Business Models Used in Smart Cities—Theoretical Approach with Examples of Smart Cities

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F24%3A00002805" target="_blank" >RIV/75081431:_____/24:00002805 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/2624-6511/7/4/65" target="_blank" >https://www.mdpi.com/2624-6511/7/4/65</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Business Models Used in Smart Cities—Theoretical Approach with Examples of Smart Cities

Original language description

This paper examines business model implementations in three leading European smart cities: London, Amsterdam, and Berlin. Through a systematic literature review and comparative analysis, the study identifies and analyzes various business models employed in these urban contexts. The findings reveal a diverse array of models, including public–private partnerships, build–operate–transfer arrangements, performance-based contracts, community-centric models, innovation hubs, revenue-sharing models, outcome-based financing, and asset monetization strategies. Each city leverages a unique combination of these models to address its specific urban challenges and priorities. The study highlights the role of PPPs in large-scale infrastructure projects, BOT arrangements in transportation solutions, and performance-based contracts in driving efficiency and accountability. It also explores the benefits of community-centric models, innovation hubs, revenue-sharing models, outcome-based financing, and asset monetization strategies in enhancing the sustainability, efficiency, and livability of smart cities. The paper offers valuable insights for policymakers, urban planners, and researchers seeking to advance smart city development worldwide.

Czech name

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Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

20200 - Electrical engineering, Electronic engineering, Information engineering

Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2024

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Smart Cities

ISSN

2624-6511

e-ISSN

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Volume of the periodical

7

Issue of the periodical within the volume

4

Country of publishing house

CH - SWITZERLAND

Number of pages

44

Pages from-to

1626-1669

UT code for WoS article

001304765900001

EID of the result in the Scopus database

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