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Smart city article details
| Title | The Role Of The ‘Triple Helix’ Model In The Development Of Emerging Economies |
|---|---|
| ID_Doc | 56679 |
| Authors | George A. |
| Year | 2020 |
| Published | Lecture Notes in Civil Engineering, 43 |
| DOI | http://dx.doi.org/10.1007/978-3-030-23898-8_4 |
| Abstract | A healthy synergy between Government, Industry and Academia is instrumental in the creation of smart cities with sustainable economies. Each of these stakeholders in their specific capacities needs to streamline their techniques and methodologies to approach the way cities function in an innovative manner. Adoption of inclusivity is key to efficient city planning, and this involves removing barriers to building effective partnerships, such as discriminatory red tape, ineffective bureaucracy, and the like. By 2050, as per estimates released by the UN in the month of May, about 2 in 3 people will be city dwellers, with the boom concentrated in India, China and Nigeria. Burgeoning, yet resilient economies, need the right tools to embark on a journey of growth and prosperity. The imbalance between the roles played by the government, industry and institutions tends to be felt more so in situations where the relations between these systems are ambiguous, and sometimes even non-existent. This paper aims to understand the complexities behind these interactions, the challenges to brokering sturdy alliances, and the solutions that a ‘Triple Helix’ prototype will bring to cities. Where knowledge-based development is of high priority, managing spheres of government through informed public policy, academia through education, and industry though sustainable trade, will not only add value to cities, but help in framing innovative solutions to global problems including climate change and economic depression. Fostering growth of cities in all its dimensions is a vital step to paving promising futures for the generations to come. This article is intended to start meaningful dialogue on what a ‘triple helix’ model can achieve, and can then serve as a guide that launches benchmarks for performance of the sustainable development of emerging economies. © Springer Nature Switzerland AG 2020. |
| Author Keywords | Challenges; City dwellers; Emerging economies; Knowledge-based development; Sustainable economies; Triple helix |
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