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Managing European Sustainable Cities

Author

Listed:
  • Nemanja Backovi?

    () (Faculty of Organizational Sciences, University of Belgrade)

  • Vesna Mili?evi?

    () (Faculty of Organizational Sciences, University of Belgrade)

  • Adam Sofronijevi?

    () (Library "Svetozar Markovi?")

Abstract

In this paper sustainable management of European cities in contemporary business environment is analyzed. Recognition of culture diversity and market responsiveness are of substantial importance for new context of urbanization. Economic cooperation among cities is executed in the framework of integrated strategic planning and upgraded sustainability principles. Global climate change and economic restructuring are becoming a wider concern for future cities development. Heterogeneous urban growth is the main constraint for demographic reforms. The focus is on creating management paradigm based on innovative business models, which describes how the ideas should be pursued in European urban settings. The management approach of flexible adjustments that influences the new strategic path development and modification of ongoing structural issues is observed. In order to fulfill the role of privileged location, sustainable city needs to intensify the flow of capital, goods, know-how and value. The paper emphasizes evolutionary concepts of urban transformation management. High prosperity and poverty reduction are highlighted in terms of social justice, geographical and inter-generational equity. The aim of making a ?Fair Share? cities includes efficient waste management, energy supply and resource based decision making. The relationship between urban economic viability and patterns of green land investments is considered. Long-term prospects of European regional integration, along with urge for high edge city maintenance, are shown. Land use, access to services and population density present urban issues that indicate strong European commitment to form urban innovation areas. The paper sums up most significant advantages of European capital cities, that make them leaders in the global market.

Suggested Citation

  • Nemanja Backovi? & Vesna Mili?evi? & Adam Sofronijevi?, 2015. "Managing European Sustainable Cities," Proceedings of International Academic Conferences 1003969, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:1003969
    as

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    File URL: https://iises.net/proceedings/international-academic-conference-rome/table-of-content/detail?cid=10&iid=023&rid=3969
    File Function: First version, 2015
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    References listed on IDEAS

    as
    1. Chakravarty, Shoibal & Tavoni, Massimo, 2013. "Energy poverty alleviation and climate change mitigation: Is there a trade off?," Energy Economics, Elsevier, vol. 40(S1), pages 67-73.
    2. Vito Albino & Umberto Berardi & Rosa Maria Dangelico, 2015. "Smart Cities: Definitions, Dimensions, Performance, and Initiatives," Journal of Urban Technology, Taylor & Francis Journals, vol. 22(1), pages 3-21, January.
    3. Martín Alejandro Iribarnegaray & Lucas Seghezzo, 2012. "Governance, Sustainability and Decision Making in Water and Sanitation Management Systems," Sustainability, MDPI, Open Access Journal, vol. 4(11), pages 1-24, November.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    sustainable cities; European management; urban ecology; economic efficiency; smart growth;

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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