What are the benefits of Living Labs?
May 28, 2024 / 3:46 PM
Living Labs bring a range of benefits to urban development, innovation and business activities. One of the main benefits is the promotion of innovation, as they provide a platform for testing and validating new ideas and technologies in a real-world environment. This enables faster adoption of new technologies. Another significant benefit is economic growth. Living Labs accelerate the development and dissemination of innovations, speeding up their market introduction. Thanks to feedback and analysis of market potential, innovations can also penetrate the international environment.
Living Labs also support social innovation as they can be used to develop solutions to social issues and improve quality of life. Another important aspect is the involvement of citizens, who can actively participate in the development of new products and services and thus influence their implementation. This strengthens the link between technological progress and the real needs of citizens.
