Smart City in the Global Economy

Author:

Momot Tetiana1,Triplett Russell1,Azueta Angelo Cristian1,Filonych Olena2ORCID

Affiliation:

1. Coggin College of Business, USA

2. The Educational and Scientific Institute of Economics and Management, Kharkiv, Ukraine

Abstract

The research is devoted to developing a smart city information and organization support model based on the most prominent international smart city ranking practices of systematization. The concepts are summarized. The smart cities in the global economy in the context of leading international rankings were analyzed. Special attention is given to the variations in measurement methodologies to capture the impact of smart cities, including the Smart City Index and the Strategy Index. The top 10 smartest cities in the global economy were analyzed in terms of international rankings. The emphasis is given to American cities. The proposed smart city information and organization support model is based on the concept of the Smart City Balanced Scorecard (SCBS), which allows systematically identifying and organizing priority areas for the development of a smart city and specify strategic directions in each priority area. An approach to calculating the ranking of the integrated indicator of sustainable development of a smart city (R-SCBS) according to the Balanced Scorecard is developed.

Publisher

IGI Global

Reference34 articles.

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