New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials

In recent years, the phenomenon of the sharing economy has emerged strongly as a system of exchange and consumption of goods and services among individuals, mainly through digital platforms. The development of information and communication technologies and the need for a new consumption and ownershi...

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Main Authors: Francisco J. García-Rodríguez, Desiderio Gutiérrez-Taño, Inés Ruiz-Rosa, Nisamar Baute-Díaz
Format: Article
Language:English
Published: SAGE Publishing 2022-12-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440221140389
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author Francisco J. García-Rodríguez
Desiderio Gutiérrez-Taño
Inés Ruiz-Rosa
Nisamar Baute-Díaz
author_facet Francisco J. García-Rodríguez
Desiderio Gutiérrez-Taño
Inés Ruiz-Rosa
Nisamar Baute-Díaz
author_sort Francisco J. García-Rodríguez
collection DOAJ
description In recent years, the phenomenon of the sharing economy has emerged strongly as a system of exchange and consumption of goods and services among individuals, mainly through digital platforms. The development of information and communication technologies and the need for a new consumption and ownership culture have been the driving forces behind this economy. However, there has been little research into people’s motivations to participate in collaborative consumption, especially among young people, who are most likely to use such a consumption model. Therefore, this paper develops an explanatory model, based on self-determination theory, to understand the motivations to participate in the sharing economy of young people, who make up the millennial generation. The model was tested using a sample of 272 people in this population segment, who expressed an interest in this type of consumption. The results confirm that participation in collaborative consumption is motivated by factors such as sustainability, enjoyment of the activity, and economic benefits.
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spelling doaj.art-3a4fdfc9304647faa6af804265d7173a2022-12-22T02:48:40ZengSAGE PublishingSAGE Open2158-24402022-12-011210.1177/21582440221140389New Models for Collaborative Consumption: The Role of Consumer Attitudes Among MillennialsFrancisco J. García-Rodríguez0Desiderio Gutiérrez-Taño1Inés Ruiz-Rosa2Nisamar Baute-Díaz3Instituto Universitario de la Empresa (IUDE), Universidad de La Laguna, SpainInstituto Universitario de la Empresa (IUDE), Universidad de La Laguna, SpainInstituto Universitario de la Empresa (IUDE), Universidad de La Laguna, SpainUniversidad de La Laguna, SpainIn recent years, the phenomenon of the sharing economy has emerged strongly as a system of exchange and consumption of goods and services among individuals, mainly through digital platforms. The development of information and communication technologies and the need for a new consumption and ownership culture have been the driving forces behind this economy. However, there has been little research into people’s motivations to participate in collaborative consumption, especially among young people, who are most likely to use such a consumption model. Therefore, this paper develops an explanatory model, based on self-determination theory, to understand the motivations to participate in the sharing economy of young people, who make up the millennial generation. The model was tested using a sample of 272 people in this population segment, who expressed an interest in this type of consumption. The results confirm that participation in collaborative consumption is motivated by factors such as sustainability, enjoyment of the activity, and economic benefits.https://doi.org/10.1177/21582440221140389
spellingShingle Francisco J. García-Rodríguez
Desiderio Gutiérrez-Taño
Inés Ruiz-Rosa
Nisamar Baute-Díaz
New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials
SAGE Open
title New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials
title_full New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials
title_fullStr New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials
title_full_unstemmed New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials
title_short New Models for Collaborative Consumption: The Role of Consumer Attitudes Among Millennials
title_sort new models for collaborative consumption the role of consumer attitudes among millennials
url https://doi.org/10.1177/21582440221140389
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