Coworking : the Platform for the New Economy

Coworking will fundamentally structure employment, economic development and community capacity in the coming decade. In fact, it already is, as economic pressures, social change and advances and innovations in technology move a once static work force into the dynamism of the independent.  Widespread, wholesale institutional change is occurring as the stability of our global economies falter and we become more secure in smaller, independent but collaborative working communities or networks.


The Job is Dying – The rise of the Independent Workforce

As workers move into the independent work force they need to aggregate, they need to collaborate, they need to network & build community in order to enjoy any economies of scale and real, solid success. Independent workers need place and space to do this. They need a physical space which offers that opportunity to share resources but also to share and build ideas and to draw resources from each other. They also need new knowledge and practical experience.  All of this comes with coworking.

The Quest for a New Corporate Contract and for New Corporate Values

The recent collapse of several global economies and the associated financial crises, have generated a genuine and valid loss of trust in many of our traditional institutions.  For many independent workers, the choice to leave the traditional corporate structure was based on this loss of trust and their move into coworking communities serves to re-establish it.

The sense of working for purpose and for the benefit of a good greater than solely your own is attainable in the network model created via coworking.

Innovation Clusters & Network Models

A strong community or network of independent workers, gathered within a coworking space, sharing resources, capital, technology and ideas begin to innovate. They do this rapidly and they innovate in a manner that is often agile and inexpensive.  As the network grows, so does innovation,  and progress continues; delivering economic benefits to the entire community.

Interconnection & Renewal of Small Local Economies

Coworking provides the opportunity for independent small business owners to remain working in their local communities while connected to a larger pool of knowledge and business resources. The result of many small businesses operating in their local economy is direct re- investment in the community  and  community infrastructure.


2 responses to “Coworking : the Platform for the New Economy

  1. Pingback: If you are over 50 and lost your job – there may never be another one – so what are you gong to do? | Queen Street Commons

  2. I moved from Calgary to Nowhere, New Brunswick in June 2010 and work on highly lucrative IT contracts remotely from home. It’s the best thing in the world. People can co-work if they like working with other people as well, in my case I enjoy solitude which I need to program.

    There are some many IT jobs so people can retrain for high tech jobs. So many older folks are trying to find the same job they had, and they have so much fear and self-doubt about being able to learn new things. We all need to be more entrepreneurial and independent minded.

    Years ago after I got laid off my first engineering job (with a Master’s degree to boot) I read a lot of books about industry, and specifically my favorite is Live Rich by Stephen Pollan. He described the destruction of the employer-employee ‘contract’ (if there ever was one) and how to become a mercenary (like the ones who got paid to fight wars for either side) and look out for yourself. It’s the best thing I ever did on so many levels and I have the freedom to live anywhere in the world.