Is the platform economy actually something new under the sun, or is it nothing more than old wine in new bottles? And what are the implications of this for its regulation?
A Game Changer?
The platform economy might come across as an innovative and fancy new phenomenon. But is it actually something new under the sun, or is it nothing more than old wine in new bottles? In other words, does it entail a real transformation of the economy, or are we witnessing business as usual, albeit in a new (digital) form?
Tonight, Andrea Herrmann sheds light on how debates around such questions have implications for the ways in which the platform economy is (not) regulated. Find out to what extent the platform economy is changing the rules of the game and challenging long-established paradigms. For instance, how important are traditional educational degrees in the platform economy, and is the platform economy making for a truly global labour market? And how equipped are existing regulatory frameworks to deal with the challenges brought up by platforms?
About Andrea Herrmann
Dr. Andrea M. Herrmann is Associate Professor in Innovation Studies at the Copernicus Institute of Sustainable Development (Utrecht University). She was a Marie Curie research fellow at Columbia University (New York) and a postdoctoral research fellow at the Max-Planck-Institut für Gesellschaftsforschung (Cologne). She holds a PhD from the European University Institute (Florence) and an MSc from the London School of Economics (London).
In her research, Dr. Herrmann studies institutional influences on incumbent firms, entrepreneurial ventures and online labour markets, including platform businesses. More concretely, her research interests comprise the areas of entrepreneurship, the gig economy, institutional theory, corporate strategy, innovation management, and economic European integration, as well as quantitative and qualitative research methodology. Supported by an NWO Vidi grant, Dr. Herrmann investigates how national labour market institutions influence participation in the gig economy and how the gig market could be regulated.
About lecture series The Platform Economy
Did you ever order food via Deliveroo, book an accommodation through Airbnb, arrange your transport via Uber, or order a present on Bol.com? You are probably familiar with the platform economy, even if you don’t realize it. Online platforms facilitating the exchange of services and goods have been on the rise over the last years, and currently experience a further impetus in the context of the corona crisis.
The emergence of the platform economy has originally been heralded as a way to contribute to all kinds of favourable outcomes, ranging from economic development and innovation, to emancipation, equality and sustainability.
But where do we stand now, and where will it take us? This series explores the societal implications of the platform economy, by analysing the developments and challenges so far, and forecasting and discussing future directions this phenomenon might take. What kind of effects have been hypothesized, and to what extent have they crystallized in practice? Has the platform economy proved to be system changing, or rather a digitalization and even strengthening of the status quo? To what degree can it live up to its promises, and what are decisive factors in this?