IDEAS home Printed from https://ideas.repec.org/a/gam/jrisks/v10y2022i2p34-d741023.html
   My bibliography  Save this article

The Risks of Smart Cities and the Perspectives of Their Management Based on Corporate Social Responsibility in the Interests of Sustainable Development

Author

Listed:
  • Irina A. Morozova

    (Economics and Management Faculty, Volgograd State Technical University, 400005 Volgograd, Russia)

  • Stanislav S. Yatsechko

    (Department of Economic Theory, Financial University under the Government of the Russian Federation, 125167 Moscow, Russia)

Abstract

Purpose: Bring to light the risks of smart cities and the perspectives of their management. It has been discovered that smart cities are created and developed under the impact of not only technological factors but also social factors. The connection between smart cities and quality of life is systemic (direct and reverse)—the quality of life also specifies the creation and development of smart cities. The impact of the COVID-19 pandemic on the development of smart cities is almost null (smart cities do not depend on the implementation of SDG 3). This paper’s originality lies in the description of a new angle of studying smart cities—from the position of risks, and in the determination of the current level of these risks and the dynamics of their change during systematisation and description of the wide international experience of creation and development of smart cities. This paper’s uniqueness lies in the development of a new approach to managing the creation and development of smart cities, which is based on corporate social responsibility, thus specifying and ensuring the involvement and important role of the subjects of entrepreneurship in this process. It is proved that the contribution of smart cities to the implementation of the SDGs is much wider and goes beyond the limits of SDG 9—it also extends to SDG 1 and SDGs 11–13.

Suggested Citation

  • Irina A. Morozova & Stanislav S. Yatsechko, 2022. "The Risks of Smart Cities and the Perspectives of Their Management Based on Corporate Social Responsibility in the Interests of Sustainable Development," Risks, MDPI, vol. 10(2), pages 1-15, February.
    • Handle: RePEc:gam:jrisks:v:10:y:2022:i:2:p:34-:d:741023
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2227-9091/10/2/34/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2227-9091/10/2/34/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aleksandra Ptak, 2021. "Smart City Management in the Context of Electricity Consumption Savings," Energies, MDPI, vol. 14(19), pages 1-15, September.
    2. Susan T. Jackson, 2021. "Risking Sustainability: Political Risk Culture as Inhibiting Ecology-Centered Sustainability," Risks, MDPI, vol. 9(11), pages 1-15, October.
    3. Yuho Shimizu & Shin Osaki & Takaaki Hashimoto & Kaori Karasawa, 2021. "The Social Acceptance of Collecting and Utilizing Personal Information in Smart Cities," Sustainability, MDPI, vol. 13(16), pages 1-10, August.
    4. Łukasz Mach & Karina Bedrunka & Anna Kuczuk & Marzena Szewczuk-Stępień, 2021. "Effect of Structural Funds on Housing Market Sustainability Development—Correlation, Regression and Wavelet Coherence Analysis," Risks, MDPI, vol. 9(10), pages 1-17, October.
    5. Shah Jahan Miah & Huy Quan Vu & Damminda Alahakoon, 2022. "A social media analytics perspective for human‐oriented smart city planning and management," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 73(1), pages 119-135, January.
    6. Mateusz Trzeciak, 2021. "Sustainable Risk Management in IT Enterprises," Risks, MDPI, vol. 9(7), pages 1-20, July.
    7. Aleksandra Radziejowska & Bartosz Sobotka, 2021. "Analysis of the Social Aspect of Smart Cities Development for the Example of Smart Sustainable Buildings," Energies, MDPI, vol. 14(14), pages 1-14, July.
    8. Ashutosh Sharma & Elizaveta Podoplelova & Gleb Shapovalov & Alexey Tselykh & Alexander Tselykh, 2021. "Sustainable Smart Cities: Convergence of Artificial Intelligence and Blockchain," Sustainability, MDPI, vol. 13(23), pages 1-16, November.
    9. Agnessa O. Inshakova & Anastasia A. Sozinova & Tatiana N. Litvinova, 2021. "Corporate Fight against the COVID-19 Risks Based on Technologies of Industry 4.0 as a New Direction of Social Responsibility," Risks, MDPI, vol. 9(12), pages 1-11, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Liudmyla Davydenko & Nina Davydenko & Andrii Bosak & Alla Bosak & Agnieszka Deja & Tygran Dzhuguryan, 2022. "Smart Sustainable Freight Transport for a City Multi-Floor Manufacturing Cluster: A Framework of the Energy Efficiency Monitoring of Electric Vehicle Fleet Charging," Energies, MDPI, vol. 15(10), pages 1-27, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sergei G. Vagin & Elena I. Kostyukova & Natalia E. Spiridonova & Tatiana M. Vorozheykina, 2022. "Financial Risk Management Based on Corporate Social Responsibility in the Interests of Sustainable Development," Risks, MDPI, vol. 10(2), pages 1-13, February.
    2. Sebastian Kussl & Andreas Wald, 2022. "Smart Mobility and its Implications for Road Infrastructure Provision: A Systematic Literature Review," Sustainability, MDPI, vol. 15(1), pages 1-20, December.
    3. Muhammad Adil Rauf & Olaf Weber, 2022. "Housing Sustainability: The Effects of Speculation and Property Taxes on House Prices within and beyond the Jurisdiction," Sustainability, MDPI, vol. 14(12), pages 1-19, June.
    4. Yanlong Guo & Xuan Li & Denghang Chen & Han Zhang, 2022. "Evaluation Study on the Use of Non-Contact Prevention and Protection Products in the Context of COVID-19: A Comprehensive Evaluation Method from AHP and Entropy Weight Method," IJERPH, MDPI, vol. 19(24), pages 1-17, December.
    5. Hunjra, Ahmed Imran & Azam, Muhammad & Bruna, Maria Giuseppina & Verhoeven, Peter & Al-Faryan, Mamdouh Abdulaziz Saleh, 2022. "Sustainable development: The impact of political risk, macroeconomic policy uncertainty and ethnic conflict," International Review of Financial Analysis, Elsevier, vol. 84(C).
    6. Tatiana M. Vorozheykina & Aleksei Yu. Shchetinin & Galina N. Semenova & Maria A. Vakhrushina, 2023. "Dataset Analysis of the Risks for Russian IT Companies Amid the COVID-19 Crisis," Risks, MDPI, vol. 11(7), pages 1-20, July.
    7. Yuho Shimizu & Aimi Ishizuna & Shin Osaki & Takaaki Hashimoto & Mitsuharu Tai & Tetsushi Tanibe & Kaori Karasawa, 2022. "The Social Acceptance of Smart Health Services in Japan," IJERPH, MDPI, vol. 19(3), pages 1-11, January.
    8. Muzammil Hussain & Waheed Javed & Owais Hakeem & Abdullah Yousafzai & Alisha Younas & Mazhar Javed Awan & Haitham Nobanee & Azlan Mohd Zain, 2021. "Blockchain-Based IoT Devices in Supply Chain Management: A Systematic Literature Review," Sustainability, MDPI, vol. 13(24), pages 1-23, December.
    9. Ilja Nastjuk & Simon Trang & Elpiniki I. Papageorgiou, 2022. "Smart cities and smart governance models for future cities," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(4), pages 1917-1924, December.
    10. Ke Wang & Yafei Zhao & Rajan Kumar Gangadhari & Zhixing Li, 2021. "Analyzing the Adoption Challenges of the Internet of Things (IoT) and Artificial Intelligence (AI) for Smart Cities in China," Sustainability, MDPI, vol. 13(19), pages 1-35, October.
    11. Vladimir V. Lebedev & Nelia A. Deberdeeva & Natalya A. Farkova & Larisa S. Korobeinikova, 2022. "Systemic Risk Management of Investments in Innovation Based on CSR," Risks, MDPI, vol. 10(5), pages 1-26, April.
    12. Bartosz Radomski & Tomasz Mróz, 2023. "Application of the Hybrid MCDM Method for Energy Modernisation of an Existing Public Building—A Case Study," Energies, MDPI, vol. 16(8), pages 1-18, April.
    13. Mateusz Trzeciak & Paulina Banasik, 2022. "Motivators Influencing the Efficiency and Commitment of Employees of Agile Teams," JOItmC, MDPI, vol. 8(4), pages 1-18, September.
    14. Yuho Shimizu & Shin Osaki & Takaaki Hashimoto & Kaori Karasawa, 2021. "How Do People View Various Kinds of Smart City Services? Focus on the Acquisition of Personal Information," Sustainability, MDPI, vol. 13(19), pages 1-10, October.
    15. Tuomo Eskelinen & Oswald Sydd & Miika Kajanus & David Fernández Gutiérrez & Miguel Mitsou & José M. Soriano Disla & Manuel Vals Sevilla & Johan Ib Hansen, 2022. "Fortifying Social Acceptance When Designing Circular Economy Business Models on Biowaste Related Products," Sustainability, MDPI, vol. 14(22), pages 1-24, November.
    16. Liudmila I. Khoruzhy & Valery I. Khoruzhy & Bogdan S. Vasyakin & Wenhao Shen, 2022. "Program-Targeted Approach to Managing Financial Risks of Sustainable Development Based on Corporate Social Responsibility in the Decade of Action," Risks, MDPI, vol. 10(3), pages 1-20, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jrisks:v:10:y:2022:i:2:p:34-:d:741023. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.