A potential business environment of a smart cities: a subjective approach in Strategic Outlook in Business and Finance Innovation: Multidimensional Policies for Emerging Economies

Modern cities are divided into some essential dimensions, according to the definitions of smart cities. Smart cities follow innovation-oriented development standards. A smart city combines multiple aspects, which encourage the birth and blossoming of start-ups. The analysis of smart cities according to subjective variables puts in evidence their potential growth, as well as strengths and weaknesses. On the basis of the Eurostat (2015) survey, the present chapter creates a DP2 index that singles out the most attractive cities for business activities.