Abstract
Purpose: Bring to light the risks of smart cities and the perspectives of their management. It has been discovered that smart cities are created and developed under the impact of not only technological factors but also social factors. The connection between smart cities and quality of life is systemic (direct and reverse)—the quality of life also specifies the creation and development of smart cities. The impact of the COVID-19 pandemic on the development of smart cities is almost null (smart cities do not depend on the implementation of SDG 3). This paper’s originality lies in the description of a new angle of studying smart cities—from the position of risks, and in the determination of the current level of these risks and the dynamics of their change during systematisation and description of the wide international experience of creation and development of smart cities. This paper’s uniqueness lies in the development of a new approach to managing the creation and development of smart cities, which is based on corporate social responsibility, thus specifying and ensuring the involvement and important role of the subjects of entrepreneurship in this process. It is proved that the contribution of smart cities to the implementation of the SDGs is much wider and goes beyond the limits of SDG 9—it also extends to SDG 1 and SDGs 11–13.
Highlights
A smart city is a progressive model of the technocratic urban environment, a cyberphysical system at the city level
The transition from traditional cities to smart cities is a strategic initiative of the modern economic systems, which is joined by the growing number of cities around the world
Together with advantages, there are risks of smart cities, without the consideration of which the smart cities concept is not complete and correct. This leads to the following research question: What are the risks of smart cities and perspectives of risk management? To answer this question, using the existing works (Chiang 2021; Radziejowska and Sobotka 2021; Shimizu et al 2021), which note that the creation of smart cities requires a certain social readiness and social support, this paper suggests the following hypothesis: quality of life is not just a function of smart cities and the condition of their creation and development
Summary
A smart city is a progressive model of the technocratic urban environment, a cyberphysical system at the city level. The transition from traditional cities to smart cities is a strategic initiative of the modern economic systems, which is joined by the growing number of cities around the world. The creation of smart cities means support of the national strategy of the digital economy’s development and the transition to Industry 4.0, as well as overcoming spatial disproportions (socio-economic inequality) and well-balanced development of territories within a country. The advantages include the overcoming of the shadow economy and prevention of violations of law, as well as the increase in the general level of predictability and safety of the city environment as a socio-economic system. The creation of smart cities leads to a significant increase in the competitiveness of territories—their attractiveness for doing business, placement of investments, living (residents do not leave the city and demographic problems are solved), and work (inflow of skilled personnel—labour migrants)
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