> [!NOTE]+ Meta Babasile Daniel Oladele-Emmanuel > Author:: > Reference:: https://www.researchgate.net/publication/297601800_Impact_of_the_FabLab_Ecosystem_in_the_Sustainable_Value_Creation_Process > Date:: 2024 > Tags:: #warp > WeftLinks:: [[Economic value of craft]] > Claim:: [[Claim - Craft promotes local development]] > [!SUMMARY] Summary > The new generation of FabLabs facilitate those with craft skills to work with SMEs. ### Highlights The FabLab initiative is a global movement that provides workshops equipped with tools for creative and innovative production, promoting sustainable value creation. It empowers individuals to design and fabricate their own products, fostering collaboration and knowledge sharing among users. Despite its success, challenges like lack of formal structure and communication hinder its full effectiveness. > FabLab signifies fabrication laboratory, it is a small-scale workshop equipped with flexible computer controlled tools and systems for the production of digital fabrications of widely distributed products, which are used to encourage creativity and innovation among individuals irrespective of their anthropological status. > The FabLab workshop is opened to people looking for practical training, tinkerers, inventors, crafters, children and youth, community groups, adults, women, small medium enterprises (SME’s), innovation teams, researchers, students, and so on.