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Open AccessFeature PaperArticle

The Smart City Business Model Canvas—A Smart City Business Modeling Framework and Practical Tool

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Chemical Process and Energy Resources Institute, Center for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
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School of Economics, Utrecht University, Kriekenpitplein 21-22, P.O. Box 80125, 3508 TC Utrecht, The Netherlands
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Information Technologies Institute, Centre for Research and Technology Hellas, Thermi, GR-57001 Thessaloniki, Greece
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Author to whom correspondence should be addressed.
Energies 2019, 12(24), 4798; https://doi.org/10.3390/en12244798
Received: 19 November 2019 / Revised: 11 December 2019 / Accepted: 12 December 2019 / Published: 16 December 2019
(This article belongs to the Special Issue Energy Economics and Innovation of Smart Cities)
Cities are challenged with increasing population growth and need to implement smart solutions to become more resilient to economic, environmental, and social challenges posed by ongoing urbanization. This study reviewed business model development frameworks and developed a practical tool to help cities assess business models by adapting components of the Business Model Canvas (BMC) and adding new ones that operationalize the smart city dimensions. The Smart City BMC (SC-BMC) proposed provides a practical framework that supports developing and communicating a more holistic and integrated view of a smart city business model. It also supports creatively innovating toward more sustainable value creation. As a framework, the SC-BMC bridges sustainable value creation for business model development and smart city innovation. View Full-Text
Keywords: smart cities business models; sustainable business models; business model innovation smart cities business models; sustainable business models; business model innovation
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Giourka, P.; Sanders, M.W.J.L.; Angelakoglou, K.; Pramangioulis, D.; Nikolopoulos, N.; Rakopoulos, D.; Tryferidis, A.; Tzovaras, D. The Smart City Business Model Canvas—A Smart City Business Modeling Framework and Practical Tool. Energies 2019, 12, 4798.

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