2016
DOI: 10.4018/ijegr.2016040104
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What is the Source of Smart City Value?

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 en… Show more

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Cited by 22 publications
(13 citation statements)
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References 33 publications
(31 reference statements)
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“…Smart urbanisation provides not only added value to firms in the form of social capital as an internal adhesive for the creation of the organisational culture or an external relationship agent, but also affect the development of the products and services, raising the quality, focusing on the societal needs, and increasing employability and the growth of incomes (e.g. lower energy costs) of society and companies (Anthopoulos, Fitsilis & Ziozias, 2016).…”
Section: Data Processing and Research Findingsmentioning
confidence: 99%
“…Smart urbanisation provides not only added value to firms in the form of social capital as an internal adhesive for the creation of the organisational culture or an external relationship agent, but also affect the development of the products and services, raising the quality, focusing on the societal needs, and increasing employability and the growth of incomes (e.g. lower energy costs) of society and companies (Anthopoulos, Fitsilis & Ziozias, 2016).…”
Section: Data Processing and Research Findingsmentioning
confidence: 99%
“…Extended version of business model canvas [80][81][82][83] Business model canvas [82,83] Service-dominant business model radar [11] Expanded business model matrix [35,[84][85][86] Other [54,87,88] The most cited document from papers in literature collection #2 is the standard for business model generation, which presents five business model patterns, including the multi-sided platforms. Multi-sided platforms bring together two or more interdependent groups of customers and are of value to one group of customers only if the other groups of customers are also present [13].…”
Section: Type Referencesmentioning
confidence: 99%
“…Authors and Year Development of a specific framework for the analysis of business models in smart cities [20][21][22][23][24][25][26] Prospective discussion of possible business models that will operate in smart cities [8,[17][18][19][27][28][29][30][31][32][33] Analysis of existing project business models applicable to smart cities [34][35][36][37][38][39][40] 2.1.…”
Section: Research Topicmentioning
confidence: 99%