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Most smart city projects are first and foremost real estate
developments, whereby they rely mainly on real estate sales and
rentals to eventually repay the capital providers.
Furthermore, they are developed according to a great variety
of institutional and financial arrangements. The most efficient
smart city solutions integrate different systems and local actors
together, and this implies a complex institutional framework.
Data is coordinated horizontally across various departments and
vertically across core systems.
4. WHAT IS THE INSTITUTIONAL FRAMEWORK?
Implementation + Financing + Collaboration
"
The concept of Smart Cities is like art:
the context is more important than the product.
"
Ger Baron, Amsterdam Innovation Motor
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i10 |
Smart urbanism