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The Smart City as an opportunity for entrepreneurship

Author

Listed:
  • Chris Richter
  • Sascha Kraus
  • Pasi Syrjä

Abstract

The topic of Smart Cities as an approach for sustainable urban development with the application of ICT has become an intensely discussed field in the recent past. The notion of the term is inconsistent, and the label of a Smart City is misapplied by a growing number of cities. In this article, the authors define the decisive six characteristics of a Smart City by taking the relevant literature into account. They furthermore identify a research gap between the Smart City and entrepreneurship as one main characteristic of the concept. The focus on this topic is justified by a strong influence of the six characteristics of a Smart City on entrepreneurial activities. The further need for research on the interdependency of these two fields, as well as subareas (e.g., entrepreneurial marketing), concludes this paper.

Suggested Citation

  • Chris Richter & Sascha Kraus & Pasi Syrjä, 2015. "The Smart City as an opportunity for entrepreneurship," International Journal of Entrepreneurial Venturing, Inderscience Enterprises Ltd, vol. 7(3), pages 211-226.
  • Handle: RePEc:ids:ijeven:v:7:y:2015:i:3:p:211-226
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    Citations

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    Cited by:

    1. Irina Gorelova & Diana Dmitrieva & Mariya Dedova & Marco Savastano, 2021. "Antecedents and Consequences of Digital Entrepreneurial Ecosystems in the Interaction Process with Smart City Development," Administrative Sciences, MDPI, vol. 11(3), pages 1-15, September.
    2. Marcin Janusz & Marcin Kowalczyk, 2022. "How Smart Are V4 Cities? Evidence from the Multidimensional Analysis," Sustainability, MDPI, vol. 14(16), pages 1-19, August.
    3. Francesco Schiavone & Francesco Paolo Appio & Luca Mora & Marcello Risitano, 2020. "The strategic, organizational, and entrepreneurial evolution of smart cities," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1155-1165, December.
    4. Zoltán Nagy & Dóra Szendi & Tekla Szép, 2021. "Linking smart city concepts to urban resilience," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 17(si), pages 31-40.
    5. Ferraris, Alberto & Belyaeva, Zhanna & Bresciani, Stefano, 2020. "The role of universities in the Smart City innovation: Multistakeholder integration and engagement perspectives," Journal of Business Research, Elsevier, vol. 119(C), pages 163-171.
    6. Iqbal Yulizar Mukti & Maria E. Iacob & Adina Aldea & Rajesri Govindaraju & Jos Hillegersberg, 2022. "Defining Rural Smartness and Its Impact: A Systematic Literature Review," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 956-1007, June.
    7. Perri, Cecilia & Giglio, Carlo & Corvello, Vincenzo, 2020. "Smart users for smart technologies: Investigating the intention to adopt smart energy consumption behaviors," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    8. Zaheer Allam & Simon Elias Bibri & David Jones & Didier Chabaud & Carlos Moreno, 2022. "Unpacking the ‘15-Minute City’ via 6G, IoT, and Digital Twins: Towards a New Narrative for Increasing Urban Efficiency, Resilience, and Sustainability," Post-Print hal-03997414, HAL.
    9. Georgios Siokas & Aggelos Tsakanikas, 2023. "The Role of Economic and Innovation Initiatives in Planning a Smart City Strategy in Greece," Sustainability, MDPI, vol. 15(20), pages 1-15, October.
    10. Barba-Sánchez, Virginia & Arias-Antúnez, Enrique & Orozco-Barbosa, Luis, 2019. "Smart cities as a source for entrepreneurial opportunities: Evidence for Spain," Technological Forecasting and Social Change, Elsevier, vol. 148(C).
    11. Grimaldi, Didier & Fernandez, Vicenc & Carrasco, Carlos, 2019. "Heuristic for the localization of new shops based on business and social criteria," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 249-257.
    12. Paul Pierce & Francesca Ricciardi & Alessandro Zardini, 2017. "Smart Cities as Organizational Fields: A Framework for Mapping Sustainability-Enabling Configurations," Sustainability, MDPI, vol. 9(9), pages 1-21, August.
    13. Alberto Ferraris & Gabriele Santoro & Anna Claudia Pellicelli, 2020. "“Openness” of public governments in smart cities: removing the barriers for innovation and entrepreneurship," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1259-1280, December.
    14. Parul Gupta & Sumedha Chauhan & M. P. Jaiswal, 2019. "Classification of Smart City Research - a Descriptive Literature Review and Future Research Agenda," Information Systems Frontiers, Springer, vol. 21(3), pages 661-685, June.
    15. Rita Lamboglia & Daniela Mancini & Francesco Paolone, 2018. "A Roadmap for Performance Measurement in Smarter Universities," MANAGEMENT CONTROL, FrancoAngeli Editore, vol. 2018(2 Suppl.), pages 113-133.

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