Economic basis for functioning of a smart city

Abstract

The paper attempted to define the basis of city transformations that conform to the smart concept. The objective of the paper is to relate the concept of a smart city, which is quite frequently discussed in literature related to the subject, with functioning and development of the city's economy, in a way that would allow monitoring economic processes taking place in the city, and also to find a response to the question as to the extent to which the smart city creates a new city economy. Does it expand the city economy by new elements, generate new economic mechanisms, allow the implementation of growth paths different than those to date? This objective is particularised by a description of selected issues of urban economics. With this in mind the paper discusses an approach to managing supply and demand on the basis of theoretical assumptions defined by Mudie and Cottam (1993) transposed on realities connected with provision of municipal public services in conditions of a smart city. Furthermore, sample solutions were presented related to the smart city, which reflect theoretical conclusions contained in the paper. The paper ends with a presentation of logics related to growing economy in a smart city. The economy of a smart city, ultimately an intelligent economy of the city, is created in a laminar way. Under the pressure of technological, social and political surroundings the city is permeated by social and culture intelligence, forming gradually a new economic quality. In the paper we emphasised that the concept of a smart city still remains a question of the future to a much bigger extent than one of the present time. A smart city slowly emerges from the combination of diverse megatrends and development trends characteristic for communities and economies of the second decade of the 21st century.

Solutions to Manage Smart Cities’ Risks in Times of Pandemic Crisis

“…We can note that citizens are important components that should not be overlooked. The open network of smart devices serves as the foundation of the smart city, allowing all users and citizens to demand or create services that are most important and valuable to them (Baron and Kuźnik 2017). The authors defined a smart city in the context of this study as a system that connects and automates various technologies aimed at providing basic services to society, efficient resource management, and environmental protection.…”

Collective Benefits as an Impulse for Urban Development

“…This proved to be useful in mitigating the effects of economic crisis in 2008 that changed the reality of the real estate market, which contributed to depopulation and depletion of income in many cities. 3 The impulses resulting from application of new devices promoted in smart city concepts and used in systems for communication, safety maintenance, obtaining energy efficiency in passive buildings or forms of Internet sales, have been changing the organisation and styles of modern city management as well (Kuźnik, Baron 2017).…”

Zarządzanie rozwojem współczesnych miast

“…Wytwarzają one presję technologiczną na zaglomerowane funkcjonalnie zespoły miejskie, przyśpieszając procesy rozwoju miejskiego i regionalnego. Wdrażanie projektów smart city prowadzi do zmiany strategicznej w infrastrukturze i usługach publicznych polegającej na ich technologizacji i metropolizacji [Baron, Kuźnik, 2017]. Odnosi się to także do przyspieszonego wzrostu poziomu jakości edukacji oraz tworzenia się społeczności miejskich i regionalnych reprezentujących coraz wyższy poziom umiejętności poruszania się w świecie wirtualnym.…”