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Smart city article details
| Title | Smart Cities, Well-Being And Good Business: The 2030 Agenda And The Role Of Knowledge In The Era Of Industry 4.0 |
|---|---|
| ID_Doc | 49795 |
| Authors | Soeiro D. |
| Year | 2020 |
| Published | Contributions to Management Science |
| DOI | http://dx.doi.org/10.1007/978-3-030-40390-4_5 |
| Abstract | Industry 4.0 represents the so-called fourth industrial revolution (4IR). In broad terms, the concept refers to our current stage where the biological, physical and digital boundaries blur. How does the 4IR impact cities? The notion of ‘smart city’ corresponds to the city perceived through the lens of the 4IR. The previous industrial revolution was mainly characterised by the advent of the digital (1960s–1990s) where the computer and the Internet played a pivotal role. The 4IR is about connectivity and networks (Internet of Things/IoT). In the realm of the specific challenges are: buildings, connectivity, data, energy, governance and transport. Our claim is that in order for the 4IR to be integrated in cities, three criteria should be met. First, the concept of sustainability should go beyond ecology and economics, it should consider the Agenda 2030 as its framework, in particular the sector of health and well-being. A sustainable city must be a healthy city. Second, urban planning practice is vital to translate information into knowledge. How can we make spatial sense of an increasing amount of information? The practice used to encompass designing physical structures now; however, it needs to incorporate virtual networks, embedded in physical structures. Third, ‘smart cities’ depend on innovative businesses which respond to the challenges of the 4IR and are an indispensable part of the process. We conclude that ‘smart cities’ need above all knowledgeable and innovative governance design strategies, as well as public policies that support and promote well-being, urban planning practice and good business. © 2020, Springer Nature Switzerland AG. |
| Author Keywords | 4IR; Entrepreneurship; Governance; Health; IoT |
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