Investing Smart Cities: Portfolio Approach

By Ziroat Tosheva
Masters’ Program in Finance
MFN 191

RESEARCH SEMINAR IN FINANCE

HIGHER SCHOOL OF ECONOMICS

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 1.1 Research question
How can different levels of government to build smart cities—and what grouping of existing and
new approaches occur to fund and finance smart cities?

1.2 Research objectives

1. Existing new approaches for funding smart cities
2. Identify the financing sources of smart cities
3. Explore the new partnership models for smart cities

2.1 Research approach

The research is based on deductive approach. According to Mckinsey Global Institute (2018),
this approach let the researcher to move from literature to data. The reader will have opportunity
to have basic but more detailed understanding of the topic. Moreover, deductive approach
allowed explaining how are the federal, state, local government, and private sector currently
involved in smart cities? The analyses were based on the theories of funding and/or financing
methods of cities. Purpose of the current study encompasses theoretical framework of creating
smart city by different levels of government, industry, and other non-governmental entities.