Innovative Business Models for the Future Smart City

This paper examines how to outline and adopt innovative business models for the Smart Cities of future. are intelligent efficient communities ecosystems employing digital technologies respond a growing waste resources, unsustainable environmental impact, inefficiency in traditional processes. Considering greatest benefits on economies, societies, environment, many countries have now introduced national City projects order transform life, improve operations market competitiveness. However, despite interests towards Cities, it remains still difficult this paradigm due transformation, interaction strategies, social cultural problems. Therefore, aims break down barriers these problems support literature management understand implement profitable Specifically, we identify four main areas characterizing (i.e., Mobility, Living, Energy, Public Ecosystems) where shown greater progress with large savings. For each area, multiple case studies been discussed Business Model Canvases developed generalizing effective methodological approaches toward implementation paradigm. Results threefold. As transformation problems, show (e.g., Cloud, IoT, Big Data AI) applied profitably through models; as strategies indicate organize involving public private actors promote Cities; delineate change communication practices useful instill all stakeholders culture City. With findings at enriching scientific knowledge about Paradigm by means model perspective offer administrations insightful guidelines transition Cities.