The value propositions of Smart City Mobility projects

Public city administrators who have been seeking to reduce traffic congestion and pollution, while improving livability and economic competitiveness, via increased investment in promising Smart City (SC) Mobility solutions. However, despite scholarly interest and booming market of solutions and technologies, there is still the need to unlock the value that SC Mobility projects can bring and to understand how these projects define and deliver value. To this end, this study presents an empirical analysis of 300 mobility projects internationally. Projects are scrutinized according to a business model framework and the variety of project characteristics are analyzed. Classification of business modeling characteristics of SC Mobility projects is given, illustrating the main benefits and objectives of smart mobility projects and how such value is generated and distributed among stakeholders. The resulting implications are two-fold. First, it helps scholars with a common business model reference to evaluate SC Mobility projects. Second, it supports the decision-making processes of both public and private organizations and acts as a best practice guide for design and implementation of innovative SC Mobility projects.