Research highlights how innovation hubs support jobs and enterprise in the local economy

As this recent report from Australia shows, shared enterprise spaces work! They work for a broad range of people and outside urban areas support the people already in business or thinking of starting up.

…coworking spaces are emerging on city fringes (7%) and in our regional towns (15%). These spaces focus on supporting local employment opportunities and bringing businesses together for economic development.

Coworking spaces are themselves an enterprise.

Around 75% of coworking spaces in Australia are owned and run as private businesses. The majority of these (54%) are run as a separate business, for profit, under private ownership.

Valued by people with different needs.

The diversity of coworking spaces we found in this study means that these spaces can cater to a variety of workers, allowing them to collaborate with other interesting businesses and professionals from all walks of life.