| Abstract |
This article promotes existing theoretical research, focusing on the time-varying effects of a smart city, in the face of growing global competition for digital ecosystems. The findings show that the timely introduction of digital ecosystems can significantly affect various parameters of the quality of life such as safety, time and convenience, health, environmental quality, social connection and civic participation, jobs and cost of living. Smart solutions are becoming an effective tool for the long-term innovation of cities around the world. On the other hand, the existing old infrastructure is a natural brake on the development of cities and is no longer able to provide the modern pace of development on the basis of new digital principles. It is important to note that, for the development of a smart city, it is necessary to unite all efforts, within the framework of partnership and collaboration of business, authorities, citizens and technology companies. The author of the article assumes that when assessing the effectiveness of incentives, two aspects of resource provision should be taken into account - financial and human. Analyzing the best practices and strategies, the work highlights priority areas for the development of modern digital ecosystems for smart cities, based on which municipal authorities can continue their effective development on the way to building a smart city. Thus, the work contributes to the existing discussion about the directions of development of smart cities. |