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The collaborative economy involves using internet technologies to connect distributed groups of people make better use of goods, skills and other useful things. It is going through a period of growth and experimentation and in order to gauge where the collaborative economy is headed, we need to start by getting a better grasp of its current state. The report identifies five defining traits, some or all of which can be found in the collaborative economy ventures studied. Four pillars of activity, collaborative consumption, production, learning and finance are also identified.