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Business Management Research and Innovation Research Groups Tendencies of sustainable development of smart city in forming competitive advantage in the global context

Tendencies of sustainable development of smart city in forming competitive advantage in the global context

The aim of the research to assess the impact of main megatrends by identifying factors (economic, social demographical, environmental etc.) that influence sustainable development of smart cities and their competitive advantage in the global context.
 
Topicality and originality of the research: With an estimated 70% of the world's population predicted to live in cities by 2050, the coming decades will bring further changes which are integrally linked to sustainable cities development. In this context, government must implement policies to ensure sustainable urbanization process. More the city is sustainable, more it is competitive and attractive for expansion of business-companies and people
to live in. These modern smart cities, capable of implementing infrastructures (of water, electricity, gases, transport, etc.) communicating and sustainable to improve citizens’ comfort while developing in the environmental protection. Even more, physical infrastructure, which lays foundation for smart integrated infrastructure, improves life for citizens and requires developing new business, and new governance models. Thus, in order to understand the potential of city’s competitive advantage or the opportunities forming it, it is necessary to determine main factors that drive the sustainable development of city in the global context.
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Methodology employs both qualitative and quantitative methods including analysis and synthesis of scientific literature, descriptive statistics, Granger causality analysis, GMM and OLS regression, factor analysis, and aggregation of multiple indicators.
 
It is expected that research will contribute the generation of new knowledge in a new and under-research area, which may lead to proposing a new methodology for estimating the potential of competitive advantage of smart and sustainable city. The study will come up with some theoretical insights on forming competitive advantage in fast expanding smart and sustainable city. It is also expected to provide comprehensive analysis of the dynamics of new preferences, to collect up-to-date information and provide reliable assessment. Moreover, taking into consideration that with good planning and governance, increasing urbanization can facilitate sustainable development, the insights of the research are expected to be useful for policy – makers.
Smart city, sustainable development, competitive advantage, globalization, sustainability, competition

MEMBERS

Supervisor:
Dr Agnė Šimelytė (CV and publications)
 
Researchers:
Assoc Prof Dr Gitana Dudzevičiūtė (CV and publications)
Assoc Prof Dr Izolda Jokšienė (CV and publications)
Assoc Prof Dr Aušra Liučvaitienė (CV and publications)
Assoc Prof Dr Galina Ševčenko (CV and publications)

MAIN MONOGRAPHS AND PUBLICATIONS

  1. Tvaronavičienė, Manuela; Dudzevičiūtė, Gitana; Šimelytė, Agnė; Antanavičienė Jūratė Gintarė. 2015. Energetically secure and sustainable restructuring: Lithuanian industry in the world context. Omnibus Press, 255 p.
  2. Dudzevičiūtė, G.; Liučvaitienė, A.; Šimelytė, A. 2016. The Application of Smart Cities Concept for Citizens of Lithuania and Sweden: Comparative Analysis (rengiamas spaudai).
  3. Tvaronavičienė Manuela; Šimelytė, Agnė; Lace Natalja. Sustainable development facets: exporting industrial sectors from inside. Journal of security and sustainability issues vol. 3, iss. 4, (2014), p. 37-44.
  4. Šimelytė, Agnė; Antanavičienė, Jūratė Gintarė. Foreign direct investment policy as an instrument for sustainable economic growth: a case of Ireland. Journal of security and sustainability issues Vol. 2, iss. 4 (2013)
  5. Šimelytė, Agnė; Liučvaitienė, Aušra. Foreign direct investment policy–friendly business environment in R&D sectors: Baltic States versus Visegrad countries. Journal of East-West business. Philadelphia : Taylor & Francis, Inc.. ISSN 1066-9868. Vol. 18, no. 1 (2012), p. 66-93.
     
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