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The Role of Information Management in the Corporate Development and Controlling of the Smart Cities

Author

Listed:
  • László Attila Csapó
  • Márton Czikkely
  • Péter Földi

Abstract

"Today the development is so fast that if someone declares that 'this is impossible', the other person interrupts, and says 'we have already solved it'" (Einstein, 1949). The above quote, although it is already several decades old, perfectly fits today as well. Krauth (2008) draws attention to how quickly the use of Internet services extends to the field of human policy works (e.g. recruitment, payroll). The widespread use of the Internet as well as the subsequent, explosive development accelerated the processes, which resulted in a development of incredible speed in the world of information technology. More and more amount of information is generated in our daily lives. But what exactly is the information? How does the the information management work at the companies of the smart cities? Do we really properly use the large quantities of generated information? Do the controlling systems of the companies keep pace with the technology as well? Our study seeks the answer to these questions.

Suggested Citation

  • László Attila Csapó & Márton Czikkely & Péter Földi, 2018. "The Role of Information Management in the Corporate Development and Controlling of the Smart Cities," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 21(69), pages 73-92, September.
    • Handle: RePEc:rej:journl:v:21:y:2018:i:69:p:73-92
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    References listed on IDEAS

    as
    1. Simon, Herbert A, 1979. "Rational Decision Making in Business Organizations," American Economic Review, American Economic Association, vol. 69(4), pages 493-513, September.
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    More about this item

    Keywords

    Smart city; corporate development; IT; Management; controlling;
    All these keywords.

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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