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Who built Songdo, the "world's first smart city?" Questioning technology firms' ability to lead smart city development.

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Název: Who built Songdo, the "world's first smart city?" Questioning technology firms' ability to lead smart city development.
Autoři: Huh, Jeongwha1 (AUTHOR), Sonn, Jung Won2,3 (AUTHOR) j.sonn@ucl.ac.uk, Zhao, Yang2 (AUTHOR), Yang, Seongwon4 (AUTHOR)
Zdroj: Eurasian Geography & Economics. Dec2025, Vol. 66 Issue 8, p966-983. 18p.
Témata: *REAL estate developers, *INFORMATION technology industry, *FIELD research, *LOCAL government, SMART cities, SUSTAINABLE urban development
Korporace: CISCO Systems Inc. 153804570 CSCO
Abstrakt: The media often depicts major information and technology (ICT) firms, such as IBM, Google, and Cisco, as the principal driving forces of smart city development. However, we argue that traditional urban development actors, such as real estate developers and national and local governments, play larger roles. ICT firms have limitations as leaders of major smart city development because of two important factors: 1) financially, the ICT budget is merely a small portion of the total greenfield smart city development budget, and 2) the ICT product lifespans are much shorter than that of the built environment. We explain how these two issues cause several practical problems that are obstacles to ICT firms taking charge of major smart city development. To this end, we refer to findings from an in-depth case study of the Songdo International Business District, which some have dubbed "the world's first smart city," allegedly built by Cisco. [ABSTRACT FROM AUTHOR]
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Databáze: Business Source Index
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Abstrakt:The media often depicts major information and technology (ICT) firms, such as IBM, Google, and Cisco, as the principal driving forces of smart city development. However, we argue that traditional urban development actors, such as real estate developers and national and local governments, play larger roles. ICT firms have limitations as leaders of major smart city development because of two important factors: 1) financially, the ICT budget is merely a small portion of the total greenfield smart city development budget, and 2) the ICT product lifespans are much shorter than that of the built environment. We explain how these two issues cause several practical problems that are obstacles to ICT firms taking charge of major smart city development. To this end, we refer to findings from an in-depth case study of the Songdo International Business District, which some have dubbed "the world's first smart city," allegedly built by Cisco. [ABSTRACT FROM AUTHOR]
ISSN:15387216
DOI:10.1080/15387216.2024.2309879