IDEAS home Printed from https://ideas.repec.org/a/ids/ijesbu/v42y2021i1-2p93-114.html
   My bibliography  Save this article

Reflections on a SMART urban ecosystem in a small island state: the case of SMART Reykjavik

Author

Listed:
  • Magnus Yngvi Josefsson
  • Runolfur Smari Steinthorsson

Abstract

This conceptual paper explores 'SMART' cities and 'SMART' specialisation. 'SMART' refers to digitally enabled, innovative, progressive, green and sustainable social/technical systems. The focus is on 'SMART' as an interactive innovative ecosystem further illustrated through the concept of triple and quadruple helix systems. The paper argues that a 'SMART' city strategy should aim to build on a uniqueness that can be enabled through tapping and connecting 'SMARTness' to the available assets and resources that enhance and complement the existing ecosystem. The 'SMART' city and 'SMART' specialisation approaches leverage existing human, social and relational capital. They foster redesign and extension of established value chains and further activate and mobilise knowledge and innovation clusters to create more opportunities and development towards a more sustainable urban future. The discussion in this paper is based on SMART Reykjavik, the capital of Iceland. As Iceland is a small island state and Reykjavik a small city, the 'SMARTness' is also addressed in relation to a small island state context.

Suggested Citation

  • Magnus Yngvi Josefsson & Runolfur Smari Steinthorsson, 2021. "Reflections on a SMART urban ecosystem in a small island state: the case of SMART Reykjavik," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 42(1/2), pages 93-114.
    • Handle: RePEc:ids:ijesbu:v:42:y:2021:i:1/2:p:93-114
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=112260
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

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


    Cited by:

    1. Ani MATEI & Elena Alexandra DOBRE, 2021. "Factori cheie si provocari privind guvernanta inteligenta si rolul autoritatilor publice in dezvoltarea ecosistemelor de inovare urbana in cadrul modelului Cvadruplu Helix," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, Faculty of Public Administration, National University of Political Studies & Public Administration, vol. 9, pages 259-276, November.

    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:ids:ijesbu:v:42:y:2021:i:1/2:p:93-114. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=74 .

    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.