Challenges in building ontology for sharing economy domain

Abstract

The sharing economy (SE) is one of the emerging domains in this digital era. Yet, little is known on how far or how well the ontology development has been executed for this domain. Ontology development in the SE domain is important, especially to manage the interoperability of heterogeneous systems. This paper presents the challenges in building the ontology for the SE domain. Among them are collaborative platform management issues, tackling information overload, the sustainability of the SE domain and the preference to build application ontology in SE. By understanding all these challenges, the ontology development in the SE domain can be refined to a more systematic structure.