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Hong Kong ‘co-creation’ space will help I&T talent live, work and play – and collaborate

  • The 17-storey InnoCell, which offers shared living and working space for like-minded tenants, will open in July at Hong Kong Science Park
  • Hong Kong Science and Technology Parks Corporation hopes the building will offer an environment where people generate ideas and concepts together

Paid Post:Hong Kong Science and Technology Parks Corporation
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The design of InnoCell’s co-creation environment reflects how today’s young working professionals are embracing a more flexible lifestyle.

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Digital technological advances have helped to drastically transform the way we work, with an increasing focus on flexibility and connectivity.

The early 2000s saw the emergence of the concept of “co-working” to describe flexible working spaces where staff from different companies can work alongside one another. Enhanced communication tools mean employees no longer need to work in one fixed location.

The first formal co-working space, founded by San Francisco entrepreneur Brad Neuman in 2005, emphasised collaboration – and especially co-creation in particular – as key to its success. Since then, the number of co-working spaces worldwide has surged – reaching nearly 20,000 last year, the Global Coworking Growth Study 2020 reported. The upward trend is expected to continue.

Younger, tech-savvy generations are increasingly embracing the sharing economy – a system where possessions and services are divided up between people, either for free or for a fee, normally through the use of the internet – which has given birth to the concept of co-living spaces, where like-minded, fledging professionals and budding entrepreneurs can live, work and build networks together.

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This new notion meets the needs of young professionals who often struggle to find affordable accommodation in major cities, prefer the convenience of flexible leases and want a place where they can form a community, JLL, the commercial property services company, reported.

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