Collaboration in Coworking Spaces: Impact on Firm Innovativeness and Business Models
M.Moore

TL;DR
This study empirically demonstrates that collaboration in coworking spaces enhances firm innovativeness and significantly influences business model development, highlighting the strategic importance of partnerships in such environments.
Contribution
It provides the first empirical evidence on how collaboration in coworking spaces impacts firm innovativeness and business models at the organizational level.
Findings
Collaboration positively correlates with increased innovation capabilities.
Business models are significantly affected by collaboration levels.
Coworking fosters strategic partnerships that enhance firm development.
Abstract
Purpose: The purpose of this paper is to contribute to the debate as to whether collaboration in coworking spaces contributes to firm innovativeness and impacts the business models of organizations in a positive manner. Methodology: This paper includes primary data from 75 organizations in 17 coworking spaces and uses quantitative research methods. The methodology includes multiple statistical methods, such as principal component analysis, correlation analysis as well as linear and binary regression analysis. Results: The results show a positive interrelation between collaboration and innovation, indicating that coworkers are able to improve their innovative capabilities by making use of strategic partnerships in coworking spaces. Further, this study shows that business models are significantly affected by the level of collaboration in coworking spaces, which suggests that coworking…
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Taxonomy
TopicsFacilities and Workplace Management
