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Transformation through digital innovation is becoming an imperative
for every city. The 'Smart City' concept promises to solve the most
urgent queries of progressive urbanization in the area of mobility,
energy, water supply, security, housing deprivation, and inclusion.
Despite the exploitation of existing potential in lighthouse-cities
that include Barcelona, London, Munich, Lyon, and Vienna, the less
tenacious pursuit of smart city possibilities in the majority of
municipalities has resulted in major discrepancies between leading
smart cities and those that are less aspirational. Although the
necessity of action is frequently recognized, an appropriate path
of action remains obscure. Smart Cities: Introducing Digital
Innovation to Cities offers answers, with clarifying examples, to
questions that have remained unanswered for many cities. The book
identifies and addresses the core elements and potential of smart
cities, best practice methods and tools to be implemented, as well
as how diverse stakeholders might be effectively integrated. Based
on perennial international research in the field of smart cities,
this book brings together the authors' collective experience in
practice-based political, administrative, and economic projects to
provide a common framework to guide and engage key stakeholders in
the transformation and realization of smart cities.
Platform business tactics are highly visible and dominant in
business today. Prominent firms in industries such as information
services, retail, and travel, have embraced platform thinking.
Still, many others are engaged in a platform game without realizing
it, often to negative consequences. The Business of Electric
Vehicles: A Platform Perspective develops this theme with an
illustrative focus on the battery electric vehicle segment of the
automobile industry. It traces the development of the industry,
identifies key decisions by various participants, and analyzes
these decisions from a platform strategy lens. The authors
emphasize that platform characteristics and network effects are at
the core of the electric vehicle industry. For electric vehicles,
the two-sided platform nature of the industry underlines the need
for a well-coordinated strategy on both sides of the market. This
analysis reveals that industry participants - vehicle producers,
providers of charging locations, government and policy makers (with
the notable exception of an industry newcomer, Tesla, which has
astutely employed platform thinking in its core decisions) - have
executed a flawed strategy that fails to recognize and leverage the
platform aspect of the industry.
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Emily Henry
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