@article{699540b006bb4ec8a80d2e81553aa567,
title = "Creating business models for smart cities: a practical framework",
abstract = "Smart cities can use business models to evaluate what value they offer citizens by integrating ICT into their infrastructure and services. The article introduces the concept of the {\textquoteleft}city business model{\textquoteright} and proposes a practical framework for analysing it. The City Model Canvas (CMC)—based on the Business Model Canvas for firms—shows the elements that city councils should consider during the design, delivery and assessment of smart services, including the smart service{\textquoteright}s expected economic, environmental and social impacts. An example of how the CMC was used to design an ICT platform in Bristol shows its utility as a planning tool.",
keywords = "Smart cities, business models, digital services, public management, urban governance",
author = "Krista Timeus and {Vinaixa Serra}, J. and Francesc Pardo-Bosch",
note = "Funding Information: The ICT platform in Bristol was commissioned by the City Council, under the Mayor{\textquoteright}s leadership with financial support from the European Commission through the REPLICATE project. The platform{\textquoteright}s design and development are overseen by the City Council{\textquoteright}s City Innovation Team. The ICT platform is still in an early planning and design phase. The team applied the CMC to explore the value proposition of the ICT platform and to explore options to make the platform financially viable and socially and environmentally sustainable and ideally, to establish the foundation for a business case for the ICT platform. Funding Information: This work was supported by the Horizon 2020 Framework Programme [Grant No. 691735 and 731297]. The authors would like to thank the direct and timely collaboration with experts from Bristol City Council, emphasizing the work done by Sarah Lee and Luke Love ridge. They would also like to highlight the collaboration of REPLICATE project and my SMART Life project. Publisher Copyright: {\textcopyright} 2020, {\textcopyright} 2020 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.",
year = "2020",
month = may,
day = "3",
doi = "10.1080/14719037.2020.1718187",
language = "English",
volume = "22",
pages = "726--745",
journal = "Public Management Review",
issn = "1471-9037",
publisher = "Taylor and Francis Ltd.",
number = "5",
}
