Introduction Strategy of Inter-corporate Sharing Economy for Small Businesses Competitiveness Reinforcement

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1 Introduction Strategy of Inter-corporate Sharing Economy for Small Businesses Competitiveness Reinforcement Minje Cho, Kangbae Lee, Hyung Rim Choi, Soon Goo Hong, Chang-hyun Park, Hyung-Jong Kim Management Information Systems Dong-A University Guduk-ro 225beon-gil Seo-gu Republic of Korea {mjcho, kanglee, hrchoi, Abstract: - Many businesses have concentrated on enhancing the core competence these days because of limitless competition and global recession. However they have troubles in the aspects of capital and human resource as much as it is difficult for them to find what is a core or not. Also, they have made a variety of efforts in order to solve these problems. Recently a lot of plans for symbiosis have been suggested as a breakthrough for promoting small businesses. Also many small businesses have diversified investment costs and risks by cooperation and collaboration under government support, and have searched solutions which are able to share resources and profits. The recent introduced Sharing Economy is an economic model to improve utility by sharing extra goods and services. Unlike the traditional consumption-oriented industry, the Sharing Economy has gone along with the atmosphere of finding alternatives about environmental pollution and reducing overconsumption because of the global economic recession and it has rapidly spread. However, most Sharing Economy consists mainly of a transaction model which is for businesses to provide individual consumers with services or between individual consumers. This paper founds the theory system of the Inter-corporate Sharing Economy for small businesses and suggests the framework for introducing Sharing Economy in order to reinforce small businesses competitiveness. The paper organizes the concept of Sharing Economy, categorizes the types of, and understands the currently state of Sharing Economy introduction. Moreover, this paper suggests the framework for introducing the Inter-corporate Sharing Economy, as a way to solve the existing problems in the small businesses. Key-Words: - Sharing Economy, Inter-corporate Sharing Economy, Small Business 1 Introduction At the present, small businesses have troubles in the shortage of human resources, weak technology competitiveness and providing funds. In order to overcome those problems; they have made a lot of efforts. Compared to large businesses, small enterprises lack the practical ability of new projects because the shortage of human resources and capital. Although these small entrepreneurs have excellent skills or business ideas, they don't usually put them into practice. Thus, many small businesses continue their efforts in solving those problems through exchanging the possession of its competences by cooperating between companies. Y.J. Cho(2008) reported that small businesses carried forward the cooperation projects, such as strategic alliance between small and venture businesses, collaboration, outsourcing, subcontract and co-project[1]. But he points out that the collaboration has not been achieved well because of the problems about limited communication, mutual reliability, responsibility and profit distribution. Sharing Economy is that people do not do their own services and goods, instead of that, they borrow and use other's services or goods for a while, also lend their services and goods which are unnecessary to themselves. Recently, this Sharing Economy has attracted the global attention. The Sharing Economy has firstly been used as a sense of economy since 2008 (American economic crisis by Professor Lawrence Lessing in Harvard). The term 'Sharing Economy' was used by Professor Lawrence Lessing at first, but the term has a long history. Just in Korea, there was a communal sharing of labor and a farmers' cooperative group in the past. Also, Jeremy Rifkin(2012) mentioned that the ownership age was over already and suggested the concept of Sharing Economy in his book 'The age of access' by developing IT, like Internet and Smartphone and ISBN:

2 transportations, the conditions to share the goods have been created and the market has grown[2]. However, there are few preceding researches about Sharing Economy in domestic and foreign study. Currently Sharing Economy consists mainly in the type of connection from suppliers to consumers, consumers to consumers. S.H. Kim(2009) suggested the legal problems and the improvement plans about small businesses' collaboration. Also S.S. Nam(2011) studied about the outcome of the collaboration between small businesses[3, 4]. Like these studies, the study on the Inter-corporate cooperative work was conducted, similar to Sharing Economy. But the study directly related to Sharing Economy has not been conducted yet. In this situation, in order to spread Sharing Economy, a theory structure should be formulated and a business model should be established. The plan is required to apply the Sharing Economy model to small businesses. This paper establishes the theory structure of the Inter-corporate Sharing Economy for small businesses and suggests the Inter-corporate Sharing Economy model for small businesses competitiveness reinforcement. In addition, it identifies the concept and the type of Sharing Economy. And also investigates the present state of Sharing Economy introduction and the similar concept. Through this process, the limit point of the existing solutions introduced to solve the present problems of small businesses would be drawn. Finally, the framework will be suggested for the introduction of the Inter-corporate Sharing Economy, as a solution plan to resolve the unsolved problems of small businesses. 2 Concept and Type of Sharing Economy 2.1 The concept of Sharing Economy Sharing Economy is an economic concept to emerge in preparation for the 20th century capitalistic economy featuring mass production and mass consumption. At first, it was used by Profess Lawrence Lessing in Harvard in The core of Sharing Economy is an economic model to share products in crowds. It is the idea that people rent or borrow products, not own, and the idea draws attention as a rational consumption way. This Sharing trend has spread out our life, such as houses, offices, home appliances, furniture, clothing and general merchandise. Sharing Economy is an economic model improved in existing excessive consumption. This paradigm changed from the current moderation paradigm which is based on the cooperative consumption sharing, exchanging and renting the goods, not possessing. Therefore Sharing Economy is an economic activity to increase the utilization beyond the overall values by removing the unused values among the whole values of the goods and the services. In aspect of the transaction model paying cost as much as the lending period, the rental service is a concept similar to Sharing Economy. However, the rental service is a transaction model in the possession economy introduced to reduce cost to purchase resources. The rental service which is a transaction between specialized companies and individuals takes place during a long period, and there is a lot of extra time when resources are not used. After the rental period is over, the life of the resources becomes extinct in the rental transaction despite the residual value of the resources is left. On the other hand, Sharing Economy includes a transaction between individuals, and the transaction can continue until the residual value is used up. The rental can be access by unit time, and it is possible to rent the resources during a certain period of time as much as it is required. As a result, the extra time of resources can be minimized. Craig Shapiro, the CEO of Collaborative Fund, suggested Sharing Economy, as a way to solve social problems, such as the resources waste caused by excessive consumption and the job reduction according to recession and drastic development of technology. In modern society, there are already many activities, such as barter of goods, transactions, exchange, and sharing. The forms of these activities are changed, based on IT technology. Sharing and collaboration are generalized. The examples are the ebay, the father of exchange markets, and the GoGet, a part-time vehicle sharing company, and the Zapa, a social loan platform connecting all borrowers and all lenders in the world. The definition of Sharing Economy is as in the following: to arrange the explanation of Sharing Economy by Professor Lawrence Lessing and many definitions of Sharing Economy. The Sharing Economy is defined as a collaborative activity in which individuals lend their own goods to others, or they make cooperative investment in goods and use them together. The goods are expected to be extra if ISBN:

3 individuals have them separately. The definition explains the Sharing Economy model between individual companies, or those that occupied most current Sharing Economy. Table 1. Definition of Individual and Business Sharing Economy the existing defined Sharing Economy between individuals the collaborative activity for individuals to lend their own extra goods to others, or to invest and use goods jointly which are expected to be unused if possessed individually the new defined Sharing Economy between businesses the collaborative activity for businesses to lend their own extra goods to other businesses, or to invest and use goods or services with other businesses which are expected to be unused if possessed separately And the concept includes the Sharing Economy between businesses; the general definition of Sharing Economy is as follows. The Sharing Economy is a collaborative activity: individuals or businesses lend their own extra goods and services to other individuals or businesses, or they invest and use them with other individuals or businesses. In the basis of this definition, the inter-corporate Sharing Economy is defined as a collaborative activity using the general definition of Sharing Economy. 2.2 Type of General Sharing Economy Sharing Economy takes not only tangible goods but also intangible goods and services as a sharing target. Among the tangible goods, the target goods have the following features: high price, low availability, short period of use compared to the durability of products, and low frequency of use. The common examples are cars, bicycles, baby and children products and books. In the case of sharing cars; the service type of B2C (Zipcar, Car2Go, Green Car) rents the private cars, reducing a few constraints, such as the rental time and the return location in the existing rental business model. Furthermore, the service has progressed to the service type of P2P based on the Sharing Economy platform. This P2P service has offered a service (Recrib, Kiple, The Open Closet) which can share or deal baby and children products or fashion clothing and another service (Pass the Baton) and also share the used of products. Besides C.A.R service is possible to collect products which are dispersed locally and offer them to people. In the sharing case of intangible products, there is much sharing of space. By sharing the residential space and the working space, the space availability increases. When required, the service will be served as an using type. In the case of residential space, for example, there are Air BnB and Roomorama. The service Air BnB connects travelers with hosts who have extra rooms. Another service 'Roomorama' offers not only the accommodations sharing but also the travel information. The parking space sharing is a typical type of sharing space. The parking space sharing collects the parking space information from each country and city and posts the sharing platform of the private parking space. Through this service (ParkatMyhouse, Parkopedia), the travelers who need the parking space pay the charge, and then use the space. In the case of working space, people share the extra space of offices or workrooms which individuals or businesses have and use the space steadily or the shooting place. The examples of this service are 'eworky' and 'amazing space'. It is also possible to share services. By sharing individuals' talent, time, knowledge, experiences and ideas, the Sharing platform offers them to individuals or businesses in need and gives the qualification to receive profits or further services (Hub Culture, Shiroube, Guest Chef). 2.3 Type of the Inter-corporate Sharing Economy The inter-corporate Sharing Economy, as previously stated, is a collaborative activity that businesses rent their own extra goods or services to other companies, or make cooperative investment on the expected extra goods and services with other companies. Table 2. Inter-corporate Sharing Economy Classification by Type Type Type 1 Type 1-1 Type 1-2 Type 2 Content Type of renting extra resources possessed by companies to other companies Type of sharing facilities, equipment, land with other companies Type of sharing the intellectual property right with other companies Type of using expected extra resources in common Criteria of Classification possession goods goods types unprocessed goods The inter-corporate Sharing Economy can be classified by types and purposes. The classification by type can be divided into two types, like Table 2., and the content is as in the following. The first ISBN:

4 classification is a type to lend the extra resources which businesses have individually to other businesses (Type 1). This category is divided into two sub-types. Type1-1 is to share them with other businesses when the company own facilities, equipment, land, etc. and are not used. Type 1-2 is to share the intellectual property right secured by the individual company with other businesses. The second classification is a type to use the expected extra resources in common. This type is like the following Table 3. Table 3. Type of Using the Expected Extra Resources in Common Category Type Target Content Goods Service co-facilities group purchase cooperation development comarketing co-education co-service facilities, equipment, land raw and subsiding materials, human resources research developm ent resources and outcome marketing resources education resources A/S investing and sharing the expected extra facilities in common procuring the resources cheaply and stably through a large purchase and dividing the resources by shares resources and human resources input into cooperation development of products and techniques in common utilization of marketing resources, such as new brand development, advertisement cost, marketing human resources, space, advertisement channel, distribution and sales network, in common to reduce marketing costs sharing necessary resources in the education of human resources in companies utilization of service offer routes in common to increase profits, considering service improvement and traits of service products The classification by purposes can be cost cutting, consideration of bargaining power reliability, availability, according to the pursuing purposes of the inter-corporate Sharing Economy, as the following Table 4. Table 4. Classification of Inter-corporate Sharing Economy in terms of Purposes Purpose content cost reduction consideration of bargaining power consideration of reliability consideration of availability cost price reduction and purchasing power improvement through a large and a regular purchase increase of bargaining power about suppliers because of realization of scale competition with members of many associations improvement of business reliability through joint brand development compensation of lack capability through sharing facilities or the intellectual property right 3 Present State of Sharing Economy Introduction There have been many activities similar to Sharing Economy in existing business activities. The inter-corporate cooperation and collaboration is a typical example. K.D. Kwon(2002) classified the inter-corporate collaboration as, an operational collaboration and a strategic collaboration by ranges and targets[5]. Also cooperation is that many businesses collaborate on same work and job activities in common. There are strategic alliance, partnership and outsourcing in the cooperation. Also the virtual enterprises have increased. The enterprises are operated as a company connecting and integrating independent decision-making subjects which have complementary core ability. The virtual enterprise means the network organization made temporarily by partnership or strategic alliance which can be broken up after finishing certain works or projects. This type is similar to the Sharing Economy studied in this paper. K.H. Park(2007) emphasizes that in the case of the virtual enterprise, a term of existence is temporary and sometimes informal, compared to Extended Enterprise[6]. She also mentions that the enterprise has more synchronization between participation groups. The virtual enterprise can minimize the industry risks in markets and have the ability to cope with more creative and sudden change because it selects a lending market chance business method pushed by new market or chance in having a dynamic structure. However considering ISBN:

5 the examples of the existing virtual enterprises, any virtual enterprises could not be successful in maintaining the equal collaborative projects between small businesses. The typical examples are cases of large companies or global companies. Also, in these cases, the enterprises which have the core ability take part in each field in the enterprise activity process, such as production, cargo, purchase, technology, advertisement beyond local border, rather than sharing extra resources. Many problems which the existing small businesses have can be solved if utilizing Sharing Economy. It is possible to reduce cost and time to develop technology and products in running institutions and design centers by small businesses together. It is difficult that each business makes a massive investment and the businesses have difficulty in being equipped with resources in need. Thus, it is possible to strengthen competitiveness through cost cutting and realization of economic scale, like securing necessary resources in low cost through sharing extra resources between businesses or operating group purchase and running it. It is possible for small businesses to secure superior bargaining power in relationships among consumers, suppliers and competitors through the inter-corporate sharing and collaboration. Despite of the above effects, there are many problems to solve in the inter-corporate Sharing Economy. First of all, there is a problem of recruitment of participation subjects. It is not easy to find partners having common interests or solving problems. Although the partners are found, it is a problem to secure business reliability. Especially, when it comes to promoting some work, there are a few problems; who manages the project? Or how would cost and profit be distributed? In order to achieve the network effect in forming and spreading the Sharing Economy continuously, not temporarily, a platform based on IT technology should be secured. 4 Framework for Introduction of Effective Sharing Economy 4.1 Business Process for Inter-corporate Sharing Economy As mentioned earlier, there has been co-work or collaboration, similar to inter-corporate Sharing Economy, but diffusion is not facilitated yet. In this inter-corporate collaboration, the most difficult problem is that the companies have not had a clear model and a framework yet. Particularly, the absence of business model to form and maintain the partnership between participation subjects is the biggest obstacle to the revitalization of intercorporate collaboration. This chapter suggests a model and a framework based on the previous defined Sharing Economy business process. Timmer(1995) categorizes the elements of the business model into the roles of participants in business, the structure of value flow (products, services, information), the potential profits, the source of profits[7]. Rayport and Jaworski(2002) classifies the elements of the business model into value proposition, products and services, resources system, profit model[8]. Rappa(2000) defines the business model, as a method to perform the business with the purpose of generating revenue and surviving[9]. And he suggests that it is unnecessary to have more compressive and detailed contents, distinguished with the business plan. He emphasizes that the concrete method should be presented to generate the profits, and this business model should be an idea as small as the participants could remember. This study is a leading study presenting the intercorporate Sharing Economy model, and the later task is a part of cost and profit which are generated by participants. The inter-corporate Sharing Economy model would be presented by defining the components, extending the business model suggested by Rayport and Jaworski(2002)[8]. The existing proposed business model consists of value proposition, products and services, resources system, profit model, and they are performed successively. 1) Value proposition: target object, value given to consumers, discrimination with competitors 2) Products and services: range of products and services, consumers' decision process, mapping of consumers' decision process with products and services 3) Resources system: inner system of organizations adjusting in order to provide the effect of value proposition 4) Profit model: method to generate profits through business and to get high profit compared to investment capital In order to reflect the Sharing Economy on this model, the core is the business target to apply the inter-corporate Sharing Economy and the fair distribution of cost and profit which are generated when selecting the sharing participants and performing Sharing Economy. Especially, the business target of Sharing Economy can become a ISBN:

6 variety of items, and when selecting the business target, the evaluation of the costs and the effect should be made thoroughly. Also, the sharing participants could become a successful element of Sharing Economy realization. Especially, the participants' reliability estimation and the distribution problems of cost and profit are major issues for the participation and the revitalization of Sharing Economy. As mentioned above, the extended model is the following Fig 1.; in considering the business target selection, the participants' reliability estimation, the distribution of cost and profit, as core points in the existing business process model. Fig 1. Model of Inter-corporate Sharing Economy 1) Sharing Business Field Definition: Sharing Business Target Selection by defining goods and services to search the market opportunity and conduct the Sharing Economy 2) Sharing Business Core Opportunity Discovery: To estimate the Sharing Business Target required by the companies in the viewpoints of cost and effect. To analyze the existing conducted activity process, and to grasp the benefit which was not offered in the existing process through the sharing, and to determine the sharing plan and the operation method, and to draw the profit model? 3) Sharing Business Partner Selection: To search the sharing users, the sharing suppliers or the sharing businessman. To choose the partners and allocate the roles, analyzing the reliability and the capability about them 4) Sharing Business Resources System Composition: To determine and be linked with each resource in need by the participating degree and the capability of the Sharing business target and the partners. To select the management subjects for the sharing business. To determine a sharing plan, operation method decided in the Core Opportunity Discovery step, distribution plan of the investment shares, cost and profit by the profit model 5) Sharing Business Progress: To progress the sharing and the sharing business with the resources inputted by the planned business target and the participants. To adjust the generated dispute and distribute the generated cost and profit 6) Sharing Business : To evaluate each step of the sharing business and the business outcome. To draw the improvement plan and reflect the plan on the existing sharing business and the new sharing business 4.2 Process Model by Sharing Economy Type This paper extends the structure of the value (products, services and information) flow mentioned in Timmer's Business model definition on the basis of Rayport and Jaworski's Business model, and presents the process by the inter-corporate Sharing Economy type and the activities depending on each process. In the previous definition of the inter-corporate Sharing Economy, the process model of Type 1 Sharing Economy is as the following Fig 2.; the company lends the extra goods owned individually to other companies. ISBN:

7 Fig 2. Process Model of Type 1 Sharing Economy In the process of Type1 Sharing Economy, when facilities, equipment and land owned by individual company are unused, Type 1-1 is that other companies can share the extra goods. Type 1-2 is that other companies can share the intellectual property right owned by individual companies. Because this classification is a division in accordance with the sharing target, the process of Type 1-1 and Type 1-2 is same. Table 5. Activity by the Process of Sharing Economy Type Sharing Supply Sharing Supply Plan Target Selection Establishment Sharing Supplier Sharing User Sharing Supply Target Search Sharing Supply Effect Sharing Supply Cost Sharing Use Target Selection Sharing Use Target Search Sharing Use Effect Sharing Use Cost Sharing Supply Plan Establishment Sharing Supply Cost Estimation Sharing Use Plan Establishment Sharing Use Plan Establishment Sharing Use Cost Estimation Sharing User Selection User Sharing Search Sharing Reliability User Sharing Supplier Selection Sharing Supplier Search Sharing Supplier Reliability Sharing Supply and Use Sharing Profit Calculation Sharing Charge Cost Sharing Cost Calculation Sharing Payment Cost Take a look at the detailed activity by the process of Type 1 Sharing Economy. First of all, the sharing supply or the use target is selected. At that time, the effect and the cost obtained in sharing as well as the sharing supply or the target search should be also evaluated. Through this process, whether sharing or not is determined, and then a plan about the sharing supply or use is established. In this step, a specific sharing plan is made, and the sharing cost is estimated. In searching the sharing user or the subject, their reliability is evaluated and the formation of the partnership and the maintenance possibility are sounded out, and the sharing target is determined. After the procedure, the actual sharing supply or use happens, the cost charge and the payment are done with the disputed plan. The process of Type 2 Sharing Economy, which is a form to use the expected extra resources in common, is as the following Fig 3. In the process of Type 2, the sharing businessman can become a sharing participant or a management subject. The management subject can be a sharing participant or an independent subject, not a sharing businessman, by the discussion of the sharing businessman and the sharing participant. ISBN:

8 Fig 3. Process Model of Type 2 Sharing Economy In the case of the detailed process activity in Type 2 Sharing Economy in Table 6. Co-facilities, group purchase, cooperation development, comarketing, co-education and co-service are divided by the Sharing target. But all the sharing activities are possible through the Table 6. process. According to the market situation, the target of the sharing business is selected. In this step, the expected cost and effect can be evaluated. And then, the sharing business is constructed. It can be estimated that who manages the sharing business actually, among many participants, and how the business is operated and how much the investment shares are. By the determined sharing business construction, the sharing participants are selected. At that time, the sharing businessman collects the participants' company information, chooses the partner, and decides the roles and the investment shares when sharing the business. Once the sharing participants are selected, the actual sharing business can be progressed. After this procedure, the cost and the profit generated in the sharing business are charged and paid according to the previous determined points. Table 6. Activity by Process of Type 2 Sharing Economy Sharing Businessman and Sharing Participant Sharing Business Target Selection Market Opportunity Search Business Target Selection Cost and Effect Sharing Business Construction Management Subject Decision Operation Plan Establishment Investment Share Estimation Sharing Participant Selection Company Information Collection Partner Choice Role Allocation Sharing Business Progress Co-Business Activity Dispute conciliation Sharing Business Calculation Profit Distribution Cost Distribution 4.3 Framework for the Inter-corporate Sharing Economy The framework for the inter-corporate Sharing Economy consists of the following four components. The first component is a business process for the inter-corporate Sharing Economy. As mentioned earlier, the most difficult problem in the inter-corporate collaboration is that there is not a clear business model. The absence of such model is the biggest obstacle to form the partnership between the participation subjects and the inter-corporate collaborative activity. The second component is a process model by the sharing type. Depending on the company, the inter-corporate relation or the sharing target, forms and methods of the Sharing Economy are different. The sharing can be offered and used. From Sharing Business Target Selection, the sharing can be selected with inter-corporate cooperation. For sharing, the business method, the participant ISBN:

9 construction, the business progress and the calculation of the cost and profit can become different. In the framework of the inter-corporate Sharing Economy, the guideline about these parts is necessary. The third component is an IT platform of the Sharing Economy. The Sharing Economy can be seen as an economic model based on the online platform. In the inter-corporate Sharing Economy, the resource owners and the users have taken part in the transaction with the online platform constructed by the Sharing Economy business as the center, and have verified the reliability for each other through communicative means, like SNS. The most essential background of the activation of Sharing Economy can be the development of IT platform business. Also, the inter-corporate Sharing Economy is mostly carried out based on IT platform. The biggest advantage of IT platform business can be considered an easy accessibility. Because IT platform business has greatly eased the constraints of time and region. And this IT platform should provide communicative means, like SNS platform, inside or outside, and be able to verify the reliability of participants. Furthermore, the IT platform should function as a role of the online market and magnify pie of the market and can bring the effect of cost saving. The fourth component is legal infrastructure. The basis of Sharing Economy is to share extra resources. The companies utilize extra resources and intangible resources and create profits on the basis of Sharing Economy model. In this case, some problems about imposition of tax on the generated profits come up. And when dissatisfaction occurs in Sharing Economy, legal criteria to prescribe clear responsibility and to solve the dispute are vague. Mandatory control and policy problems have a great effect on success and spread of Sharing Economy model. There are no problems out of the category of mandatory control and policy, such as business, housing, land use, labor law, intellectual property right, corporate governance structure, production and fund raising. Because the draft of most laws and regulations affecting on Sharing Economy is made in the industrial production and mass consumption age, most of the laws and the regulations are inappropriate to Sharing Economy. For example, there are many problems in legal terms when people hold an event to receive some entry fee and offer foods and exchange clothes. This case has some problems; are the offered foods simply donated? Is there a problem on safety and health regulation? How are the problems of profit and tax solved of the number of participants is 500, not 5? These are legal problems to solve when it comes to the globally spreading vehicle sharing. There are a variety of opinions concerning the following problems; do people choose individual insurance or collective insurance? Is the license for individual use or business use? How is tax applied? To who is tax imposed? How far can people drive and park vehicles? Above mentioned, because the category of the target resources are different in Sharing Economy, the law domain to be able to be applied should be very diverse in order to restrict them. Therefore it is necessary to prepare concrete bills by Sharing Economy transaction resources and methods. Fig 4. Inter-corporate Sharing Economy Framework ISBN:

10 5 Conclusion The present Sharing Economy has been spreading rapidly because of the global economic crisis; especially the inter-corporate Sharing Economy can be an alternative to supplement the existing efforts for solving and overcoming many problems of small business. This paper sets up the theory system in order to spread the inter-corporate Sharing Economy and suggests the model of Sharing Economy. This paper defines the inter-corporate Sharing Economy for the Sharing Economy model development, and widens Rayport and Jaworski's (2002) business model, and presents the model considering the distribution of cost and profit which are generated when selecting the business target and the sharing participant, as a core of the intercorporate Sharing Economy, and carrying out Sharing Economy. Based on the suggested model, the paper draws the Sharing Economy process by type classified in the definition of the intercorporate Sharing Economy and the consequential activities. However the study about specific tasks to be carried out in each step of the Sharing Economy model and the outcome is insufficient yet, so further research is needed. Also it is necessary to explore on the evaluation of the sharing participants' reliability and capability, as the core of Sharing Economy, and to make inquiries on the distribution method of the cost and profit in the inter-corporate Sharing Economy. It is also necessary to follow a line of investigation on the platform based on IT offering the conditions to shape the Sharing Economy and on the framework considering the government policy and system. To do this, supplementary study about the design and the realization of the framework considering the distribution method of cost and profit for the small businesses Sharing Economy should be done. [2] Jeremy Rifkin, The Age of Access: The New Culture of Hypercapitalism, Where all of Life is a Paid-For Experience, Tarcher, 2001 [3] So Hee Kim, A Study on the Problem and Improvement of the Small and Medium Enterprises Law, The Graduate School of Sookmyung Women's University, 2009 [4] Sang Su Nam, The influence on cooperation performance by cooperation between SMEs, The Graduate School of Kyungpook National University, 2011 [5] Ki Dae Kwon, Impacts of Growth Stages of Venture Business & Characteristics of Large Firms on Collaboration Pattern, Korean Journal of Business Administration, Vol.33, No. 3, 2002, pp [6] Kyung Hye Park, Se Yeon Choi, A Study on the Influence Factors for Virtual Enterprise, Journal of Information Technology Applications and Management, Vol.14 No.1, 2007, pp [7] Timmers, Paul, Business Models for Electronic Markets, Electronic Markets, Vol. 8, No. 2, 1998, pp.3-8 [8] Rayport and Jaworski, Introduction to e- Commerce, Mcgraw-hill, 2002 [9] Rappa, Michael, Business Models on the Web, digitalenterprise.org/models/ models.html, 2006 Acknowledgements This work was supported by the National Research Foundation of Korea Grant funded by the Korean Government (NRF-2012S1A5A2A ) References: [1] Yun Je Cho, A Study on Network Development Policy Between Small and Medium Enterprises through a Business Collaboration Model, The Graduate School of Konkuk University, 2008 ISBN: