What is Coworking?

Many of you might have noticed that coworking is not registered as a word on Microsoft Word. The reason behind it is that it is a very new word and concept developed by Brad Neuberg in 2005. Coworking is defined as the use of an office or other working environment by people who are self-employed or working for different employers, typically so as to share equipment, ideas, and knowledge. Since 2005, number of coworking spaces in America alone has increased from 1 to 781 as of 2014. The idea of coworking is proven and has been a new trend in cities and countries worldwide.