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A Review of the Literature on Smart Development: Lessons for Small Municipalities

Author

Listed:
  • Viktorija ipilova

    (The Institute of Humanities and Social Sciences, Daugavpils University, Latvia,)

  • Inta Ostrovska

    (The Institute of Humanities and Social Sciences, Daugavpils University, Latvia,)

  • Ludmila Aleksejeva

    (Department of Economics and Sociology, Daugavpils University, Latvia,)

  • Elita Jermolajeva

    (Latvian Academy of Agricultural and Forestry Sciences, Latvia,)

  • Dmitrijs Olehnovics

    (Department of History, Daugavpils University, Latvia.)

Abstract

Nowadays, scientists and practitioners unify modern regional development under the term smart, what brings technologies and creation of a new knowledge in a front of economic activities. Small municipalities as participants of the process have been studied seldom. Moreover, a huge part of the literature on smart development mostly pays attention to such key elements, which have limited capabilities in small municipalities (e.g. development of high technologies, patent activities, sustainability etc.). Thus, involvement of small municipalities into the process of smart development may be slowed-up, due to their insufficient knowledge and experience. This paper offers a literature review on scientific findings and practical guides about smart development with aim to show how small municipalities could develop smartly in bigger extent. The research results highlight scientifically proved cornerstones of smart development and provide analysis of successful experience how small municipalities can apply it in a practice.

Suggested Citation

  • Viktorija ipilova & Inta Ostrovska & Ludmila Aleksejeva & Elita Jermolajeva & Dmitrijs Olehnovics, 2017. "A Review of the Literature on Smart Development: Lessons for Small Municipalities," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 7(1), pages 460-469.
    • Handle: RePEc:eco:journ1:2017-01-59
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    References listed on IDEAS

    as
    1. Sleuwaegen, Leo & Boiardi, Priscilla, 2014. "Creativity and regional innovation: Evidence from EU regions," Research Policy, Elsevier, vol. 43(9), pages 1508-1522.
    2. Francisco J. Arcelus & Pablo Arocena & Ferm�n Cabas�s & Pedro Pascual, 2015. "On the Cost-Efficiency of Service Delivery in Small Municipalities," Regional Studies, Taylor & Francis Journals, vol. 49(9), pages 1469-1480, September.
    3. Mark D. Partridge & Dan S. Rickman & M. Rose Olfert & Ying Tan, 2015. "When Spatial Equilibrium Fails: Is Place-Based Policy Second Best?," Regional Studies, Taylor & Francis Journals, vol. 49(8), pages 1303-1325, August.
    4. Ainhoa Gonz�lez & Gavin Daly & Philip Pinch & Neil Adams & Visvaldis Valtenbergs & Malcolm C. Burns & Hjalti Johannesson, 2015. "Indicators for Spatial Planning and Territorial Cohesion: Stakeholder-Driven Selection Approach for Improving Usability at Regional and Local Levels," Regional Studies, Taylor & Francis Journals, vol. 49(9), pages 1588-1602, September.
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    Keywords

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    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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