The Business Model Evaluation Tool for Smart Cities: Application to SmartSantander Use Cases

Raimundo Díaz-Díaz, Luis Muñoz and Daniel Pérez-González
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Raimundo Díaz-Díaz: Department of Business Administration, University of Cantabria, 39005 Santander, Cantabria, Spain
Luis Muñoz: Department of Communications Engineering, University of Cantabria, 39005 Santander, Cantabria, Spain
Daniel Pérez-González: Department of Business Administration, University of Cantabria, 39005 Santander, Cantabria, Spain

Energies, 2017, vol. 10, issue 3, 1-30

Abstract: New technologies open up the door to multiple business models applied to public services in smart cities. However, there is not a commonly adopted methodology for evaluating business models in smart cities that can help both practitioners and researchers to choose the best option. This paper addresses this gap introducing the Business Model Evaluation Tool for Smart Cities. This methodology is a simple, organized, flexible and the transparent system that facilitates the work of the evaluators of potential business models. It is useful to compare two or more business models and take strategic decisions promptly. The method is part of a previous process of content analysis and it is based on the widely utilized Business Model Canvas. The evaluation method has been assessed by 11 experts and, subsequently it has been validated applying it to the case studies of Santander’s waste management and street lighting systems, which take advantage of innovative technologies commonly used in smart cities.

Keywords: business models; performance; measurement; smart city; public service; IoT (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2017
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