ABSTRACT. The aim of this paper is to synthesize and analyze existing evidence on Internet of Things-enabled smart cities. Using and replicating data from Bloomberg Intelligence, ESI ThoughtLab, Frost & Sullivan, KPMG, and McKinsey, we performed analyses and made estimates regarding big data-driven decision-making processes in the knowledge-based urban economy. Data were analyzed using structural equation modeling.
Keywords: smart; city; big data; urban economy; Internet of Things; decision-making
How to cite: Watson, A., Musova, Z., Machova, V., and Rowland, Z. (2020). “Internet of Things-enabled Smart Cities: Big Data-driven Decision-Making Processes in the Knowledge-based Urban Economy,” Geopolitics, History, and International Relations 12(1): 94–100. doi:10.22381/GHIR12120209
Received 7 March 2020 • Received in revised form 20 June 2020
Accepted 22 June 2020 • Available online 27 June 2020