Welcome to the InfoSci Platform
Smartness, City Efficiency, and Entrepreneurship Milieu

Smartness, City Efficiency, and Entrepreneurship Milieu

Luigi Mundula, Sabrina Auci
Copyright: © 2019 |Pages: 26
ISBN13: 9781522570301|ISBN10: 1522570306|EISBN13: 9781522570318
DOI: 10.4018/978-1-5225-7030-1.ch006
Cite Chapter Cite Chapter

MLA

Mundula, Luigi, and Sabrina Auci. "Smartness, City Efficiency, and Entrepreneurship Milieu." Smart Cities and Smart Spaces: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, IGI Global, 2019, pp. 109-134. https://doi.org/10.4018/978-1-5225-7030-1.ch006

APA

Mundula, L. & Auci, S. (2019). Smartness, City Efficiency, and Entrepreneurship Milieu. In I. Management Association (Ed.), Smart Cities and Smart Spaces: Concepts, Methodologies, Tools, and Applications (pp. 109-134). IGI Global. https://doi.org/10.4018/978-1-5225-7030-1.ch006

Chicago

Mundula, Luigi, and Sabrina Auci. "Smartness, City Efficiency, and Entrepreneurship Milieu." In Smart Cities and Smart Spaces: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, 109-134. Hershey, PA: IGI Global, 2019. https://doi.org/10.4018/978-1-5225-7030-1.ch006

Export Reference

Mendeley
Favorite

Abstract

The definition of smart city and its measurement are not shared. Different characteristics define a city as smart, which is strictly linked to urban efficiency and to entrepreneurship spirit in a multifaceted way as well as to citizens' well-being. On the basis of the comparison between city and entrepreneur behaviour and on the definition of Giffinger et al. (2007) of smart city, this chapter verifies the efficiency of a sample of European cities using a stochastic frontier approach. Departing from this analysis, the chapter develops the relative smartness definition based on the efficient use of its own resources and related to the different context. Moreover, as a city becomes close to the optimal value, the frontier will shift upward because of the more attractiveness and a new adjustment mechanism should be followed to become efficient again (virtuous cycle). Then, the concept of smartness becomes dynamic. This definition, taking into account city's performance, is able to sustain the entrepreneurship milieu of a city.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.