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Financial Instruments and Business Models for Intelligent Transport Systems Deployment

Author

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  • Christina Nikolova

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The article addresses the business and economic issues related to the deployment of intelligent transport systems. It discusses their development aspects and the framework for business-models suitable for their deployment. The potential stakeholders are identified and their interests in ITS projects implementation are analyzed. A framework for business-models application is concluded in the article. It consists of five main elements, as follows: products and services, infrastructure management, customers� relations, financial aspects and stakeholders trust. Based on this framework, an appropriate e-business models for different priority areas of ITS deployment are systematized. The necessity of further study on the feasible business models are outlined and expedient approaches for economic research such as data gathering and processing through questionnaires, interviews and simulation modelling are concluded.

Suggested Citation

  • Christina Nikolova, 2017. "Financial Instruments and Business Models for Intelligent Transport Systems Deployment," Ikonomiceski i Sotsialni Alternativi, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 5-21, April.
    • Handle: RePEc:nwe:iisabg:y:2017:i:2:p:5-21
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    More about this item

    Keywords

    intelligent transport systems; financial instruments; business models;
    All these keywords.

    JEL classification:

    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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