Urban infrastructure development in a global knowledge-based economy

Evelina Sycheva,Artur Budagov,Andrey Novikov,T Kliestik

doi:10.1051/shsconf/20207403013

Abstract

The challenge of globalization process is the emergence of “new economy” in which the knowledge-based economy is of great importance. The factor of the knowledge-based economy is growing under the influence of scientific and technological revolution and involvement in globalization. The article analyzes the relationship of changingtechnological paradigms of social-economic development with sustainable development of urban infrastructure. The challengesof the Sixth (according to the classification of S. Yu. Glaziev)paradigm of the technological revolution with widespread introduction of digitalizationare specified. Up-to-date aspects of management of urban infrastructure development with use of “Smart City” advanced intellectual information technologies are considered. The study provides a reinterpretation of modern methods of management of urban infrastructure development in connection with the emergence of digital information and communication technologies. Knowledge management, including human capital assets management, representing the creative potential of people, plays an important role for “smart management”. It is proved that intellectual resources have greater value and competitive advantages than material resources. It is justified that with the development of globalization and digitalization of society, sustainable development of urban infrastructure is based on the use of knowledge-based capital.

Highlights

The idea of technical and economic development as a process of changing technological paradigms allows to measure the processes of long-term economic development
It is generally believed that the information revolutionstarts at the end of the third and at the beginning of the fourth technological paradigms with the emergence of electronic computing machines (ECM) which operate with numbers without human intervention by generating and transmitting information
A new sixth technological paradigm is coming into force, the transition to which is carried out through the technological revolution, which radically increases the efficiency of the main directions of economic development - the use of nanotechnology in all areas, including, in particular, urban infrastructure

Summary

Introduction

The idea of technical and economic development as a process of changing technological paradigms allows to measure the processes of long-term economic development. The results of these measurements using the materials of specific historical empirical studies of the world and Russian economy revealed the formation and change of five technological paradigms, as well as provided an insight into the structure of the new sixth technological paradigm, the development of which will determine economic growth in the 2-3 decades (Fig.1) [1]

Information revolution

Conclusions