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Development of a Smart City and its Adoption and Acceptance: the Case of New Songdo

Author

Listed:
  • Nir KSHETRI

    (The University of North Carolina at Greensboro)

  • Lailani L. ALCANTARA

    (Ritsumeikan Asia Pacific University)

  • Yonghoon PARK

    (Ritsumeikan Asia Pacific University)

Abstract

South Korea's new Songdo city provides a spectacular example of a smart city, which is developed as an aerotropolis, and a ubiquitous city (U-City). An intriguing aspect of the development of the new Songdo city is that supportive formal and informal institutions are the primary reason why the U.S.-developed smart city technologies have been first implemented in Korea rather than anywhere else. Nonetheless, these institutions also pose challenges that are yet to overcome. This article aims to provide new insights into how formal and informal institutions have shaped the development of the new Songdo city and its adoption and acceptance by the targeted end users.

Suggested Citation

  • Nir KSHETRI & Lailani L. ALCANTARA & Yonghoon PARK, 2014. "Development of a Smart City and its Adoption and Acceptance: the Case of New Songdo," Communications & Strategies, IDATE, Com&Strat dept., vol. 1(96), pages 113-128, 4th quart.
    • Handle: RePEc:idt:journl:cs9606
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    File URL: http://repec.idate.org/RePEc/idt/journl/CS9606/CS96_KSHETRI_et_al.pdf
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    References listed on IDEAS

    as
    1. Nadim Ahmad & Anders Hoffman, 2008. "A Framework for Addressing and Measuring Entrepreneurship," OECD Statistics Working Papers 2008/2, OECD Publishing.
    2. Saeed Parto, 2005. "Economic Activity and Institutions: Taking Stock," Journal of Economic Issues, Taylor & Francis Journals, vol. 39(1), pages 21-52, March.
    3. Geoffrey M. Hodgson & Warren J. Samuels & Marc R. Tool (ed.), 1994. "The Elgar Companion to Institutional and Evolutionary Economics," Books, Edward Elgar Publishing, volume 0, number 228.
    4. Bruno Dallago, 2002. "The Organizational Effect of the Economic System," Journal of Economic Issues, Taylor & Francis Journals, vol. 36(4), pages 953-979, December.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Kshetri, Nir, 2016. "Big data’s role in expanding access to financial services in China," International Journal of Information Management, Elsevier, vol. 36(3), pages 297-308.
    2. Kshetri, Nir, 2017. "The evolution of the internet of things industry and market in China: An interplay of institutions, demands and supply," Telecommunications Policy, Elsevier, vol. 41(1), pages 49-67.
    3. Mun-su Park & Hwansoo Lee, 2020. "Smart City Crime Prevention Services: The Incheon Free Economic Zone Case," Sustainability, MDPI, vol. 12(14), pages 1-13, July.
    4. Shin, Dong-Hee, 2016. "Demystifying big data: Anatomy of big data developmental process," Telecommunications Policy, Elsevier, vol. 40(9), pages 837-854.

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    More about this item

    Keywords

    smart city; new Songdo city; South Korea; formal and informal institutions; ubiquitous city; aerotropolis.;
    All these keywords.

    JEL classification:

    • L5 - Industrial Organization - - Regulation and Industrial Policy
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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