Business model of learning platforms in sharing economy

Abstract

Current economy is driven by innovation and knowledge. Sharing economy is a new perspective on economics that impulses a new economy based on trust. In this article, the key components of global education business, based on the analysis of different types of business cases such as edX, Coursera, Udacity, Udemy, and Codecademy are established. For this research we carried out a systematic literature review based on different cases to highlight some of the main advantages of the models of global education services based on sharing economy, as a result, we found out that the main components of the learning platform business model in sharing economy are related to the online cash concept, shared resources, shared knowledge access, networking collaboration, analysis based on big data, joint consumption, rather than ownership while the government loses monopolies of knowledge. Our claim is that global education will be supported by a collaborative consumption model based on the online cash concept, shared resources, and shared knowledge access.