Usage and Access-Based Models

Named models in which the customer pays for temporary use of, or access to, an asset rather than acquiring outright ownership of it, including renting a physical asset with an option to eventually own it, buying a fixed period of shared use of a property, and bundling a physical product with an ongoing service relationship. Belongs here: any model whose defining act is temporary use or access to a specific asset. Does not belong here: an ongoing digital subscription with no single underlying physical asset, grouped under Subscription and Recurring-Access Models.

Facts
Comparison
Originating Era
2008 1
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Sources
1. Wikipedia: Sharing economy
WikipediaLead section
Quote, Lead section
The term "sharing economy" began to appear around the time of the Great Recession, enabling social technologies, and an increasing sense of urgency around global population growth and resource depletion.
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