EconPapers    
Economics at your fingertips  
 

The economic and social impacts of smart cities multi stakeholder pre study results

Karina Radchenko ()
Additional contact information
Karina Radchenko: Institute of Industrial Economy, National Academy of Sciences of Ukraine

Smart Cities and Regional Development (SCRD) Journal, 2023, vol. 7, issue 2, 25-38

Abstract: Smart cities are getting increasingly popular and being seen as one answer to several challenges. The smart city framework is seen as a popular answer to numerous challenges. There is no common definition of a smart city and the theoretical understanding is framed in multiple ways in practice. To better understand the phenomenon of smart cities it is important to see how it is viewed in practice by different stakeholders. Objectives This paper contributes to collecting and analyzing the stakeholders visions to develop the definition of smart cities and classify their social and economic effects as a basis for further advanced study in this direction. Prior work The previous findings have determined the double-sided effects of smart cities in social and economic domains that could be balanced through different tools. In terms of the fundamental importance of ensuring citizen-oriented and sustainable utilization of smart city as a tool purporting to improve quality of life, it is needed to critically assess how stakeholders perceive these impacts and what tools could be applied to prevent negative outcomes. Methodology The paper applies a literature review, in-depth interviews with the smart city experts and survey answers analysis involving the city stakeholders including local and regional authorities and the real citizens to determine the personalized visions of smart city definition and impacts as well as open source analysis. Results Based on the data collected, the classification of the social and economic impacts of smart cities is proposed as well as study-based definition of smart city is provided. It is argued that considering social and economic impacts of smart cities needs further attention in terms of the multi-stakeholder perspective and continuation of the work started in this paper. In doing so, the paper does not only contribute to the theoretical comprehension of smart city but provides the basis for further strategy development to maximize social and economic positives of its application while minimizing the negatives.

Keywords: social and economic impacts; smart city; public administration; city stakeholders (search for similar items in EconPapers)
JEL-codes: O35 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://scrd.eu/index.php/scrd/article/view/397/362 (application/pdf)
https://scrd.eu/index.php/scrd/article/view/397 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pop:journl:v:7:y:2023:i:2:p:25-38

Access Statistics for this article

More articles in Smart Cities and Regional Development (SCRD) Journal from Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration Contact information at EDIRC.
Bibliographic data for series maintained by Professor Catalin Vrabie ().

 
Page updated 2025-03-19
Handle: RePEc:pop:journl:v:7:y:2023:i:2:p:25-38