Sharing economy benefits and sustainable development goals: Empirical evidence from the transportation industry of Vietnam

Abstract

Sustainable development goals (SDGs) are the foremost requirement of the entire world, and a sharing economy is potentially the best way to achieve them, a phenomenon which needs to be emphasized. This study empirically investigates the impact of the environmental, social and economic benefits of a sharing economy on SDG achievement, along with the mediating impact of innovative culture on the association between these benefits of a sharing economy and SDG achievement. This study gathered primary data from sample of employees of transportation industry of Vietnam. The study employs PLS-SEM using Smart-PLS to analyse the association among the constructs. The findings show that the social and economic benefits positively and significantly relate to SDGs achievement. Additionally, the findings also indicate that in the presence of innovative culture as a mediator, the determinants of sharing economy benefits are significantly correlated with sustainable development goals. This study provides guidelines for regulators formulating regulations related to SDG achievement through a sharing economy.