| Title | Smart cities from low cost to expensive solutions under an optimal analysis |
|---|---|
| ID_Doc | 39411 |
| Authors | Ionescu, RV; Zlati, ML; Antohi, VM |
| Title | Smart cities from low cost to expensive solutions under an optimal analysis |
| Year | 2023 |
| Published | Financial Innovation, 9, 1 |
| Abstract | This scientific approach mainly aims to develop a smart city/smart community concept to objectively evaluate the progress of these organizational forms in relation to other classical/traditional forms of city organizations. The elaborated model allowed the construction of the dashboard of access actions in the smart city/smart community category on two levels of financial effort correlated with the effect on the sustainable development of smart cities. The validity of the proposed model and our approach was supported by the complex statistical analysis performed in this study. The research concluded that low-cost solutions are the most effective in supporting smart urban development. They should be followed by the other category of solutions, which implies more significant financial and managerial efforts as well as a higher rate of welfare growth for urban citizens. The main outcomes of this research include modelling solutions related to smart city development at a low-cost level and identifying the sensitivity elements that maximize the growth function. The implications of this research are to provide viable alternatives based on smart city development opportunities with medium and long-term effects on urban communities, economic sustainability, and translation into urban development rates. This study's results are useful for all administrations ready for change that want the rapid implementation of the measures with beneficial effects on the community or which, through a strategic vision, aim to connect to the European objectives of sustainable growth and social welfare for citizens. Practically, this study is a tool for defining and implementing smart public policies at the urban level. |
| https://jfin-swufe.springeropen.com/counter/pdf/10.1186/s40854-023-00448-8 |
Similar Articles
| ID | Score | Article |
|---|---|---|
45273
|
Kalenyuk, I; Tsymbal, L; Uninets, I Smart-City Development Management: Goals and Instruments(2022)International Journal Of Computer Science And Network Security, 22, 1 | |
| 45512
|
Popova, Y Economic or financial substantiation for smart city solutions: a literature study(2020)Economic Annals-Xxi, 183, 5-6 | |
| 44842
|
Dameri, RP; Rosenthal-Sabroux, C Smart City and Value Creation(2014) | |
| 45255
|
Srok, A; Antonic, JJ; Borkovic, M Being an Efficient Smart City in Croatia: The View of Citizens(2022)Lex Localis-Journal Of Local Self-Government, 20, 4 | |
| 39178
|
Kopackova, H; Libalova, P The Rise Of Smart Cities - Result Of Global Problems Or Technology Challenge?(2017) | |
| 35875
|
Basiri, M; Azim, AZ; Farrokhi, M Smart City Solution for Sustainable Urban Development(2017)European Journal Of Sustainable Development, 6, 1 | |
| 41226
|
Brzezinski, L; Wyrwicka, MK Fundamental Directions of the Development of the Smart Cities Concept and Solutions in Poland(2022)Energies, 15, 21 | |
| 38995
|
Milanovic Glavan, L; Svekric, D Usage Of Smart Solutions And Development Of Smart Cities: Case Study Of Velika Gorica(2022) | |
| 45339
|
Pourahmad, A; Ziari, K; Hataminejad, H; Pashabadi, SP Explanation of Concept and Features of a Smart City(2018)Bagh-E Nazar, 15, 58 | |
| 45357
|
Greco, I; Cresta, A A Smart Planning for Smart City: The Concept of Smart City as an Opportunity to Re-think the Planning Models of the Contemporary City(2015) |