Leveraging innovation spaces to foster collaborative innovation

Companies increasingly seek to foster collaborative innovation through the design of innovation spaces such as incubators, accelerators, studios, and fab labs. Innovation spaces bring together multiple actors for collaborative practices to generate new products and processes. Despite their growing popularity, many innovation spaces fail to deliver on their promises and are subsequently shut down. How can innovation spaces foster effective collaborative innovation? This article illustrates the role of space and boundary objects to facilitate collaborative innovation. Based on illustrative examples from the context of business studios, the findings show that innovation spaces enable the four affordances of convergence, generativity, socialization, and collaborative learning. Managers who design and run innovation spaces need to leverage these affordances to propel collaborative innovation.