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Multifactory: An Emerging Environment for a New Entrepreneurship

Multifactory: An Emerging Environment for a New Entrepreneurship
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Author(s): Giulio Focardi (Osun WES, Italy)and Lorenza Salati (Osun WES, Italy)
Copyright: 2016
Pages: 15
Source title: Handbook of Research on Entrepreneurship in the Contemporary Knowledge-Based Global Economy
Source Author(s)/Editor(s): Neeta Baporikar (University of Pune, India)
DOI: 10.4018/978-1-4666-8798-1.ch006

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Abstract

A Multifactory is a collaborative working environment, which helps its members to grow as entrepreneurs and to innovate as there is a constant exchange between members, and they share experiences and knowledge. A Multifactory is a self-regulated system, where few norms rule relationships between entrepreneurs and innovation comes from everyday interaction between members, which are independent under any aspect, but on occasion can act as if they were parts of a single huge company. Multifactories proved to be places that help a new generation of entrepreneurs to grow, as they count on immaterial assets and shared resources to develop their companies.

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