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The Effect of Smart City on the Promotion of Entrepreneurship

In: Sustainable Smart Cities - A Vision for Tomorrow

Author

Listed:
  • Jae Eun You
  • Jong Woo Choi

Abstract

As smart cities are early markets, there are many opportunities for new services, technologies, and platforms to enter. The smart city ecosystem is also necessary for sustainable smart cities. The smart city plan can serve as an opportunity for startups to take a new leap forward at a time when various regulations and fierce competition are entering a stagnant period. The brilliant ideas of prospective entrepreneurs have become new vitality in the smart city field. Prospective start-ups will come up with solutions and service ideas for a more convenient and safe life by analyzing market demand and gaps. If there were no various regulations in the smart city and various support policies, chances for start-ups would increase.

Suggested Citation

  • Jae Eun You & Jong Woo Choi, 2023. "The Effect of Smart City on the Promotion of Entrepreneurship," Chapters, in: Amjad Almusaed & Asaad Almssad (ed.), Sustainable Smart Cities - A Vision for Tomorrow, IntechOpen.
    • Handle: RePEc:ito:pchaps:274364
    DOI: 10.5772/intechopen.107996
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    More about this item

    Keywords

    smart city; entrepreneurship; start-ups; innovations; strategies;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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