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Smart city business model approach

The Role of Opportunities, Values, and Advantages

Bibliographic Data

ID6428544
AuthorsSari Perätalo (University of Oulu, corresponding author), Petri Ahokangas (0000-0002-2351-8473, University of Oulu), Marika Iivari (0000-0002-5954-2133, University of Oulu)
Year2023
Volume38
Issue2
Pages711-735
Publication date2023-11-26
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueInnovation The European Journal of Social Science Research (JOURNAL)
Journal identifiersISSN: 1351-1610 • E-ISSN: 1469-8412
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/13511610.2023.2286439
OpenAlexW4389009233
LanguageEN
References cited62

The purpose of this research is to explore the role of the business model approach in the smart city context by examining the business model antecedents: opportunities, values, and advantages. By applying the business model approach, we examine the dynamics of replicability, scalability, and sustainability of digital solutions in smart cities. Based on the participatory action research method, this study utilizes data collected during 2018–2020 from the European Union’s Digital Transition Partnership meetings and workshops. The objective of the partnership was to create an EU-level Action Plan for European cities for digital transition. The research findings indicate the importance of recognizing the antecedents to business models when using them as a strategic development tool for smartening cities. The proposed business model approach can support the continuous development of digitalization-related opportunities and solutions in cities

Action (physics · Action plan · Action research · Business · Business model · Citizen journalism · Context (archaeology · Economics · European union · General partnership · Geography · Internet of Things · Knowledge management · Management · Process management · Smart city · Sustainability · Computer Science · E-Government and Public Services · Smart Cities and Technologies · Technology Adoption and User Behaviour · Marketing

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Citation velocityhistorical
Highly citedNo

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