Share economy: It is that kind of economic model in which the individuals are free to take someone else assets on rent and can even borrow. This model is best suited in economies where the prices of assets are quite high and the assets are not in use all the time (Brown, 2010).
Collaborative consumption: It an economic model which is based on the concept of finding better ways of what we consume rather than what we consume by sharing, trading and renting of products and services.
Sustainability: It refers to the ability of something for creating and maintaining the conditions which are essential for the existence of mankind and nature in productive harmony state with which the social and economic requirements of the present and future generations are fulfilled.
Stakeholder: Are the individual who has invested money in something due to the returns expected in terms of interest on his investments. They are internal and external parties who can and is affected by the functioning of the organization (Ritchey, 2011).
Here the topic of discussion will be “The wicked problems for a share transport business of ‘Go get share Car’ in an urban environment”. The information collected is from varied sources such as articles, journals and free sources available online.
The wicked problems for the transport business are the expansion of urban footprints, traffic congestion, government rules and regulations etc.
The major wicked problem I would like to discuss here is to make people understand and convince them about the need for sharing transport and its importance for them and the economy as a whole. For a sharing economy which are generally the developing countries which have a developing infrastructural facilities which needs more time and investments to meet the infrastructural structures of the developed countries (Grint, 2010).