Journal ArticleDOI
What is the Source of Smart City Value?: A Business Model Analysis
Leonidas Anthopoulos,Panos Fitsilis,Christos Ziozias +2 more
- Vol. 12, Iss: 2, pp 56-76
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TLDR
It is demonstrated that business models that are followed in practice by smart cities are different to the ones suggested in literature and the decision making processes that were followed showed that the optimal choice is the ownership business model group and from its contents preferred the Open Business Model OBM.Abstract:
Smart cities have attracted an increasing international scientific and business attention and an enormous niche market is being evolved, which engages almost all the business sectors. Being engaged in the smart city market is not free-of-charge and corresponding investments are extensive, while they usually concern innovation development and always demand careful planning. However, until today it is not clear how the smart city creates value to its stakeholders or simply how profit is being created. To this end, this paper performs an investigation on the smart city business models and utilizes decision making process with the contribution of smart city experts in order to conclude on the most appropriate one. This paper's findings demonstrate that business models that are followed in practice by smart cities are different to the ones suggested in literature. Moreover, the decision making processes that were followed showed that the optimal choice is the ownership business model group and from its contents preferred the Open Business Model OBM, with the Municipal-Owned-Development MOD as an alternative option.read more
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Journal ArticleDOI
Smart innovative cities: The impact of Smart City policies on urban innovation
Andrea Caragliu,Chiara Del Bo +1 more
TL;DR: In this article, the authors look at the urban innovation impact of smart city policies and find that cities engaging in Smart City policies above the EU average also tend to patent more intensively.
Journal ArticleDOI
Smart utopia VS smart reality: Learning by experience from 10 smart city cases
TL;DR: In this article, the authors perform an analysis of 10 representative international city cases that claim to be smart and depict a brief view of the future smart city. The analysis is based on a multi-method that combines literature evidence, official websites and reports, narrative city walks, and interviews with corresponding officials.
Journal ArticleDOI
Business model analysis of public services operating in the smart city ecosystem: The case of SmartSantander
TL;DR: It is highlighted that those public services properly managed embedding IoT technology convey cost reductions in the long term and there is also a reduction in energy consumption and environmental impact with the consequent social impact.
Book ChapterDOI
Funding a Smart City: From Concept to Actuality
TL;DR: In this article, the authors examine the complex process of identifying, pursuing, and securing funding for a Smart City program, and offer tools and considerations to help advance Smart City concepts to actuality.
References
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Journal ArticleDOI
Business Models for Electronic Markets
TL;DR: This article provides a framework for the classification of Internet electronic commerce business models, developed on the basis of current commercial Internet business and experimental work in European R&D programmes.
Proceedings ArticleDOI
Understanding Smart Cities: An Integrative Framework
Hafedh Chourabi,Taewoo Nam,Shawn Walker,J. Ramon Gil-Garcia,Sehl Mellouli,Karine Nahon,Theresa A. Pardo,Hans Jochen Scholl +7 more
TL;DR: Eight critical factors are identified that form the basis of an integrative framework that can be used to examine how local governments are envisioning smart city initiatives and suggest directions and agendas for smart city research and outlines practical implications for government professionals.
Book
Business Model Generation
TL;DR: Buku ini merupakan panduan untuk para visioner, penggerak perubahan, and pendobrak ying berjuang menantang model bisnis ying sudah ketinggalan zaman and mendesain perusahaan masa depan as mentioned in this paper.
Journal ArticleDOI
The real-time city? Big data and smart urbanism
TL;DR: In this article, the authors focus on the implications of big data and smart urbanism, examining five emerging concerns: the politics of big urban data, technocratic governance and city development, corporatisation of city governance and technological lock-ins, buggy, brittle and hackable cities, and the panoptic city.
Journal ArticleDOI
An Information Framework for Creating a Smart City Through Internet of Things
TL;DR: A framework for the realization of smart cities through the Internet of Things (IoT), which encompasses the complete urban information system, from the sensory level and networking support structure through to data management and Cloud-based integration of respective systems and services, and forms a transformational part of the existing cyber-physical system.