ARTICLE

PUBLISHER: INSEAD Knowledge

DATE: April 26, 2016

TITLE OF THE ARTICLE: The Innovation Potential of Human-Centred Cities Category: Economics & Finance

AUTHOR: Dr. Philippe Bouvier

Cities designed around the individual can support sustainable urban development and create lasting value and innovation. Urban value innovations are innovations that create value for the people and support the sustainable development of the city. From a business perspective urban value innovations need to align innovation with utility (improved quality of living in sustainable cities), price (competitive market price) and cost (to produce the product or service). The city of tomorrow should be a “smart” and a sustainable one, where urban value innovations based on human-centered innovations will support social, economic and environmental innovations.

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