Special Issue "Economy and Finance in Smart-Cities"

A special issue of Smart Cities (ISSN 2624-6511). This special issue belongs to the section "Smart Business".

Deadline for manuscript submissions: closed (15 February 2022) | Viewed by 11037

Special Issue Editors

Prof. Dr. Isam Shahrour
E-Mail
Guest Editor
Prof. Dr. Fateh BELAID
E-Mail Website
Guest Editor
Lille Catholic University, Faculty of Management, Economics & Sciences.
UMR 9221-LEM-Lille Économie Management, Lille -59016– France
Interests: Investment; Applied Econometrics; Econometric Analysis; Applied Economics; Finance; Innovation; Energy Environment; Economy Risk Management
Prof. Dr. Véronique Flambard
E-Mail Website
Guest Editor
Faculty of Management, Economics and Sciences, Université Catholique de Lille, 59000 Lille, France
Interests: housing and urban economics; energy; applied econometrics; public policies; smart cities; environmental economics
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Smart city is spreading very quickly around the world with the objective to use both digital and social innovation to transform our cities into socio- and eco- friendly cities, that improve the quality of life, optimize resources consumption and promote social and economic activities.

Important researches have already been conducted in the use of digital technology for mart city transformation. However, a successful smart city transformation requires a deep investigation of issues related to the economy and finance of smart cities, such as the economic model, finance mechanisms, economic return of the investment, integration of environmental and social benefits in the economic return and the private and public partnership. In addition, the smart city concept opens large perspectives for innovation in the field of smart finance and smart economy.

The objective of this paper is to publish original papers concerning economics and financing in smart cities with a special interest for feed-back from smart city projects or from related issues such as smart buildings, smart water, smart energy and smart transport. This issue is also interested by innovative concepts and frameworks in the field of Smart Finance and Smart Economy.

Prof. Dr. Isam SHAHROUR
Prof. Dr. Fateh BELAID
Prof. Dr. Véronique FLAMBARD
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Smart Cities is an international peer-reviewed open access quarterly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1200 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • Smart City
  • Economy
  • innovation
  • challenges
  • opportunities
  • Smart Economy
  • Smart Finance
  • Social

Published Papers (6 papers)

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Research

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Article
Outline and Impact of Firms Related to the Third Industrial Revolution: Investigation through Big Data
Smart Cities 2022, 5(2), 522-538; https://doi.org/10.3390/smartcities5020028 - 09 Apr 2022
Viewed by 835
Abstract
This article is focusing on the dynamism of the Third Industrial Revolution (TIR) in the region Hauts-de-France between 2013 and 2018. Region Hauts-de-France has been a forerunner in setting up a proactive policy in favour of the TIR. It provides a relevant and [...] Read more.
This article is focusing on the dynamism of the Third Industrial Revolution (TIR) in the region Hauts-de-France between 2013 and 2018. Region Hauts-de-France has been a forerunner in setting up a proactive policy in favour of the TIR. It provides a relevant and suitable context for the identification of TIR activities. We assess the job dynamism of the TIR through the implementation of big data methods for the identification of the firms involved in the TIR activities and the collection of firm microlevel data. We provide evidence of the strong dynamism of the TIR activities in a context of weak regional dynamics. We show that the growth in employment arises mainly from renewable energies, positive energy buildings, circular economy and energy efficiency. Future researches are encouraged to investigate the quality of employment and to question the distinctive characteristics of the firms involved in TIR. Full article
(This article belongs to the Special Issue Economy and Finance in Smart-Cities)
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Article
Designing Geographic Information System Based Property Tax Assessment in India
Smart Cities 2022, 5(1), 364-381; https://doi.org/10.3390/smartcities5010021 - 16 Mar 2022
Viewed by 1188
Abstract
Property tax is the primary source of revenue for municipal bodies. In India, municipal corporations are facing issues in property tax collection, and the primary reason for it is a lack of count of assessed properties under its jurisdiction. Also, the storage of [...] Read more.
Property tax is the primary source of revenue for municipal bodies. In India, municipal corporations are facing issues in property tax collection, and the primary reason for it is a lack of count of assessed properties under its jurisdiction. Also, the storage of information on the properties is mainly based on manual efforts, which leads to data redundancy and failure to appropriate tax collection. Geographical Information Systems (GIS) consists of technology, personnel, and resources to create, maintain, visualize, search, and share geospatial data and services. The study has been carried out in the Hauz Khas Ward, South Delhi Municipal Corporation, Delhi. This paper aims to develop a spatial database for property tax management. It includes capturing the building footprint, road, land use such as parks, paved area, drains, and demarcation of boundaries such as locality slums, based on a regular grid net with a cell size of 250 m by 250 m. The generated geospatial database has been finally used to evaluate parameters for property tax calculation. Moreover, this spatial database can be organized as different models for any web-based application for municipal services. This study provides a working example of a GIS-based property tax collection solution for whole of India and other South-Asian countries. Full article
(This article belongs to the Special Issue Economy and Finance in Smart-Cities)
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Article
Economic Framework of Smart and Integrated Urban Water Systems
Smart Cities 2022, 5(1), 241-250; https://doi.org/10.3390/smartcities5010015 - 02 Mar 2022
Viewed by 882
Abstract
Smart and integrated urban water systems have important roles in advancing smart cities, but their contributions go much further by supplying needed public services and connecting other sectors to meet sustainability goals. Achieving integration and gaining access to financing are obstacles to implementing [...] Read more.
Smart and integrated urban water systems have important roles in advancing smart cities, but their contributions go much further by supplying needed public services and connecting other sectors to meet sustainability goals. Achieving integration and gaining access to financing are obstacles to implementing smart water systems and both are implicit in the economic framework of smart cities. Problems in financing the start-up of smart water systems are reported often. The local and diverse nature of water systems is another barrier because an approach that works in one place may not work in another with different conditions. The paper identifies the challenges posed by the economic framework and provides examples from four cities with diverse characteristics. It outlines pathways to advance implementation of smart water systems by improving control strategies, advancing instrumentation and control technologies, and most of all, to help transform cities by raising customer awareness and trust through reliable and useful water information. Full article
(This article belongs to the Special Issue Economy and Finance in Smart-Cities)
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Article
New Energy Policy Directions in the European Union Developing the Concept of Smart Cities
Smart Cities 2021, 4(1), 241-252; https://doi.org/10.3390/smartcities4010015 - 09 Feb 2021
Cited by 7 | Viewed by 1555
Abstract
In the context of the European Union promoting clean energy, sustainability and better living conditions for its citizens, the development of smarts cities is an initiative supported at the European Union level, in line with the new energy policies of the European Union [...] Read more.
In the context of the European Union promoting clean energy, sustainability and better living conditions for its citizens, the development of smarts cities is an initiative supported at the European Union level, in line with the new energy policies of the European Union promoted by the package “Clean Energy for All Europeans”. The concept of smart cities gains increasing importance in the European Union, a fact that is reflected in the project “European Innovation Partnership on Smart Cities and Communities” of the European Commission. Smart cities are a practical example of how the new energy policies shape the lives of the European Union citizens, trying to improve it. As a consequence, new business models arise in big cities, involving the use of technology for better living conditions. These new, technology-based business models are important, as they improve the life quality of the inhabitants, they reduce the climate change impact, and they contribute as well to job creation in the IT-industry, promoting innovation. They have as well a social impact, as they bring experts from energy policies, business, economics, legal and IT together in order to project a new type of city—the smart city. The research hypothesis of the present article is that there is a high acceptance towards the concept of smart cities at the European Union level and that this concept could be implemented with the help of information technology and of artificial intelligence. This way, legal provisions, economic measures and IT-tools work together in order to create synergy effects for better life quality of the citizens of the European Union. The research hypothesis is analyzed by means of the questionnaire as a qualitative research method and is as well assessed by using case studies (e.g., Austria, Finland, Romania). The novelty of the case studies is that the development of smart cities is analyzed due to the new trend towards sustainability in two countries with different living conditions in the European Union. Full article
(This article belongs to the Special Issue Economy and Finance in Smart-Cities)
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Article
Linking Dynamic Building Simulation with Long-Term Energy System Planning to Improve Buildings Urban Energy Planning Strategies
Smart Cities 2020, 3(4), 1242-1265; https://doi.org/10.3390/smartcities3040061 - 22 Oct 2020
Cited by 2 | Viewed by 2010
Abstract
The building sector is currently responsible of 40% of global final energy consumption, influencing the broader energy system in terms of new electricity and heat capacity additions, as well as distribution infrastructure reinforcement. Current building energy efficiency potential is largely untapped, especially at [...] Read more.
The building sector is currently responsible of 40% of global final energy consumption, influencing the broader energy system in terms of new electricity and heat capacity additions, as well as distribution infrastructure reinforcement. Current building energy efficiency potential is largely untapped, especially at the local level where retrofit interventions are typically enforced, neglecting their potential synergies with the entire energy system. To improve the understanding of these potential interactions, this paper proposes a methodology that links dynamic building simulation and energy planning tools at the urban scale. At first, a detailed bottom-up analysis was conducted to estimate the current and post-retrofit energy demand of the building stock. The stock analysis is further linked to a broader energy system simulation model to understand the impact of building renovation on the whole urban energy system in terms of cost, greenhouse gas emission, and primary energy consumption up to 2050. The methodology is suited to analyze the relationship between building energy demand reduction potential and clean energy sources’ deployment to shift buildings away from fossil fuels, the key priority for decarbonizing buildings. The methodology was applied to the case study city of Torino, Italy, highlighting the critical role of coupling proper building retrofit intervention with district-level heat generation strategies, such as modern district heating able to exploit low-grade heat. Being able to simulate both demand and supply future alternatives, the methodology provides a robust reference for municipalities and energy suppliers aiming at promoting efficient energy policies and targeted investments. Full article
(This article belongs to the Special Issue Economy and Finance in Smart-Cities)
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Perspective
Disruptive Technologies in Smart Cities: A Survey on Current Trends and Challenges
Smart Cities 2020, 3(3), 1022-1038; https://doi.org/10.3390/smartcities3030051 - 13 Sep 2020
Cited by 21 | Viewed by 3351
Abstract
This paper aims to explore the most important disruptive technologies in the development of the smart city. Every smart city is a dynamic and complex system that attracts an increasing number of people in search of the benefits of urbanisation. According to the [...] Read more.
This paper aims to explore the most important disruptive technologies in the development of the smart city. Every smart city is a dynamic and complex system that attracts an increasing number of people in search of the benefits of urbanisation. According to the United Nations, 68% of the world population will be living in cities by 2050. This creates challenges related to limited resources and infrastructure (energy, water, transportation system, etc.). To solve these problems, new and emerging technologies are created. Internet of Things, big data, blockchain, artificial intelligence, data analytics, and machine and cognitive learning are just a few examples. They generate changes in key sectors such as health, energy, transportation, education, public safety, etc. Based on a comprehensive literature review, we identified the main disruptive technologies in smart cities. Applications that integrate these technologies help cities to be smarter and offer better living conditions and easier access to products and services for residents. Disruptive technologies are generally considered key drivers in smart city progress. This paper presents these disruptive technologies, their applications in smart cities, the most important challenges and critics. Full article
(This article belongs to the Special Issue Economy and Finance in Smart-Cities)
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