing economy and the regulatory context. Are these services hampered or propelled by high levels of government intervention in the economy? Can the sharing economy help alleviate a lack of general social trust, which is a significant obstacle to all economic activity? Or do activities of this kind require a public that generally thinks well of strangers in order to gain ground in the first place?
SharEEN is an European pilot project on “Opportunities for European Entrepreneurs in the Sharing Economy”, co-funded by the European Commission under the Call: 251-G-GRO-PPA-16-9953.
The objective of SharEEN is to identify and link-up with collaborative economy platforms, exchange experience with all relevant stakeholders and help European SMEs, social enterprises and other relevant actors to exploit the opportunities offered by the sharing economy.
In particular, the project aims at building knowledge and capacity among Enterprise Europe Network partners’ staff and other stakeholders on sharing economy, and help them define and deploy supporting services for their SMEs.