Innovative Elderly Care Service Models from the Perspective of the Sharing Economy

Abstract

With the intensification of global aging issues, traditional elderly care models are increasingly facing numerous challenges, making the exploration of innovative service models a necessity. “Shared Elderly Care” represents an innovative model of elderly care services based on principles of sharing and cooperation. This study examines the concept, value, prerequisites, and implementation methods of the “Shared Elderly Care” model from the perspective of the sharing economy, using China as a case study. The essence of this model lies in the sharing of elderly care resources and the matching of supply and demand, which not only concerns the welfare of the elderly but also closely relates to the healthy development of the elderly care industry and the perfection of its ecosystem. This paper further analyzes the role of sharing economy platforms and AI technologies in providing elderly care services, integrating resources, sharing values, and offering customized services. It specifically discusses the implementation methods of “Shared Elderly Care,” including shared platforms, knowledge sharing, “shared accommodation,” “shared equipment,” “shared offspring,” and technological empowerment. Additionally, the study explores the challenges and strategies concerning profitability models, shared platforms, privacy security, credit systems, institutional safeguards, and policy support.

Presenters

Zimin Meng
Professor, Bay Area International Business School, Beijing Normal University at Zhuhai, Guangdong, China

Songbai Liu
Professor, Member of the Teaching Supervision Expert Group, Chairman of Zhuhai-Hong Kong-Macao Economic Research Institute, Business School, Beijing Normal University, China

Xu Zhou
Student, DBA, The City University of Macau, Aomen (zh), China

Details

Presentation Type

Paper Presentation in a Themed Session

Theme

Knowledge Economies as the Constant

KEYWORDS

Shared Elderly Care,Sharing Economy,Innovative Service Models,Knowledge Sharing

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