@article{gorodnova2018international,
  title = {International and Russian Experience  Of Smart City Concept Implementation},
  author = {Natalia Vasilievna Gorodnova and Alexey Vladimirovich Krupkin and Anastasiya Alekseevna Peshkova},
  year = 2018,
  url = {https://ibimapublishing.com/articles/JEERBE/2018/207606/},
  journal = {Journal of Eastern Europe Research in Business and Economics},
  volume = 2018,
  pages = 10,
  doi = 10.5171/2018.207606,
  abstract = {Purpose: Smart city concept implementation is one of the prioritized goals for economically developed countries. This concept is based on the use of information technology in the design and construction of infrastructure facilities. This approach leads to the development of investment and construction sphere and allows using an effective system of urban space and resource consumption management. The main purpose of this article is to systematize foreign and Russian experience in smart city concept implementation, including analyzing the current position and future prospects of the industry development. Design/methodology/approach: Basing on the analysis and synthesis methods, the authors considered some significant investment projects of creating “smart cities” in Singapore, China, Portugal, the United Arab Emirates and Russia; determined the social and economic effects from the projects implementation. Besides, the authors used investment modeling and SWOT analysis to access efficiency of implementation of smart technology concept elements in the everyday environment of Russia on the example of project of creating a “smart mini coffee shop/bakery”. Findings: The research shows some large smart city projects are being realized according to international and Russian experience (e.g. the Smart Nation Singapore, the Sino-Singapore Tianjin Eco-city, the PlanIT Valley in Portugal, the Masdar City in the United Arab Emirates, the Southern Satellite City in Russia). Besides, some elements of the concept are implemented in the existing urban space. In the future, smart cities will be one of the main sources of social and the economic well-being of developed and developing countries. The smart city concept implementation depends on the amount of state support, the interest of private sector entities in project participation as well as the reduction of various risks associated with the widespread use of information technologies (cyberattacks and pollution of the information space). Research/practical implications: This study may be useful for scientific community members and experts of analytical centers who are professionally interested in smart city concept implementation as well as experts of big companies, small and medium businesses in the investments and construction sphere.
 },
  keywords = {digital economy, smart technologies, smart city, smart coffee shop/bakery. },
  note = Article ID: 207606
}