IDEAS home Printed from https://ideas.repec.org/a/spr/rrorus/v14y2024i1d10.1134_s2079970523600385.html
   My bibliography  Save this article

Mutual Influence of a Smart City and the High-Tech Sector of the Economy

Author

Listed:
  • E. A. Kostina

    (Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences)

  • A. V. Kostin

    (Institute of Economics and Industrial Engineering, Siberian Branch, Russian Academy of Sciences
    Novosibirsk National Research State University)

Abstract

An important direction of state policy is the creation of an effective innovation environment and the sustainable development of high-tech and knowledge-intensive companies. A significant factor in its implementation is the urban environment with which most companies interact. Within the framework of the departmental project Smart City and the federal project Formation of a Comfortable Urban Environment, efforts are being made to create modern smart cities. A smart city generates demand for high-tech products and knowledge-intensive services and incentivizes their supply. The formation of a smart, comfortable, and high-tech environment and openness to new technologies should incentivize the organization and growth of high-tech companies, as well as development of an efficient innovation environment. A smart city supports the creation of places for the exchange of innovations, such as technology parks, business incubators, etc. At the same time, the presence of a large number of high-tech companies should intensify the use of digital technologies and the Internet of Things in the urban environment. It is important that the technologies being developed and implemented are relevant and easily applicable. This study is aimed at assessing the mutual influence of high-tech and knowledge-intensive companies (HTKICs) and smart cities. The theoretical basis is a modified triple helix model. An analysis using econometric methods showed that in cities with populations over 1 mln, highly digitized municipal services and urban environment has a positive effect on the development of HTKICs.

Suggested Citation

  • E. A. Kostina & A. V. Kostin, 2024. "Mutual Influence of a Smart City and the High-Tech Sector of the Economy," Regional Research of Russia, Springer, vol. 14(1), pages 50-60, March.
    • Handle: RePEc:spr:rrorus:v:14:y:2024:i:1:d:10.1134_s2079970523600385
    DOI: 10.1134/S2079970523600385
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1134/S2079970523600385
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1134/S2079970523600385?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Loet Leydesdorff & Henry Etzkowitz, 1996. "Emergence of a Triple Helix of university—industry—government relations," Science and Public Policy, Oxford University Press, vol. 23(5), pages 279-286, October.
    2. Enrico Moretti, 2004. "Workers' Education, Spillovers, and Productivity: Evidence from Plant-Level Production Functions," American Economic Review, American Economic Association, vol. 94(3), pages 656-690, June.
    3. Sotiris Zygiaris, 2013. "Smart City Reference Model: Assisting Planners to Conceptualize the Building of Smart City Innovation Ecosystems," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 4(2), pages 217-231, June.
    4. Cumming, Douglas & Dai, Na, 2010. "Local bias in venture capital investments," Journal of Empirical Finance, Elsevier, vol. 17(3), pages 362-380, June.
    5. Caragliu, Andrea & Del Bo, Chiara F., 2019. "Smart innovative cities: The impact of Smart City policies on urban innovation," Technological Forecasting and Social Change, Elsevier, vol. 142(C), pages 373-383.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Barrutia, Jose M. & Echebarria, Carmen & Aguado-Moralejo, Itziar & Apaolaza-Ibáñez, Vanessa & Hartmann, Patrick, 2022. "Leading smart city projects: Government dynamic capabilities and public value creation," Technological Forecasting and Social Change, Elsevier, vol. 179(C).
    2. Nicos Komninos & Christina Kakderi & Luca Mora & Anastasia Panori & Elena Sefertzi, 2022. "Towards High Impact Smart Cities: a Universal Architecture Based on Connected Intelligence Spaces," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1169-1197, June.
    3. Hiroyuki Okamuro & Junichi Nishimura, 2020. "What Shapes Local Innovation Policies? Empirical Evidence from Japanese Cities," Administrative Sciences, MDPI, vol. 10(1), pages 1-22, February.
    4. Kroh, Julia, 2021. "Sustain(able) urban (eco)systems: Stakeholder-related success factors in urban innovation projects," Technological Forecasting and Social Change, Elsevier, vol. 168(C).
    5. Johannes Stübinger & Lucas Schneider, 2020. "Understanding Smart City—A Data-Driven Literature Review," Sustainability, MDPI, vol. 12(20), pages 1-23, October.
    6. Marchesani, Filippo & Masciarelli, Francesca & Bikfalvi, Andrea, 2023. "Smart city as a hub for talent and innovative companies: Exploring the (dis) advantages of digital technology implementation in cities," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    7. Dong, Feng & Li, Yangfan & Li, Kun & Zhu, Jiao & Zheng, Lu, 2022. "Can smart city construction improve urban ecological total factor energy efficiency in China? Fresh evidence from generalized synthetic control method," Energy, Elsevier, vol. 241(C).
    8. Crown, Daniel & Faggian, Alessandra & Corcoran, Jonathan, 2020. "Foreign-Born graduates and innovation: Evidence from an Australian skilled visa program✰,✰✰,★,★★," Research Policy, Elsevier, vol. 49(9).
    9. Elizabeth M. Caucutt & Lance Lochner & Youngmin Park, 2017. "Correlation, Consumption, Confusion, or Constraints: Why Do Poor Children Perform so Poorly?," Scandinavian Journal of Economics, Wiley Blackwell, vol. 119(1), pages 102-147, January.
    10. Cowling, Marc & Ughetto, Elisa & Lee, Neil, 2018. "The innovation debt penalty: Cost of debt, loan default, and the effects of a public loan guarantee on high-tech firms," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 166-176.
    11. Guy Michaels, 2011. "The Long Term Consequences of Resource‐Based Specialisation," Economic Journal, Royal Economic Society, vol. 121(551), pages 31-57, March.
    12. Emanuela Marrocu & Raffaele Paci & Stefano Usai, 2013. "Productivity Growth In The Old And New Europe: The Role Of Agglomeration Externalities," Journal of Regional Science, Wiley Blackwell, vol. 53(3), pages 418-442, August.
    13. Uwe Sunde & Thomas Dohmen & Benjamin Enke & Armin Falkbriq & David Huffman & Gerrit Meyerheim, 2022. "Patience and Comparative Development," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(5), pages 2806-2840.
    14. Renske Stans & Laura Ehrmantraut & Malin Siemers & Pia Pinger, 2025. "The Impact of Higher Education on Employer Perceptions," CRC TR 224 Discussion Paper Series crctr224_2025_665, University of Bonn and University of Mannheim, Germany.
    15. Biancardi, Marta & Di Bari, Antonio & Villani, Giovanni, 2021. "R&D investment decision on smart cities: Energy sustainability and opportunity," Chaos, Solitons & Fractals, Elsevier, vol. 153(P2).
    16. Thu Hien DAO & Frédéric DOCQUIER & Mathilde MAUREL & Pierre SCHAUS, 2017. "Global Migration in the 20th and 21st Centuries: the Unstoppable Force of Demography," Working Paper 96d89f28-0e80-4703-9b33-6, Agence française de développement.
    17. Fan, Xiaomin & Xu, Yingzhi, 2023. "Does high-speed railway promote urban innovation? Evidence from China," Socio-Economic Planning Sciences, Elsevier, vol. 86(C).
    18. Ellis, Jimmy R. & Gershenson, Seth, 2016. "LATE for the Meeting: Gender, Peer Advising, and College Success," IZA Discussion Papers 9956, Institute of Labor Economics (IZA).
    19. Duranton, Gilles & Puga, Diego, 2014. "The Growth of Cities," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 2, chapter 5, pages 781-853, Elsevier.
    20. Ferretti, Marco & Guerini, Massimiliano & Panetti, Eva & Parmentola, Adele, 2022. "The partner next door? The effect of micro-geographical proximity on intra-cluster inter-organizational relationships," Technovation, Elsevier, vol. 111(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:rrorus:v:14:y:2024:i:1:d:10.1134_s2079970523600385. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.