"While the concept of sharing is as old as humanity, the full possibilities opened up by the digital tools of the sharing economy are often still not fully appreciated. Cities need to move beyond the regulatory mindset in this evolving landscape... They may also have a role in integrating/implementing solutions for sharing of (or collaborating on) public assets and services and/or collaborating with other cities, enterprises (for-profit or not-for-profit) and other stakeholders to make the most of a city’s assets. Harnessing these business models, cities can channel partnerships to influence and shape “sharing and collaborative” culture across all industry sectors – as they have with the mobility and hospitality sectors.,, Getting to grips with the pitfalls and potential of the sharing economy is critical. If managed well, the sharing economy promises to have a transformative impact on cities. It can boost the economy, nurture a sense of community by bringing people into contact with one another and facilitating neighbourliness and improve the environment by making the most efficient use of resources."