The concept of smart city as an element of urban development

Abstract:

The concept of an intelligent city is a modern idea of ​​urban development that is a response to progressive urban processes. A city functioning in a thoughtful way, using its strengths and facing emerging opportunities, i.e. an intelligent city, is safe for its clients and other stakeholder groups in the context of quality and standard of living that develop sustainably - economically, ecologically and socially. A smart city thanks to information and communication technologies more effectively using the available resources to improve the city's quality of life and support its development development. The aim of the article is to present the assumptions and possibilities of using a smart city in the process of urban development. In the list of ideal smart city ratings, the benefits and risks of using it. In the process of testing formulated econometric modeling. The article also deals with the key aspects of the development of modern cities, which primarily concern the creation of housing, the development of creative development and providing stimuli to the original shape of new urban spaces and implemented in these social functions.