Role of smart cities for economic development. The main factors that characterise smart cities are analysed, including innovation, The findings not only reveal the causal complexity of constructing smart cities to achieve urban sustainability, but also develop a taxonomy of smart city Explore smart cities: digital transformation, job creation, economic growth, and building sustainable, efficient urban environments. Therefore, in this paper we highlight the role of the Smart Economy dimension in smart city development and show how it is measured and evaluated in different assessment tools. The report tracks the efforts of the G20 Global Smart Cities Alliance, which seeks to advance the Seventeen United Nations Development Goals (UN SDG) focus on peace and prosperity for people and the planet. By creating more efficient, sustainable, and attractive urban environments, Smart cities should reduce energy costs, enhance safety, create cleaner environments and shorten commutes. Realizing the need to cope up with these challenges, strong initiatives Smart cities add digital intelligence to existing urban systems, making it possible to do more with less. A key indicator of a city’s economic development is productivity growth, which is directly related to investments in digital infrastructure. One thing is clear, cities across the world play a critical role in driving sustainable development. Smart cities can help in achieving UN SDG. By However, the chapter shows that economic development can be expanded with an integration of Smart City technologies and finance partnerships that are set up to enable strong By integrating information and communication technologies (ICT) into city infrastructure and services, smart cities offer unprecedented opportunities for economic growth, job creation, and This is the first report by the World Economic Forum on the state of technology governance in cities. Connected applications put real-time, transparent information into the hands of users to help them The popularity of city management and development has increased. They should enable healthy Building upon the perspective of the innovation ecosystems, this study focuses on the impact of smart living dimensions and R&D investments on the localization of female entrepreneurial Ultimately, this paper highlights the critical role of policy in shaping smart cities as engines of sustainable economic transformation in the 21st century. Some of the underlying causes include technological innovation and a global push to promote smart city ideas and their use on a With the way economies work, technological development or benefits to citizens might not be enough to sustain the continuous advancement of smart cities if . 1PwC/World Economic Forum, Circular Economy in Cities: Evolving the model for a sustainable urban future, 2018 The development of smart cities around the world is gathering pace, with the total value The economics behind smart cities: investment strategies, smart city benefits, and how the digital economy is shaping future urban development. By integrating these factors, an SSCs development model characterizes cities' economic performance under various national strategies, promoting innovative development and Smart city initiatives are no longer just about technological advancement; they are powerful engines of economic development. The chapter deals with the development of smart cities as a model of digital innovation for urban development. The terms smart city, smart cities, and sustainability emerged as the top three co-occurring keywords with the highest link strength, followed by frequently co-occurring keywords such as AI, innovation, With 45% of the world's population already living in urban areas, here's how integrated smart cities can create a more sustainable and connected world. Globally, cities are under enormous pressure due to burgeoning population growth, stranded economic reforms, and climatic distress. This research carries out a comprehensive Smart city applications manage urban flows and allow for real-time responses. However, much of the discussion has been dominated from the technological dimension mainly due to the initial lead role By providing insights into the spatial and socio-economic underpinnings of smart city development, the study contributes to the understanding of the geographies of smart cities. However, cities today face numerous vulnerabilities and threats. [16] A smart city may be more prepared to respond to challenges than one with a conventional "transactional" relationship Disclaimer The designations employed and the presentation of material in this publication do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations Smart cities are at the interface between social and technological dimensions.


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