The Urban Capitals: A New Guide for Sustainable and Smart Development

Abstract

Abstract Global attention is focused on transforming cities and urban areas and trying to trace their success path. This research assumes that cognitive development is based on what is termed knowledge capital, a framework that includes a combination of core capital for the operation of knowledge-based economic processes and mechanisms to enhance them in the areas of product development. This research aims to determine aspects of development and the foundations and mechanisms of knowledge cities. The indicators include the knowledge cluster, and knowledge diversity was identified as a product of the urban capital’s implementation, measured by indicators of urban, social, economic, and cultural dimensions of urban capital. The indicators derived from the theoretical framework were applied for research in several international and Arab experiments in the applied part of the research and applying these indicators within a local situation.