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What is Smart Economy

Social, Legal, and Ethical Implications of IoT, Cloud, and Edge Computing Technologies
An economy that is based on technological innovation, resource efficiency, sustainability and high social welfare as engines for success. It adopts innovation, new entrepreneurial initiatives, increases productivity and competitiveness with the overall goal of improving the quality of life of all citizens.
Published in Chapter:
Smart City = Smart Citizen = Smart Economy?: An Economic Perspective of Smart Cities
Elizabeth Frank (Universidad CEU San Pablo, Spain) and Gloria Aznar Fernández-Montesinos (Universidad CEU San Pablo, Spain)
DOI: 10.4018/978-1-7998-3817-3.ch007
With a rapidly growing world population, urban populations are estimated to increase significantly over the next decades. This trend is reason for concern since the planet's resources are limited, and climate change is inherent. This chapter focusses on the question about whether new technologies employed in smart cities can be the answer to current and future needs of a city population. Cutting-edge technological advances are reshaping our ecosystem; transforming society, living, and work environments; transport systems; energy grids; healthcare; communications; businesses; and education. How can cities respond to the multitude of challenges by employing technology and at the same time ensure the public well-being, improve the quality of life of city inhabitants, and make sure that the human is still at the center of decisions?
Full Text Chapter Download: US $37.50 Add to Cart
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Digital Social Innovation for Better Connected Government: The Case of Republic of Macedonia
This is technology based, closely connected and using ICT applications for economic advancement, urban planning, and public health improvement. It brings together higher productivity, efficiency, and competitiveness through increased innovation. It is characterized by many new flexible forms of working and start-ups. Smart economy is expected to generate more products and services with less energy and pollution, and create social benefits. Smart economy in Macedonia should result from improvement of education and promotion of innovation.
Full Text Chapter Download: US $37.50 Add to Cart
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