The Smart City Business Model Canvas—A Smart City Business Modeling Framework and Practical Tool

Paraskevi Giourka, Mark Sanders, Komninos Angelakoglou, Dionysis Pramangioulis, Nikos Nikolopoulos, Dimitrios Rakopoulos, Athanasios Tryferidis and Dimitrios Tzovaras
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Paraskevi Giourka: Chemical Process and Energy Resources Institute, Center for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
Komninos Angelakoglou: Chemical Process and Energy Resources Institute, Center for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
Dionysis Pramangioulis: Chemical Process and Energy Resources Institute, Center for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
Nikos Nikolopoulos: Chemical Process and Energy Resources Institute, Center for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
Dimitrios Rakopoulos: Chemical Process and Energy Resources Institute, Center for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
Athanasios Tryferidis: Information Technologies Institute, Centre for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
Dimitrios Tzovaras: Information Technologies Institute, Centre for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece

Energies, 2019, vol. 12, issue 24, 1-17

Abstract: Cities are challenged with increasing population growth and need to implement smart solutions to become more resilient to economic, environmental, and social challenges posed by ongoing urbanization. This study reviewed business model development frameworks and developed a practical tool to help cities assess business models by adapting components of the Business Model Canvas (BMC) and adding new ones that operationalize the smart city dimensions. The Smart City BMC (SC-BMC) proposed provides a practical framework that supports developing and communicating a more holistic and integrated view of a smart city business model. It also supports creatively innovating toward more sustainable value creation. As a framework, the SC-BMC bridges sustainable value creation for business model development and smart city innovation.

Keywords: smart cities business models; sustainable business models; business model innovation (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: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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