SMART CITIES: INTEGRATING SMART TECHNOLOGY IN CITY DEVELOPMENT IN THE ECONOMY 5.0 ERA
Keywords:
Smart Cities, Integrating, Smart Technology, City Development, Economy 5.0 EraAbstract
In the Economy 5.0 era, the concept of smart cities is increasingly relevant with the integration of smart technology in urban development. Smart Cities emphasise the importance of using cutting-edge technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), and big data analytics to improve the efficiency, safety, and quality of life of city dwellers. The implementation of this technology enables more effective management in various sectors, including transportation, energy, and health. However, the adoption of smart technology presents challenges such as cybersecurity, data privacy, and digital inequality, which require comprehensive attention and solutions through collaboration between the government, the private sector, and the community. With a holistic and collaborative approach, the integration of smart technology in city development can bring significant benefits to the sustainability and welfare of urban communities.
Downloads
References
Al Nuaimi, E., Al Neyadi, H., Nader, M. A., & Al-Jaroodi, J. (2015). Applications of Big Data to Smart Cities. Journal of Internet Services and Applications, 6(25), 1–15. https://doi.org/10.1186/s13174-015-0041-5
Albino, V., Berardi, U., & Dangelico, R. M. (2015). Smart Cities: Definitions, Dimensions, Performance, and Initiatives. Journal of Urban Technology, 22(1), 3–21.
Angelidou, M. (2014). Smart City Policies: A Spatial Approach. Cities, 41, S3–S11. https://doi.org/10.1016/j.cities.2014.06.007
Batty, M., Axhausen, K. W., Giannotti, F., Pozdnoukhov, A., Bazzani, A., Wachowicz, M., Ouzounis, G., & Portugali, Y. (2012). Smart Cities of the Future. The European Physical Journal Special Topics, 214(1), 481–518.
Bibri, S. E., & Krogstie, J. (2017). Smart Sustainable Cities of the Future: An Extensive Interdisciplinary Literature Review. Sustainable Cities and Society, 31, 183–212. https://doi.org/10.1016/j.scs.2017.02.016
Boote, D. N., & Beile, P. (2005). Scholars Before Researchers: On the Centrality of the Dissertation Literature Review in Research Preparation. Educational Researcher, 34(6), 3–15.
Caragliu, A., Del Bo, C., & Nijkamp, P. (2011). Smart Cities in Europe. Journal of Urban Technology, 18(2), 65–82.
Chieochan, S., & Hossain, E. (2013). Smart Grid Fault Detection and Classification. IEEE Communications Magazine, 51(1), 42–49. https://doi.org/10.1109/MCOM.2013.6476850
Cocchia, A. (2014). Smart and Digital City: A Systematic Literature Review (R. P. Dameri & C. Rosenthal-Sabroux, Eds.; p. 43). Springer.
Cooper, H. M. (2010). Research Synthesis and Meta-Analysis: A Step-by-Step Approach (4th ed.). SAGE Publications Ltd.
Creswell, J. W. (2013). Research Design: Qualitative, Quantitative, and Mixed Methods Approaches (4th ed.). SAGE Publications Ltd.
Dameri, R. P. (2013). Searching for Smart City Definition: A Comprehensive Proposal. International Journal of Computers & Technology, 11(5), 2544–2551. https://doi.org/10.24297/ijct.v11i5.1142
Giffinger, R., & Gudrun, H. (2010). Smart Cities Ranking: An Effective Instrument for The Positioning of The Cities? ACE: Architecture, City and Environment, 4(12), 7–26.
Harrison, C., & Donnelly, I. A. (2011). A Theory of Smart Cities. 55th Annual Meeting of the ISSS-2011, Hull, UK, 1–15. https://doi.org/10.1016/j.future.2010.06.009
IBM Global Business Services. (2009). A Vision of Smarter Cities: How Cities Can Lead the Way into a Prosperous and Sustainable Future. IBM Corporation.
Komninos, N. (2015). The Age of Intelligent Cities: Smart Environments and Innovation-for-all Strategies. Routledge.
Lara, A. P., Araujo, M. L. G., Rocha, P. A., & Rodrigues, J. J. P. C. (2019). Smart and Digital City Solutions. Sustainable Cities and Society, 49, 101565. https://doi.org/10.1016/j.scs.2019.101565
Nam, T., & Pardo, T. A. (2011). Conceptualizing Smart City with Dimensions of Technology, People, and Institutions. Proceedings of the 12th Annual International Conference on Digital Government Research, 282–291. https://doi.org/10.1145/2037556.2037602
Neirotti, P., DeMarco, A., Cagliano, A. C., Mangano, G., & Scorrano, F. (2014). Current Trends in Smart City Initiatives: Some Stylised Facts. Cities, 38, 25–36. https://doi.org/10.1016/j.cities.2013.12.010
Piro, G., Cianci, I., Grieco, L. A., Boggia, G., & Camarda, P. (2014). Information Centric Services in Smart Cities. The 1st International Conference on IoT in Urban Space (Urb-IoT), 1–6. https://doi.org/10.4108/icst.urb-iot.2014.257329
Schaffers, H., Komninos, N., Pallot, M., Trousse, B., Nilsson, M., & Oliveira, A. (2011). Smart Cities and the Future Internet: Towards Cooperation Frameworks for Open Innovation. The Future Internet Assembly, 431–446. https://doi.org/10.1007/978-3-642-20898-0_31
Su, K., Li, J., & Fu, H. (2011). Smart City and the Applications. 2011 International Conference on Electronics, Communications and Control (ICECC), 1028–1031. https://doi.org/10.1109/ICECC.2011.6066743
Zanella, A., Bui, N., Castellani, A., Vangelista, L., & Zorzi, M. (2014). Internet of Things for Smart Cities. IEEE Internet of Things Journal, 1(1), 22–32. https://doi.org/10.1109/JIOT.2014.2306328
Zygiaris, S. (2013). Smart City Reference Model: Assisting Planners to Conceptualize the Building of Smart City Innovation Ecosystems. Journal of the Knowledge Economy, 4(2), 217–231. https://doi.org/10.1007/s13132-012-0089-4
Downloads
Published
Versions
- 2025-02-26 (2)
- 2025-02-26 (1)
Issue
Section
License
Copyright (c) 2025 INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE) © 2024 by Adisam Publihser is licensed under CC BY-SA 4.0