Collaborative consumption (CC) relies on both co-consumption and co-production models. To better understand this phenomenon, we analyzed 123 CC research articles from both co-consumption and co-production sides, and identified four relevant research domains using a citation network analysis. We found that the scope of the studies was expanding from the demand side (i.e., co-consumption) to the supply side (i.e., co-production), and there has been an apparent shift in focus from studying the antecedents to examining the outcomes. There is a clear consensus on the drivers of CC activities, yet disputes remain about their impact on economic growth, social development, and environmental sustainability. Our analysis reveals that the theories on CC have undergone fundamental changes with the emergence of new empirical models. We provide an integrated framework to synthesize the research topics and proposed an agenda for further investigation.