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Creating business models for smart cities: a practical framework

Author

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  • Krista Timeus
  • Jordi Vinaixa
  • Francesc Pardo-Bosch

Abstract

Smart cities can use business models to evaluate what value they offer citizens by integrating ICT into their infrastructure and services. The article introduces the concept of the ‘city business model’ and proposes a practical framework for analysing it. The City Model Canvas (CMC)—based on the Business Model Canvas for firms—shows the elements that city councils should consider during the design, delivery and assessment of smart services, including the smart service’s expected economic, environmental and social impacts. An example of how the CMC was used to design an ICT platform in Bristol shows its utility as a planning tool.

Suggested Citation

  • Krista Timeus & Jordi Vinaixa & Francesc Pardo-Bosch, 2020. "Creating business models for smart cities: a practical framework," Public Management Review, Taylor & Francis Journals, vol. 22(5), pages 726-745, May.
    • Handle: RePEc:taf:rpxmxx:v:22:y:2020:i:5:p:726-745
    DOI: 10.1080/14719037.2020.1718187
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    Cited by:

    1. Mora, Luca & Gerli, Paolo & Ardito, Lorenzo & Messeni Petruzzelli, Antonio, 2023. "Smart city governance from an innovation management perspective: Theoretical framing, review of current practices, and future research agenda," Technovation, Elsevier, vol. 123(C).
    2. Bencsik, Barbara & Palmié, Maximilian & Parida, Vinit & Wincent, Joakim & Gassmann, Oliver, 2023. "Business models for digital sustainability: Framework, microfoundations of value capture, and empirical evidence from 130 smart city services," Journal of Business Research, Elsevier, vol. 160(C).
    3. Leonidas G. Anthopoulos & Dimitrios N. Tzimos, 2021. "Carpooling Platforms as Smart City Projects: A Bibliometric Analysis and Systematic Literature Review," Sustainability, MDPI, vol. 13(19), pages 1-29, September.
    4. Angelidou, M. & Politis, C. & Panori, A. & Bakratsas, T. & Fellnhofer, K., 2022. "Emerging smart city, transport and energy trends in urban settings: Results of a pan-European foresight exercise with 120 experts," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    5. Insaf Khelladi & Sylvaine Castellano & David Kalisz, 2020. "The smartization of metropolitan cities: the case of Paris," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1301-1325, December.
    6. Bertella, Giovanna & Lupini, Sara & Rossi Romanelli, Cecilia & Font, Xavier, 2021. "Workshop methodology design: Innovation-oriented participatory processes for sustainability," Annals of Tourism Research, Elsevier, vol. 89(C).
    7. Wang, Mengmeng & Zhou, Tao, 2022. "Understanding the dynamic relationship between smart city implementation and urban sustainability," Technology in Society, Elsevier, vol. 70(C).
    8. Gabriel Puron-Cid & J. Ramon Gil-Garcia, 2022. "Are Smart Cities Too Expensive in the Long Term? Analyzing the Effects of ICT Infrastructure on Municipal Financial Sustainability," Sustainability, MDPI, vol. 14(10), pages 1-23, May.
    9. Ilaria Marotta & Francesco Guarino & Sonia Longo & Maurizio Cellura, 2021. "Environmental Sustainability Approaches and Positive Energy Districts: A Literature Review," Sustainability, MDPI, vol. 13(23), pages 1-45, November.
    10. Pandwe Aletha Gibson, 2023. "Shortening the Supply Chain through Smart Manufacturing and Green Technology," Sustainability, MDPI, vol. 15(22), pages 1-10, November.
    11. Andrey VERSHITSKY & Maria EGOROVA & Svetlana PLATONOVA & Irina BEREZNIAK & Еlena ZATSARINNAYA, 2021. "Municipal Infrastructure Management Using Smart City Technologies," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 16(1), pages 20-39, February.
    12. Radosław Malik & Anna Visvizi & Orlando Troisi & Mara Grimaldi, 2022. "Smart Services in Smart Cities: Insights from Science Mapping Analysis," Sustainability, MDPI, vol. 14(11), pages 1-16, May.

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