If cities are to thrive, they cannot - and must not - hold back the rising tide of innovation, but when you consider that cities are also tasked with protecting their citizens from harm, finding the balance between protection and innovation is not easily achieved. For Airbnb and Uber, their respective disruptions of the status quo were widely embraced by the public - just as their problems have been widely criticized. Both companies are part of the Sharing Economy, which came on the scene around the turn of the century and encompasses a wide variety of companies based on peer-to-peer sharing of access to goods and services. By embracing the unique approach of the Sharing Economy, both companies enjoyed a meteoric rise to global adoption, but both companies have also been plagued with lawsuits and resistance from governments concerned over the lack of protection for citizens and the inability to regulate or collect conventional taxes from these innovative startups which often operate outside of current regulatory structures. Get the full story at Inc.com