“…Developing the competitiveness of a city forces that city and its public-sector representatives invent new methods of management and use innovative thinking. Success of cities, according to Etzkowitz (2011); Etzkowitz and Leydesdorff (2000); Etzkowitz and Zhou (2007); Ivanova and Leydesdorff (2015); Leydesdorff and Ivanova (2016); Li, Zhan, and Lu (2016); Safiullin, Fatkhiev, and Grigorian (2014); and Syed and Omar (2016), concept, has to take into account new strategies of co-operation between academic institutions and local authorities, entrepreneurs and new graduates, focused on high-tech industries and start-up businesses. This trend is based on the principles of New Economic Geography (Krugman, 1994;Porter, 1998) and the new Theory of Growth (Lewis, 2003;Romer, 1990), which emphasize the importance of knowledge capital and smart technologies.…”