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Scientific Article details

Title Intellectual Capital of Smart Cities as Objects for Institutional Modeling
ID_Doc 43561
Authors Popov, E; Kortov, S; Semyachkov, K
Title Intellectual Capital of Smart Cities as Objects for Institutional Modeling
Year 2019
Published
DOI
Abstract The aim of the article is to develop the principles of institutional modeling of intellectual capital of smart cities in the conditions of digitalization. The paper identifies main features and analyzes the conditions for effective functioning of smart cities. Among basic components considered in the formation of smart cities, such components as smart urban environment, transport and ecology, human capital are highlighted. Based on the theoretical review, the model of intellectual capital of smart cities is presented. The paper emphasizes that digital technologies currently occupy a special place in the development of smart cities and the formation of their intellectual capital, while the main resource for incrementing the intellectual capital of cities in a digital society is "big data". The paper systematizes main areas of introduction of digital technologies, identifies main risks and presents some principles of institutional modeling in order to increase the intellectual capital of cities. It is shown that hierarchy and specification of projects for the introduction of digital technologies increase amount of intellectual capital of smart cities. This research proposed the model for evaluating innovations aimed at increasing the level of intellectual development of cities in the conditions of digitalization. This model was tested by formation of "smart local government" in Yekaterinburg city. As a result, the stages of improving management efficiency were determined, the list of services contributing to management efficiency was determined, the dominant effects of their implementation were systematized, among which are the reduction in transaction costs, the decrease in the level of opportunism of economic agents.
Author Keywords intellectual capital; smart city; digital economy; institutional modeling
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Conference Proceedings Citation Index - Social Science & Humanities (CPCI-SSH)
EID WOS:000476903000025
WoS Category Business; Economics; Management
Research Area Business & Economics
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