2021 (18), №3

Innovative Potential of the Smart City

13.09.202114 сентября, 2021Без комментариев



For citation: 

Semyachkov, K. A. (2021). Innovative Potential of the Smart City. Zhurnal Еkonomicheskoj Тeorii [Russian Journal of Economic Theory], 18(3), 474-484. https://doi.org/10.31063/2073-6517/2021.18-3.11.


This study aims to systematize the main factors of the smart city model that affect the increment of the territorial innovative potential. The development of digital technologies and new forms of socio-economic interactions built on their basis has a significant impact on urban transformations and the innovative processes associated with the development of the urban environment. Methodologically, the study relies on a system logical analysis of Russian and international publications in this field. The study reveals the features of the smart city model that significantly increase the innovative potential of modern cities. It is shown that the smart city model enhances the effect of the factors that can significantly increase the innovative potential of a territory. The main factors of innovative development include the availability of digital infrastructure, the development of high-tech businesses and creative industries, social integration, and so on. The study has both theoretical and practical significance and its findings can be used in further research on the topic of smart cities and innovative development.

Konstantin A. Semyachkov — PhD in Economics, Research Scientist, Institute of Economics of the Ural branch of Russian Academy of Sciences; https://orcid.org/0000–0003–0998–0183 (29, Moskovskaya St., Ekaterinburg, 620014, Russian Federation, 29; e-mail: k.semyachkov@mail.ru).