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COWORKING SPACES: THREAT OR OPPORTUNITY TO FACE CRISIS SITUATIONS
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1  Autonomous University of Madrid; Faculty of Economics and Business Administration

Abstract:

The working environment before COVID19 pandemic was influenced by the concepts of flexibility and sharing resources. Coworking is one of this type of new working styles by offering flexibility, a space for sharing resources and a community. A place where, individual workers such as entrepreneurs, freelancers and microbusinesses did not feel alone and could find support. Urban workspaces appeared in the wake of the Great Recession of 2007-2009. The financial crisis left empty commercial offices in U.S. cities due to downsizing, bankruptcy and foreclosure, increasing the number of workers who needed a more flexible workspace. Subsequently, the emphasis shifted to the practice of new business activities with the construction of the "new economy". In addition to that, there is a growing tendency to collaborate towards the consumption of goods and services over the Internet. This virtual space allows the establishment of business models that do not require the purchase of expensive and technically complex goods or services thanks to the concept of shared use. In fact, with the current pandemic several companies changed their onsite business activities to work from home to maintain social distancing and avoid contagions, in other words, they continue their business in a safer environment. Nevertheless, worldwide reports show the difficulties to work at home and achieve a work-family and personal life balance. In addition, lack of social interaction and sedentary work patterns have also resulted in physical health-related problems, including an increasement of stress levels. Thus, the role of coworking spaces is under analysis. It could be considered a savior to face the new normal and contribute to a safer occupational environment. In this research, an in-depth analysis of the role of those working places to face crisis situations will be done based on the revision of the literature, measurements taken by working places and perceptions of workers. Some recommendations to businesses and workers will be provided.

Keywords: coworking. occupational health, shared spaces, crisis times
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