Toward Developing a Business Model in the Smart City Initiatives

Abstract

This study explores how the smart city initiatives, network society approaches, and the Internet of things applications are developing and advancing to impact and re-shape the human life, organizational performance, and societal culture. It examines various approaches in man machine interactions and integration from an individual level to societal level. In particular, the study analyzes the process of their diffusion, impact on human systems, and opportunities as well as the challenges in their development. Based on the network theories and a sociotechnical perspective, the study plans to develop a theoretical framework that could show how we deploy resources, what we could expect in the future, and what such advances mean to individuals and organizations

Keywords: network society, Internet of Things, Sociotechnical system

JEL Classification: O35