Smart City Gnosys

Smart city article details

Title	The Role Of Economic And Innovation Initiatives In Planning A Smart City Strategy In Greece
ID_Doc	56545
Authors	Siokas, G; Tsakanikas, A
Year	2023
Published	SUSTAINABILITY, 15, 20
DOI	http://dx.doi.org/10.3390/su152014842
Abstract	As digital technology has become an integral part of urban life's daily operations, the urban landscape is constantly evolving with the needs of its society. This new reality has allowed municipalities to invest in technologies related to smart cities and to exert a greater influence on the national and local economy. In line with this, the paper aims to understand the mechanisms of planning and implementing a municipality's strategy in Greece to exploit the smart city benefits and to foster economic development. It is important to identify the role of different factors including strategy during the planning and implementing phases of initiatives concerning the economy and innovation in a smart city. To achieve this, data were collected via a questionnaire and processed using the advanced statistical technique PLS-SEM. The main findings highlight the importance of planning initiatives aligned with the needs of the municipality and the business ecosystem. The existence of a smart city strategy has a catalytic effect on the final impact of the implemented initiatives on the urban ecosystem. A systematic analysis of the smart cities' dynamics and the new state of the urban ecosystem can help the local actors focus on value creation and public service provision, fostering innovation and profitability.
Author Keywords	smart city ecosystem; urban economy; smart city; entrepreneurship; smart economy

Similar Articles

Id	Similarity	Authors	Title	Published
5527	0.932	Alexopoulos, C; Charalabidis, Y; Vogiatzis, N; Kolokotronis, DE	A Taxonomy For Analysing Smart Cities Developments In Greece	PROCEEDINGS OF THE 11TH INTERNATIONAL CONFERENCE ON THEORY AND PRACTICE OF ELECTRONIC GOVERNANCE (ICEGOV2018) (2018)
30645	0.928	Siokas, G; Tsakanikas, A; Siokas, E	Implementing Smart City Strategies In Greece: Appetite For Success	CITIES, 108 (2021)
13160	0.923	Kanellos N.; Siokas G.	Business Activities In Smart Cities Of Greece: A Qualitative Study	Springer Proceedings in Business and Economics (2021)
55347	0.914	Siokas G.; Tsakanikas A.	The Dynamic Formation Of A Successful Smart City Roadmap	Internet of Things (2022)
55626	0.912	Carayannis E.G.; Chatzichristofis S.; Kyrpianou G.; Psychalis M.; Sklias G.	The Greek Smart City Transition: Perceptions, Barriers, And Opportunities For Sustainable Urban Growth	Journal of the Knowledge Economy (2025)
10343	0.908	Agbali, M; Trillo, C; Ibrahim, IA; Arayici, Y; Fernando, T	Are Smart Innovation Ecosystems Really Seeking To Meet Citizens' Needs? Insights From The Stakeholders' Vision On Smart City Strategy Implementation	SMART CITIES, 2, 2 (2019)
50413	0.905	Komninos, N; Kakderi, C; Panori, A; Tsarchopoulos, P	Smart City Planning From An Evolutionary Perspective	JOURNAL OF URBAN TECHNOLOGY, 26, 2 (2019)
14059	0.894	Psathopoulou P.-X.; Alexopoulos A.; Panagou V.	Citizen Participation In The Transition Of Greek Cities To Smart Cities: Does Size Matter?	Lecture Notes in Computer Science (including subseries Lecture Notes in Artificial Intelligence and Lecture Notes in Bioinformatics), 14109 LNCS (2023)
56925	0.894	Schiavone, F; Appio, FP; Mora, L; Risitano, M	The Strategic, Organizational, And Entrepreneurial Evolution Of Smart Cities	INTERNATIONAL ENTREPRENEURSHIP AND MANAGEMENT JOURNAL, 16, 4 (2020)
49495	0.893	Pagani R.N.; Rodrigues J.F.; Resende D.N.; Zammar G.; Kovaleski J.L.	Smart Cities As Innovation Ecosystems: Role And Contribution Of Citizen Engagement, And A Conceptual Framework	Springer Proceedings in Business and Economics (2025)