Quels sont les enjeux au financement des projets Smart City ?
Born, Benjamin
Promotor(s) : Crutzen, Nathalie
Date of defense : 23-Jun-2016/28-Jun-2016 • Permalink : http://hdl.handle.net/2268.2/1414
Details
Title : | Quels sont les enjeux au financement des projets Smart City ? |
Translated title : | [en] What are the main challenges of financing Smart City projects? |
Author : | Born, Benjamin |
Date of defense : | 23-Jun-2016/28-Jun-2016 |
Advisor(s) : | Crutzen, Nathalie |
Committee's member(s) : | Herman, Magali
Dedobbeleer, Philippe |
Language : | French |
Number of pages : | 117 |
Keywords : | [fr] Smart City [fr] Financement [fr] Barrières [fr] Urbanisation [fr] Croissance démographique |
Discipline(s) : | Business & economic sciences > Accounting & auditing |
Target public : | Researchers Professionals of domain Student General public |
Institution(s) : | Université de Liège, Liège, Belgique |
Degree: | Master en sciences de gestion, à finalité spécialisée en Financial Analysis and Audit |
Faculty: | Master thesis of the HEC-Ecole de gestion de l'Université de Liège |
Abstract
[en] Our society is evolving faster than ever and is facing an important transformation. When trying to account for this changeover, two main elements surface. Firstly, the demographic growth is a worldwide and constant phenomenon. Secondly, citizens have been moving to urban areas, following the process of urbanization. However, more than half of the world’s population lives in cities which cannot extend. Europe and Belgium are particularly concerned with this issue, as respectively 70 % and 98 % of their population lives in urban areas.
These rapid changes entail a number of new challenges in various domains, such as education, mobility, environment, natural resources management, safety, culture, urban development and housing. Therefore, the concept of Smart Cities has appeared as the best-suited long-term strategy aiming to face these challenges. Its main goals are to improve citizens’ quality of life and provide a sustainable development of urban ecosystems.
This master’s thesis, entitled « What are the main challenges of financing Smart City projects? », analyses what financing models are used in Belgium for Smart City projects, what the main obstacles are to their funding, and finally, what solutions should be implemented to facilitate the investment and the development of such projects.
After clarifying various theoretical aspects, we will elaborate on the topic through interviews with actors and specialists involved in developing Smart City projects from both private and public sectors, in order to draw a comparison between the theoretical and the practical aspects.
The analysis of theoretical and practical fields has brought two challenges to light. On the one hand, the high need of capital is perceived for the achievement of Smart Cities, while private and public sectors both have limited budgets. On the other hand, there is a lack of expertise and general knowledge on the matter, which results in the risky and complex completion of Smart City projects. In addition, a lack of long-term strategy and consulting between actors has been identified.
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