The Effect of Smart City on the Promotion of Entrepreneurship

Jae Eun You and Jong Woo Choi

A chapter in Sustainable Smart Cities - A Vision for Tomorrow from IntechOpen

Abstract: As smart cities are early markets, there are many opportunities for new services, technologies, and platforms to enter. The smart city ecosystem is also necessary for sustainable smart cities. The smart city plan can serve as an opportunity for startups to take a new leap forward at a time when various regulations and fierce competition are entering a stagnant period. The brilliant ideas of prospective entrepreneurs have become new vitality in the smart city field. Prospective start-ups will come up with solutions and service ideas for a more convenient and safe life by analyzing market demand and gaps. If there were no various regulations in the smart city and various support policies, chances for start-ups would increase.

Keywords: smart city; entrepreneurship; start-ups; innovations; strategies (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:274364

DOI: 10.5772/intechopen.107996

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