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Wikipedia

Coworking

January 01, 1970

Coworking is an arrangement in which workers for different companies share an office space. It allows cost savings and convenience through the use of common infrastructures, such as equipment, utilities and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.[1] It is attractive to independent contractors, independent scientists, remote workers, digital nomads, and people who travel frequently. Additionally, coworking helps workers avoid the feeling of social isolation they may experience while remote working or traveling[2] and eliminate distractions in home office. Most coworking spaces charge membership dues. Major companies that provide coworking space and serviced offices include WeWork, IWG plc, Industrious, and Impact Hub.

A coworking space in Berlin

Types edit

Coworking is not only about providing a physical place, but also about establishing a community. Its rapid growth has been seen as a possible way for city planners to address the decline of high street retail in urban centres.[3] Its benefits can already be experienced outside of the physical spaces, and it is recommended to start with building a coworking community first before considering opening a coworking place.[4] However, some coworking places have no community building; they just get a part of an existing one by combining their opening with an event which attracts their target group.[5][4]

Coworking tends to fall into two sides: Those that are real-estate-centric (all about selling desks and offices first) while others are community-centric (focused on building community that happens to also have offices or desks). Players target freelance professionals, remote workers, and small to medium enterprises (SMEs) who need a space and seek a community with a collaborative spirit. Customers also often benefit from professional services such as printing or incorporation or consulting.[6]

Coworking is distinct from business accelerators, business incubators, and executive suites.[7] These spaces do not fit into the coworking model because they often miss the social, collaborative, and informal aspects of the process. In coworking, management practices are closer to that of a cooperative, including a focus on community[8] rather than profit.[9] Some coworking participants are also involved in an unconference such as BarCamp.[10]

Some coworking spaces are geared towards particular niches. For example, CoWorking With Wisdom, in Berkeley, California, combines coworking with meditation, mindfulness, and yoga programs,[11] The Wing was founded for "the advancement of a certain type of woman",[12] and Work and Play in South Orange, New Jersey has onsite childcare for entrepreneurial parents.[13] Coworking spaces with a religious aspect include Epiphany Space, a Los Angeles space for artists, and SketchPad, a Chicago space for Jewish not-for-profit organizations.[14]

History edit

 
Citizen Space in San Francisco

Between 2006 and 2015, a few studies showed that the number of coworking spaces and available seats have roughly doubled each year. Coworking was preceded by European hacker spaces of the 1990s, where programmers would exchange skills and best practices.[15]

Some coworking places were developed by remote workers and entrepreneurs seeking an alternative to working in coffeehouses and cafes, or to isolation in independent or home offices.[citation needed] Another major factor that drives demand for coworking is the growing role of independent contractors, digital nomads,[16] and remote or hybrid employees.[17]

In Asia Pacific edit

 
Toong's design in Hanoi is a blend of cultural features and modern details.

Coworking in Asia has become very popular as space is limited in regions like China, Hong Kong, India, the Philippines, Saudi Arabia, Singapore, Taiwan, and Vietnam.[18] The major metropolitan cities in each of these regions are every day coming up with new coworking ideas and spaces, promoting emerging startups and business to adopt the trend. Research from commercial brokerage firm JLL found that flexible work space in Asia-Pacific, including both serviced offices and coworking, surged 150% from 2014 to 2017.[18]

In Pacific countries such as Australia and New Zealand, coworking has been made popular as the prices of commercial spaces and bills rise, with coworking being up to 25% cheaper for most freelancers and businesses.[19]

 
Coworking space in Makati, the Philippines

In Hong Kong for example, dozens of coworking spaces have been set up to foster the rapidly growing startup community; according to Forbes it is among the leading tech locations in the world, along with New York City and Silicon Valley.[20] Spread across almost all districts, coworking places can be found everywhere while the majority of places are situated on Hong Kong Island and there predominantly in the Central and Sheung Wan districts.[21]

The Malaysian state of Penang, long regarded as the Silicon Valley of the East, has also witnessed an increase in coworking spaces.[22][23] Aside from privately owned startups, the Penang state government has embarked on a drive to convert colonial-era buildings in the capital city of George Town into coworking spaces.[24]

As well as tech startups, coworking is becoming increasingly common amongst digital nomads in Asia. A 2011 survey found most coworkers are currently in their late twenties to late thirties, with an average age of 34 years. Two-thirds are men, one third are women. Four in five coworkers started their career with a university education. The majority of coworkers work in creative industries or new media. Slightly more than half of all coworkers are freelancers.[25]

Coworking is popular in India.[26][27] According to a 2017 report by real estate firm CBRE, there are 350 shared office operators present in India spread across more than 800 locations. Leasing activity by coworking and business center operators more than tripled on 2016.[28]

 
Coworking space in Melbourne, Australia

In Australia, WeWork and Spaces are present, challenging locally owned and operated companies. Hub Australia is the largest, privately owned Australian coworking operator.[29] With many independent operators opening smaller specialist sites (including in rural[30] and regional areas of the large country), some larger providers have expanded nationwide, with the distance between major cities an asset to both the coworking provider and the community.[31]

In India, Coworking business is very popular in metro city as Tier 2 and Tier 3 Cities of India. In India during 2017 and 2018 indicates a marked increase.[32] While in 2017, the space leased was 1.9 million sq. ft., it increased more than two times to 3.9 million sq. ft. in 2018. India has the third-largest startup ecosystem after China and the US with more than 5,200 startups.[33][34] Now many major cities like Mumbai, Hyderabad, Bangalore, Delhi, Ahmedabad and Chennai have coworking spaces and they are increasing by the day due to the startups.[35]

In Europe edit

 
Coworking space in Glasgow, UK

In 2017, Europe ranked third as a region in terms of the number of coworking spaces, behind the United States (3,205) and Asia (3,975).[36]

France opened its first coworking space in 2008, La Cantine, located in Paris.[37]

The U.K. is among[weasel words] the most responsive European country to the idea of collaborative working, with a special focus on London. In the city, the Shoreditch area leads the coworking market, not only for the large number of coworking places it offers but also for the variety of places that exist to fit the differing needs among start-ups, entrepreneurs and freelancers.[38] Camden Collective is a regeneration project in London that re-purposes previously vacant and underused properties that opened its first 'wire-less, wall-less' coworking space in 2009.[39]

In June 2013, the Government of the United Kingdom announced it would be applying coworking principles to a new pilot scheme for its 'One Public Sector Estate' strategy covering 12 local authorities in England, which will encourage councils to work with central government departments and other bodies so that staff share buildings. This will enable the authorities to encourage collaboration as well as re-use or release property and land deemed surplus to requirements, cutting spending and freeing up land for local development.[40]

Estonia At the beginning of 2022, the Pärnu Start-Up Center coworking space opened in Pärnu. Their aim is to connect remote workers and small entrepreneurs who usually work in a café or at home, offering them a comfortable business centre where they can work in peace and meet their clients. Helping local business community to grow and make new contacts. Believing in the power of community and collaboration, and knowledge that together they can make the impossible possible. The building Hommiku 5 was renovated and funded for digital professionals by Chi Keung Ivan Wong from Hong Kong.[citation needed]

Coworking is also common in continental Europe, in places such as Stockholm and Brussels.[41]

Smaller urban areas with many young and creative people and especially College towns may offer coworking places. Cooperation between coworking spaces and academic environments are focused.[42]

In North America edit

Since Neuberg started the coworking movement in 2005, San Francisco continues to have a large presence in the coworking community and is home to a growing number of coworking spaces.[43] Also in the Bay Area, Anca Mosoiu established Tech Liminal in 2009, a coworking place in Oakland.[44]

The coworking model for office space is extremely popular in Miami. In fact, a 2018 study done by Yardi Matrix, recognized Miami as the US city with most co-working spaces per square foot.[45] As of 2023, Florida is one of the fastest growing coworking markets. [46]

Coworking has also spread into many other metropolitan areas, with cities such as Seattle, Washington,[47] Portland, Oregon,[48][49] Toronto,[50] Wichita, Kansas,[51] and Columbus, Ohio[52] now offering several coworking venues. In recent years there has been an increase in the number of suburban and rural coworking spaces including Amarillo, Texas,[53] Des Moines, Iowa,[54] Independence, Oregon[55] and Indianapolis, Indiana.[56][57]

The New York coworking community has also been evolving rapidly in Regus and Rockefeller Group Business Center. WeWork and other services have a large presence. The demand for coworking in Brooklyn neighborhoods is high due to the increased number of millennials in the workforce; nearly one in 10 workers in the Gowanus, Brooklyn area are remote workers.[58] The industrial area of Gowanus is seeing a surge in new startups that are redesigning old buildings into new coworking spaces.[59] In Brooklyn, in 2008, the first green-focused coworking space in the US, called Green Spaces, was founded by Jennie Nevin, and it expanded in 2009 to Manhattan and Denver and has been a driving force for green entrepreneurship through the collaboration of coworking.[60]

 
Hubs in Africa

In Africa edit

In 2011, Co-Creation Hub was founded in Yaba, Lagos by Bosun Tijani and Femi Longe, it is often referred to as Cc-Hub and it houses over 50 startups such as BudgIT, GoMyWay, Lifebank, Findworka, Autobox[61]

IHub is also an innovation hub and incubator space for startups founded by Erik Hersman in 2010. iHub was a pioneering coworking space in Africa, in 2019 Cc-hub announces the acquisition[62] of IHub in Nairobi, Kenya.

Ventures Park[63] was founded in 2016 in Abuja by Kola Aina. Its an artsy space for freelancer, entrepreneurs, professionals, and startups manage their operations and network. They launched a Campus Co-working space in University of Abuja known as Ventures Platform campus[64]

In 2023, WomHub coworking space opened in Cape Town. It is a female-founded innovation center and coworking space designed to support women entrepreneurs in South Africa. [65]

Occupancy demographic in coworking spaces edit

Age of occupants edit

The average age of members in coworking spaces is currently 36 years old, increasing slightly from the previous year. Freelancers and entrepreneurs with staff are the oldest members with an average age of 38 and 40 years, respectively. Meanwhile, employees under the age of 30 make up 43% of the total workforce, with an average age of 33 years.In larger cities, where the ratio of employees is higher, the average age of members is lower at 34.5 years, while smaller cities with populations of less than 100,000 have an average member age of 38.5 years.[66]

Gender of occupants edit

Women represent an estimated 40% of workers in coworking spaces, a figure that is thought to be increasing. This rise is largely attributed to the growing number of employees working in coworking spaces; in these spaces, women represent a small majority of employees, 46% of freelancers, and 24% of employer positions. Similar to trends outside of coworking spaces, the share of female members drops, particularly in the age group of 30 to 50 years, after marriage due to child care. This could also be influenced by the longer travel times women often face, especially as employees, when travelling to coworking spaces.[66]

Area of work in occupants edit

Smaller coworking spaces largely house freelancers, and as the spaces grow bigger, they provide offices for companies or private individuals, which causes a decline in the ratio of freelancers. However, the trend has stagnated lately, and freelancers still make up 41% of coworking space members. The dominating industries for coworkers are IT, PR & sales. The survey also found that members are highly educated, with around 85% having finished an academic education, and the age group of over 50-year-olds has a slightly lower percentage of university graduates. Additionally, freelancers are more likely to hold a university degree, while employers are more likely to have a doctorate.[66]

See also edit

References edit

  1. ^ Babb, Courtney; Curtis, Carey; McLeod, Sam (2018-10-02). "The Rise of Shared Work Spaces: A Disruption to Urban Planning Policy?". Urban Policy and Research. 36 (4): 496–512. doi:10.1080/08111146.2018.1476230. hdl:20.500.11937/70106. ISSN 0811-1146. S2CID 158310238.
  2. ^ Butler, Kiera (January 1, 2008). "Practical Values: Works Well With Others". Mother Jones.
  3. ^ Carder, Paul. "Cowrking or coffee shops reinvigorating the town centre". Work&Place Journal.
  4. ^ a b "Space Catalyst: Getting Started". Coworking wiki.
  5. ^ Foertsch, Carsten (2010-09-01). "7 tips for a successful co-working space". Deskmag.
  6. ^ Martin Pasquier. "The Future of Coworking: coworking visas, corporate partnerships and real-estate specialists". Innovation Is Everywhere. Retrieved 2015-02-14.
  7. ^ DeGuzman, Genevieve (1 November 2011). "Five Big Myths About Coworking". Deskmag.
  8. ^ Fost, Dan (February 20, 2008). "Inspiration Strikes Only a Desk Away". The New York Times.
  9. ^ Fost, Dan (February 20, 2008). "They're Working on Their Own, Just Side by Side". The New York Times.
  10. ^ Clark, Jessica (October 1, 2007). "Coworkers of the World, Unite!". The American Prospect. from the original on 2011-08-10.
  11. ^ "CoWorking With Wisdom opens in Downtown Berkeley". The Daily Californian. July 19, 2018.
  12. ^ North, Anna (February 7, 2019). "The big, controversial business of The Wing, explained". Vox Media.
  13. ^ Kaysen, Ronda (December 23, 2016). "Co-Working Spaces Add a Perk for Parents: Child Care". The New York Times.
  14. ^ "Religious coworking spaces help faithful find community". Broadview. September 19, 2019.
  15. ^ Laura, Bliss (March 2018). "How WeWork Has Perfectly Captured the Millennial Id". The Atlantic.
  16. ^ "Number of digital nomads in the U.S. 2023". Statista. Retrieved 2024-04-04.
  17. ^ Furchgott, Roy (2023-05-31). "Why Are Remote Corporate Workers Having More Fun? Co-Working Spaces". The New York Times. ISSN 0362-4331. Retrieved 2023-12-22.
  18. ^ a b "What does the future look like for coworking in Asia Pacific?". JLL RealViews. 2018-06-21. Retrieved 2019-06-19.[permanent dead link]
  19. ^ Barry, Elizabeth (2017-11-15). "Businesses that embrace coworking spaces can cut costs by 25%". finder.com.au. Retrieved 2022-08-24.
  20. ^ Strauss, Karsten (February 2013). "The World's Top 4 Tech Capitals To Watch (after Silicon Valley and New York)". Forbes.
  21. ^ "The best co-working spaces in Hong Kong". Time Out Hong Kong. 2020-01-14. Retrieved 2024-04-04.
  22. ^ Lianne Chia (26 January 2017). . Channel NewsAsia. Archived from the original on 29 January 2018. Retrieved 27 May 2017.
  23. ^ . Is Penang Ready for the Coworking Movement?. Archived from the original on 2018-06-12. Retrieved 2018-06-07.
  24. ^ "'Repopulating' George Town via co-working, co-living spaces". The Edge. 18 April 2018. Retrieved 7 June 2018.
  25. ^ "First results of Global Coworking Survey". Deskmag Coworking. Retrieved 2019-06-19.
  26. ^ "Co-working spaces to grow 50% in 2017, says JLL India chief". Business Standard. Business Standard. July 20, 2017.
  27. ^ Pant, Shubhra (June 6, 2017). "Co-working spaces go premium". The Times of India.
  28. ^ Huwart, Jean-Yves (2016-09-15). "Coworking India Survey and Data 2016 - SocialWorkplaces.com". SocialWorkplace.com. Retrieved 2023-12-22.
  29. ^ Johanson, Simon (2019-07-02). "Co-working offices are a 'hospitality business'". The Sydney Morning Herald. Retrieved 2022-08-24.
  30. ^ Mahlberg, Tim. "Australian coworking spaces cater to a more diverse crowd than just young tech entrepreneurs". The Conversation. Retrieved 2019-02-07.
  31. ^ Cummins, Carolyn (2023-09-19). "Co-working office space is staging a comeback as demand rises". The Sydney Morning Herald. Retrieved 2024-04-16.
  32. ^ Sinha, Sanjeev. "Real Estate in India: Co-working space may be next growth driver". Financial Express. Retrieved 2018-02-16.
  33. ^ (PDF). Archived from the original (PDF) on 2022-12-24. Retrieved 2020-03-31.
  34. ^ "Is India Warming Up To The Idea Of Coworking Spaces?". November 5, 2019.
  35. ^ "Co-working startup Innov8 to double capacity in FY 2023-24". Financial Express. Retrieved 2024-04-16.
  36. ^ "Number of Coworking Spaces - 2017" (PDF).
  37. ^ "Le coworking : un peu d'histoire". Les Echos Solutions Business. June 8, 2018.
  38. ^ "Coworking in London: The Ultimate Guide". May 8, 2018.
  39. ^ "London's Camden reinvents itself as hub for emerging businesses", Financial Times (paywall).
  40. ^ . Archived from the original on 2013-10-14. Retrieved 2013-10-12.
  41. ^ "Infographic: Coworking Space Increasingly Important In Europe". Statista Daily Data. 2019-09-12. Retrieved 2023-12-22.
  42. ^ deskmag Will Coworking Spaces Be The New Classrooms?, 2013-01-30
  43. ^ Abate, Tom (2010-06-04). "Shared work spaces new resource for solo worker". San Francisco Chronicle.
  44. ^ Woodall, Angela (October 15, 2012). "Hometown Hero: Anca Mosoiu, founder of Oakland's Tech Liminal". The Oakland Tribune. Retrieved October 16, 2012.
  45. ^ Wile, Rob (23 February 2019). "Fast internet and free beer: Miami is now America's No. 1 city for co-working". Miami Herald. Retrieved 16 May 2019.
  46. ^ "Quest Workspaces Adds 45K SF To South Florida Footprint". Bisnow. Retrieved 2023-12-22.
  47. ^ Chavez, Jesus (November 9, 2010). "Coworking - You Could Work from Home but Don't Want To". The Seattle Times.
  48. ^ McEwan, Bob (April 11, 2009). "Co-working: a room not of their own". The Oregonian.
  49. ^ Dullroy, Joel (May 9, 2012). "Coworking in Portland". Deskmag.
  50. ^ "Coworking Toronto – Shaping the Future of Work in Toronto". coworkingtoronto.ca.
  51. ^ Carrie, Rengers (Nov 10, 2010). . The Wichita Eagle. Archived from the original on October 23, 2014. Retrieved March 7, 2012.
  52. ^ Kokoska, Natalie (2021-04-26). "Commonwealth + COhatch = Impactful, Local Investments". COhatch. Retrieved 2022-02-23.
  53. ^ RICCI, JAY. "Other People's Business: In a rut at work? It might be time to try coworking; New boutique on a mission to help women in domestic violence centers". Amarillo Globe-News. Retrieved 2022-01-30.
  54. ^ Jett, Tyler. "Two new startup accelerators to operate at Gravitate Coworking". Des Moines Register. Retrieved 2022-01-30.
  55. ^ "Indy Commons celebrates two years". Polk County Itemizer-Observer. Retrieved 2022-01-30.
  56. ^ Maxson, Erin. . COhatch - Indianapolis. Archived from the original on 2022-07-11. Retrieved 2022-07-11.
  57. ^ "Four reasons rural coworking spaces matter". Center on Rural Innovation. 2021-02-24. Retrieved 2022-01-30.
  58. ^ Zimmer, Amy (2 June 2015). . DNA Info. Archived from the original on 11 June 2015. Retrieved 9 June 2015.
  59. ^ Albrecht, Leslie (12 June 2015). . DNA Info. Archived from the original on 22 June 2015. Retrieved 20 June 2015.
  60. ^ "GREEN ACRE". New York Post. 2009-04-13. Retrieved 2017-09-22.
  61. ^ "Our platform focuses on expectant mothers –Lawal". Punch Newspapers. 2016-02-07. Retrieved 2022-03-28.
  62. ^ Shani, Serah (2021-10-11). "Indigenous Elites in Africa – The case of Kenya's Maasai". London: Routledge. pp. xi–xxx. doi:10.4324/9781003183990-1. ISBN 9781003183990. Retrieved 2022-03-28.
  63. ^ "Love your workspace, and you'll love your work more". www.theventurespark.com. Retrieved 2022-03-28.
  64. ^ "Ventures Park launches larger hub in Abuja for its expanding user base". TechCabal. 2021-09-21. Retrieved 2022-03-28.
  65. ^ Modise, Ephraim (2023-03-22). "How WomHub wants to facilitate female entrepreneurship in Cape Town". TechCabal. Retrieved 2023-12-22.
  66. ^ a b c Foertsch, Carsten (September 2, 2017). "The Members: Who Works in Coworking Spaces?". Deskmag. Retrieved September 4, 2023.

Further reading edit

  • DeGuzman, Genevieve V.; Tang, Andrew I. (August 2011). Working in the UnOffice: A Guide to Coworking for Indie Workers, Small Businesses, and Nonprofits. Night Owls Press. ISBN 978-1-937-64501-4.
  • Jones, Drew; Sundsted, Todd; Bacigalupo, Tony (2009-10-27). I'm Outta Here: how co-working is making the office obsolete. NotanMBA Press. ISBN 978-0982306703.
  • Schuermann, Mathias (2014-02-19). Coworking Space: A Potent Business Model for Plug 'n Play and Indie Workers. epubli GmbH.
  • Balcigalupo, Tony (2015). No More Sink Full of Mugs: Lighten Your Workload, Increase Participation, and Build Better Culture in Your Coworking Space (1st ed.). Tony Bacigalupo.
 
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January 01, 1970
coworking, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, september, 2023,. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Coworking news newspapers books scholar JSTOR September 2023 Learn how and when to remove this message Coworking is an arrangement in which workers for different companies share an office space It allows cost savings and convenience through the use of common infrastructures such as equipment utilities and receptionist and custodial services and in some cases refreshments and parcel acceptance services 1 It is attractive to independent contractors independent scientists remote workers digital nomads and people who travel frequently Additionally coworking helps workers avoid the feeling of social isolation they may experience while remote working or traveling 2 and eliminate distractions in home office Most coworking spaces charge membership dues Major companies that provide coworking space and serviced offices include WeWork IWG plc Industrious and Impact Hub A coworking space in Berlin Contents 1 Types 2 History 2 1 In Asia Pacific 2 2 In Europe 2 3 In North America 2 4 In Africa 3 Occupancy demographic in coworking spaces 3 1 Age of occupants 3 2 Gender of occupants 3 3 Area of work in occupants 4 See also 5 References 6 Further readingTypes editCoworking is not only about providing a physical place but also about establishing a community Its rapid growth has been seen as a possible way for city planners to address the decline of high street retail in urban centres 3 Its benefits can already be experienced outside of the physical spaces and it is recommended to start with building a coworking community first before considering opening a coworking place 4 However some coworking places have no community building they just get a part of an existing one by combining their opening with an event which attracts their target group 5 4 Coworking tends to fall into two sides Those that are real estate centric all about selling desks and offices first while others are community centric focused on building community that happens to also have offices or desks Players target freelance professionals remote workers and small to medium enterprises SMEs who need a space and seek a community with a collaborative spirit Customers also often benefit from professional services such as printing or incorporation or consulting 6 Coworking is distinct from business accelerators business incubators and executive suites 7 These spaces do not fit into the coworking model because they often miss the social collaborative and informal aspects of the process In coworking management practices are closer to that of a cooperative including a focus on community 8 rather than profit 9 Some coworking participants are also involved in an unconference such as BarCamp 10 Some coworking spaces are geared towards particular niches For example CoWorking With Wisdom in Berkeley California combines coworking with meditation mindfulness and yoga programs 11 The Wing was founded for the advancement of a certain type of woman 12 and Work and Play in South Orange New Jersey has onsite childcare for entrepreneurial parents 13 Coworking spaces with a religious aspect include Epiphany Space a Los Angeles space for artists and SketchPad a Chicago space for Jewish not for profit organizations 14 History edit nbsp Citizen Space in San Francisco Between 2006 and 2015 a few studies showed that the number of coworking spaces and available seats have roughly doubled each year Coworking was preceded by European hacker spaces of the 1990s where programmers would exchange skills and best practices 15 Some coworking places were developed by remote workers and entrepreneurs seeking an alternative to working in coffeehouses and cafes or to isolation in independent or home offices citation needed Another major factor that drives demand for coworking is the growing role of independent contractors digital nomads 16 and remote or hybrid employees 17 In Asia Pacific edit nbsp Toong s design in Hanoi is a blend of cultural features and modern details Coworking in Asia has become very popular as space is limited in regions like China Hong Kong India the Philippines Saudi Arabia Singapore Taiwan and Vietnam 18 The major metropolitan cities in each of these regions are every day coming up with new coworking ideas and spaces promoting emerging startups and business to adopt the trend Research from commercial brokerage firm JLL found that flexible work space in Asia Pacific including both serviced offices and coworking surged 150 from 2014 to 2017 18 In Pacific countries such as Australia and New Zealand coworking has been made popular as the prices of commercial spaces and bills rise with coworking being up to 25 cheaper for most freelancers and businesses 19 nbsp Coworking space in Makati the Philippines In Hong Kong for example dozens of coworking spaces have been set up to foster the rapidly growing startup community according to Forbes it is among the leading tech locations in the world along with New York City and Silicon Valley 20 Spread across almost all districts coworking places can be found everywhere while the majority of places are situated on Hong Kong Island and there predominantly in the Central and Sheung Wan districts 21 The Malaysian state of Penang long regarded as the Silicon Valley of the East has also witnessed an increase in coworking spaces 22 23 Aside from privately owned startups the Penang state government has embarked on a drive to convert colonial era buildings in the capital city of George Town into coworking spaces 24 As well as tech startups coworking is becoming increasingly common amongst digital nomads in Asia A 2011 survey found most coworkers are currently in their late twenties to late thirties with an average age of 34 years Two thirds are men one third are women Four in five coworkers started their career with a university education The majority of coworkers work in creative industries or new media Slightly more than half of all coworkers are freelancers 25 Coworking is popular in India 26 27 According to a 2017 report by real estate firm CBRE there are 350 shared office operators present in India spread across more than 800 locations Leasing activity by coworking and business center operators more than tripled on 2016 28 nbsp Coworking space in Melbourne Australia In Australia WeWork and Spaces are present challenging locally owned and operated companies Hub Australia is the largest privately owned Australian coworking operator 29 With many independent operators opening smaller specialist sites including in rural 30 and regional areas of the large country some larger providers have expanded nationwide with the distance between major cities an asset to both the coworking provider and the community 31 In India Coworking business is very popular in metro city as Tier 2 and Tier 3 Cities of India In India during 2017 and 2018 indicates a marked increase 32 While in 2017 the space leased was 1 9 million sq ft it increased more than two times to 3 9 million sq ft in 2018 India has the third largest startup ecosystem after China and the US with more than 5 200 startups 33 34 Now many major cities like Mumbai Hyderabad Bangalore Delhi Ahmedabad and Chennai have coworking spaces and they are increasing by the day due to the startups 35 In Europe edit nbsp Coworking space in Glasgow UK In 2017 Europe ranked third as a region in terms of the number of coworking spaces behind the United States 3 205 and Asia 3 975 36 France opened its first coworking space in 2008 La Cantine located in Paris 37 The U K is among weasel words the most responsive European country to the idea of collaborative working with a special focus on London In the city the Shoreditch area leads the coworking market not only for the large number of coworking places it offers but also for the variety of places that exist to fit the differing needs among start ups entrepreneurs and freelancers 38 Camden Collective is a regeneration project in London that re purposes previously vacant and underused properties that opened its first wire less wall less coworking space in 2009 39 In June 2013 the Government of the United Kingdom announced it would be applying coworking principles to a new pilot scheme for its One Public Sector Estate strategy covering 12 local authorities in England which will encourage councils to work with central government departments and other bodies so that staff share buildings This will enable the authorities to encourage collaboration as well as re use or release property and land deemed surplus to requirements cutting spending and freeing up land for local development 40 Estonia At the beginning of 2022 the Parnu Start Up Center coworking space opened in Parnu Their aim is to connect remote workers and small entrepreneurs who usually work in a cafe or at home offering them a comfortable business centre where they can work in peace and meet their clients Helping local business community to grow and make new contacts Believing in the power of community and collaboration and knowledge that together they can make the impossible possible The building Hommiku 5 was renovated and funded for digital professionals by Chi Keung Ivan Wong from Hong Kong citation needed Coworking is also common in continental Europe in places such as Stockholm and Brussels 41 Smaller urban areas with many young and creative people and especially College towns may offer coworking places Cooperation between coworking spaces and academic environments are focused 42 In North America edit Since Neuberg started the coworking movement in 2005 San Francisco continues to have a large presence in the coworking community and is home to a growing number of coworking spaces 43 Also in the Bay Area Anca Mosoiu established Tech Liminal in 2009 a coworking place in Oakland 44 The coworking model for office space is extremely popular in Miami In fact a 2018 study done by Yardi Matrix recognized Miami as the US city with most co working spaces per square foot 45 As of 2023 Florida is one of the fastest growing coworking markets 46 Coworking has also spread into many other metropolitan areas with cities such as Seattle Washington 47 Portland Oregon 48 49 Toronto 50 Wichita Kansas 51 and Columbus Ohio 52 now offering several coworking venues In recent years there has been an increase in the number of suburban and rural coworking spaces including Amarillo Texas 53 Des Moines Iowa 54 Independence Oregon 55 and Indianapolis Indiana 56 57 The New York coworking community has also been evolving rapidly in Regus and Rockefeller Group Business Center WeWork and other services have a large presence The demand for coworking in Brooklyn neighborhoods is high due to the increased number of millennials in the workforce nearly one in 10 workers in the Gowanus Brooklyn area are remote workers 58 The industrial area of Gowanus is seeing a surge in new startups that are redesigning old buildings into new coworking spaces 59 In Brooklyn in 2008 the first green focused coworking space in the US called Green Spaces was founded by Jennie Nevin and it expanded in 2009 to Manhattan and Denver and has been a driving force for green entrepreneurship through the collaboration of coworking 60 nbsp Hubs in Africa In Africa edit In 2011 Co Creation Hub was founded in Yaba Lagos by Bosun Tijani and Femi Longe it is often referred to as Cc Hub and it houses over 50 startups such as BudgIT GoMyWay Lifebank Findworka Autobox 61 IHub is also an innovation hub and incubator space for startups founded by Erik Hersman in 2010 iHub was a pioneering coworking space in Africa in 2019 Cc hub announces the acquisition 62 of IHub in Nairobi Kenya Ventures Park 63 was founded in 2016 in Abuja by Kola Aina Its an artsy space for freelancer entrepreneurs professionals and startups manage their operations and network They launched a Campus Co working space in University of Abuja known as Ventures Platform campus 64 In 2023 WomHub coworking space opened in Cape Town It is a female founded innovation center and coworking space designed to support women entrepreneurs in South Africa 65 Occupancy demographic in coworking spaces editAge of occupants edit The average age of members in coworking spaces is currently 36 years old increasing slightly from the previous year Freelancers and entrepreneurs with staff are the oldest members with an average age of 38 and 40 years respectively Meanwhile employees under the age of 30 make up 43 of the total workforce with an average age of 33 years In larger cities where the ratio of employees is higher the average age of members is lower at 34 5 years while smaller cities with populations of less than 100 000 have an average member age of 38 5 years 66 Gender of occupants edit Women represent an estimated 40 of workers in coworking spaces a figure that is thought to be increasing This rise is largely attributed to the growing number of employees working in coworking spaces in these spaces women represent a small majority of employees 46 of freelancers and 24 of employer positions Similar to trends outside of coworking spaces the share of female members drops particularly in the age group of 30 to 50 years after marriage due to child care This could also be influenced by the longer travel times women often face especially as employees when travelling to coworking spaces 66 Area of work in occupants edit Smaller coworking spaces largely house freelancers and as the spaces grow bigger they provide offices for companies or private individuals which causes a decline in the ratio of freelancers However the trend has stagnated lately and freelancers still make up 41 of coworking space members The dominating industries for coworkers are IT PR amp sales The survey also found that members are highly educated with around 85 having finished an academic education and the age group of over 50 year olds has a slightly lower percentage of university graduates Additionally freelancers are more likely to hold a university degree while employers are more likely to have a doctorate 66 See also editCoworker company Coworking space providers Hot desking Office sharing Outsourcing Collaboration SOHO ChinaReferences edit Babb Courtney Curtis Carey McLeod Sam 2018 10 02 The Rise of Shared Work Spaces A Disruption to Urban Planning Policy Urban Policy and Research 36 4 496 512 doi 10 1080 08111146 2018 1476230 hdl 20 500 11937 70106 ISSN 0811 1146 S2CID 158310238 Butler Kiera January 1 2008 Practical Values Works Well With Others Mother Jones Carder Paul Cowrking or coffee shops reinvigorating the town centre Work amp Place Journal a b Space Catalyst Getting Started Coworking wiki Foertsch Carsten 2010 09 01 7 tips for a successful co working space Deskmag Martin Pasquier The Future of Coworking coworking visas corporate partnerships and real estate specialists Innovation Is Everywhere Retrieved 2015 02 14 DeGuzman Genevieve 1 November 2011 Five Big Myths About Coworking Deskmag Fost Dan February 20 2008 Inspiration Strikes Only a Desk Away The New York Times Fost Dan February 20 2008 They re Working on Their Own Just Side by Side The New York Times Clark Jessica October 1 2007 Coworkers of the World Unite The American Prospect Archived from the original on 2011 08 10 CoWorking With Wisdom opens in Downtown Berkeley The Daily Californian July 19 2018 North Anna February 7 2019 The big controversial business of The Wing explained Vox Media Kaysen Ronda December 23 2016 Co Working Spaces Add a Perk for Parents Child Care The New York Times Religious coworking spaces help faithful find community Broadview September 19 2019 Laura Bliss March 2018 How WeWork Has Perfectly Captured the Millennial Id The Atlantic Number of digital nomads in the U S 2023 Statista Retrieved 2024 04 04 Furchgott Roy 2023 05 31 Why Are Remote Corporate Workers Having More Fun Co Working Spaces The New York Times ISSN 0362 4331 Retrieved 2023 12 22 a b What does the future look like for coworking in Asia Pacific JLL RealViews 2018 06 21 Retrieved 2019 06 19 permanent dead link Barry Elizabeth 2017 11 15 Businesses that embrace coworking spaces can cut costs by 25 finder com au Retrieved 2022 08 24 Strauss Karsten February 2013 The World s Top 4 Tech Capitals To Watch after Silicon Valley and New York Forbes The best co working spaces in Hong Kong Time Out Hong Kong 2020 01 14 Retrieved 2024 04 04 Lianne Chia 26 January 2017 A Silicon Valley of the East Penang s thriving start up community Channel NewsAsia Archived from the original on 29 January 2018 Retrieved 27 May 2017 Is Penang Ready for the Coworking Movement Is Penang Ready for the Coworking Movement Archived from the original on 2018 06 12 Retrieved 2018 06 07 Repopulating George Town via co working co living spaces The Edge 18 April 2018 Retrieved 7 June 2018 First results of Global Coworking Survey Deskmag Coworking Retrieved 2019 06 19 Co working spaces to grow 50 in 2017 says JLL India chief Business Standard Business Standard July 20 2017 Pant Shubhra June 6 2017 Co working spaces go premium The Times of India Huwart Jean Yves 2016 09 15 Coworking India Survey and Data 2016 SocialWorkplaces com SocialWorkplace com Retrieved 2023 12 22 Johanson Simon 2019 07 02 Co working offices are a hospitality business The Sydney Morning Herald Retrieved 2022 08 24 Mahlberg Tim Australian coworking spaces cater to a more diverse crowd than just young tech entrepreneurs The Conversation Retrieved 2019 02 07 Cummins Carolyn 2023 09 19 Co working office space is staging a comeback as demand rises The Sydney Morning Herald Retrieved 2024 04 16 Sinha Sanjeev Real Estate in India Co working space may be next growth driver Financial Express Retrieved 2018 02 16 55 PDF Archived from the original PDF on 2022 12 24 Retrieved 2020 03 31 Is India Warming Up To The Idea Of Coworking Spaces November 5 2019 Co working startup Innov8 to double capacity in FY 2023 24 Financial Express Retrieved 2024 04 16 Number of Coworking Spaces 2017 PDF Le coworking un peu d histoire Les Echos Solutions Business June 8 2018 Coworking in London The Ultimate Guide May 8 2018 London s Camden reinvents itself as hub for emerging businesses Financial Times paywall Insight UK Government announces details of One Public Sector Estate scheme Archived from the original on 2013 10 14 Retrieved 2013 10 12 Infographic Coworking Space Increasingly Important In Europe Statista Daily Data 2019 09 12 Retrieved 2023 12 22 deskmag Will Coworking Spaces Be The New Classrooms 2013 01 30 Abate Tom 2010 06 04 Shared work spaces new resource for solo worker San Francisco Chronicle Woodall Angela October 15 2012 Hometown Hero Anca Mosoiu founder of Oakland s Tech Liminal The Oakland Tribune Retrieved October 16 2012 Wile Rob 23 February 2019 Fast internet and free beer Miami is now America s No 1 city for co working Miami Herald Retrieved 16 May 2019 Quest Workspaces Adds 45K SF To South Florida Footprint Bisnow Retrieved 2023 12 22 Chavez Jesus November 9 2010 Coworking You Could Work from Home but Don t Want To The Seattle Times McEwan Bob April 11 2009 Co working a room not of their own The Oregonian Dullroy Joel May 9 2012 Coworking in Portland Deskmag Coworking Toronto Shaping the Future of Work in Toronto coworkingtoronto ca Carrie Rengers Nov 10 2010 Labor Party to open in Old Town for collaborative creative office space The Wichita Eagle Archived from the original on October 23 2014 Retrieved March 7 2012 Kokoska Natalie 2021 04 26 Commonwealth COhatch Impactful Local Investments COhatch Retrieved 2022 02 23 RICCI JAY Other People s Business In a rut at work It might be time to try coworking New boutique on a mission to help women in domestic violence centers Amarillo Globe News Retrieved 2022 01 30 Jett Tyler Two new startup accelerators to operate at Gravitate Coworking Des Moines Register Retrieved 2022 01 30 Indy Commons celebrates two years Polk County Itemizer Observer Retrieved 2022 01 30 Maxson Erin Home COhatch Indianapolis Archived from the original on 2022 07 11 Retrieved 2022 07 11 Four reasons rural coworking spaces matter Center on Rural Innovation 2021 02 24 Retrieved 2022 01 30 Zimmer Amy 2 June 2015 MAP See the Most Popular Neighborhoods for Working From Home DNA Info Archived from the original on 11 June 2015 Retrieved 9 June 2015 Albrecht Leslie 12 June 2015 Co Working Spaces Booming in Gowanus as More Workers Shun Offices DNA Info Archived from the original on 22 June 2015 Retrieved 20 June 2015 GREEN ACRE New York Post 2009 04 13 Retrieved 2017 09 22 Our platform focuses on expectant mothers Lawal Punch Newspapers 2016 02 07 Retrieved 2022 03 28 Shani Serah 2021 10 11 Indigenous Elites in Africa The case of Kenya s Maasai London Routledge pp xi xxx doi 10 4324 9781003183990 1 ISBN 9781003183990 Retrieved 2022 03 28 Love your workspace and you ll love your work more www theventurespark com Retrieved 2022 03 28 Ventures Park launches larger hub in Abuja for its expanding user base TechCabal 2021 09 21 Retrieved 2022 03 28 Modise Ephraim 2023 03 22 How WomHub wants to facilitate female entrepreneurship in Cape Town TechCabal Retrieved 2023 12 22 a b c Foertsch Carsten September 2 2017 The Members Who Works in Coworking Spaces Deskmag Retrieved September 4 2023 Further reading editDeGuzman Genevieve V Tang Andrew I August 2011 Working in the UnOffice A Guide to Coworking for Indie Workers Small Businesses and Nonprofits Night Owls Press ISBN 978 1 937 64501 4 Jones Drew Sundsted Todd Bacigalupo Tony 2009 10 27 I m Outta Here how co working is making the office obsolete NotanMBA Press ISBN 978 0982306703 Schuermann Mathias 2014 02 19 Coworking Space A Potent Business Model for Plug n Play and Indie Workers epubli GmbH Balcigalupo Tony 2015 No More Sink Full of Mugs Lighten Your Workload Increase Participation and Build Better Culture in Your Coworking Space 1st ed Tony Bacigalupo nbsp Wikimedia Commons has media related to Coworking space Retrieved from https en wikipedia org w index php title Coworking amp oldid 1222714731, wikipedia, wiki, book, books, library,

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