How Open Innovation Can Help Make Smart Cities a Reality

By • on December 20, 2019

An article on the SmartCitiesWorld website noted that cities can play a unique open innovation role. While tech companies excel at early product development, testing in a predictable lab setting is only the first step. The next step is to place your product in the real world to learn what you do not know. Cities excel at owning and operating infrastructure like roads and sidewalks. They also work with utilities and telecommunications companies to provide basic services to residents. If cities offer sections of their infrastructure to tech companies and convene their largest service providers to do the same, they can create test environments to jumpstart innovation. Smart cities are identifying key stakeholders and partners and bringing them together to collaborate. They are not only open to innovation but are facilitating open innovation in new and exciting ways.

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