Week 5: Innovation and enterprise
Lorraine starts this week with some impressive facts and figures on the smart city market.
You’ve seen what smart cities are, why they exist and what makes them successful. But who funds them, and what is the data economy? And have you thought about the ways that data can enable society to participate in tackling major issues through social innovation? An example is citizens contributing to cancer research through computer games using shared data.
In this crucial week you will meet users, suppliers and funders. You will engage with risk, open data and civic hackers. You will move forward your own smart cities project by learning about finance and open data business models, and by weighing up the benefits of hackathons and digital social innovation.
By the end of this week, you should be able to:
- discuss smart city opportunities and how they can be financed
- explore how data-driven innovation contributes to economic growth in smart cities
- identify ways in which digital social innovation can contribute to smart cities.