Course Code: ACCT 414

INNOVATIONS FOR ASIA’S SMART CITIES

COURSE DESCRIPTION

The world is rapidly urbanizing. More and more cities around the world are becoming increasingly popular as economic powerhouses and magnets for migrants from the countryside, suburban areas and other parts of the world. All big cities in both First and Third World countries as well as emerging markets such as New York, London, Tokyo, Paris, Shanghai, Hong Kong, Singapore, New Dehli, Jakarta etc. have to cope with high population density and serious challenges such as air pollution or traffic congestion. How do we pack more people into big cities and yet continue to achieve a high quality of life? How do we create and manage ‘good cities’ which are safe, spacious, green, connected, fair and resilient? How can cities create economic wealth while still fulfilling the CSR responsibilities of sustaining a “Green Planet”? What are the best practice designs and technical smart city solutions which could be leveraged to tackle these challenges and how can they be successfully commercialised? This course will provide answers to these questions with special emphasis on the managerial and commercial aspects of smart city concepts.

The key lies in creating and effectively managing innovative and sustainable, smart cities able to leverage on new technologies such as smart grids or sensor networks to create a place where people can live, play and work well. Starting from the stakeholder requirements of citizens and planners of innovative cities, the course will introduce students to urban design concepts as well as commercialization, management challenges and implementation issues of the smart city model. There will also be a focus on how good governance and enabling technologies such as sensor networks can facilitate the creation, management and sustainability of ‘good’ cities.

With the help of case studies and resource persons such as industry leaders, innovative city designers, tech experts and business development experts from local and int. companies such as ST Electronics, JTC, Jurong Consultants, Frost & Sullivan, IDA International, Urban Redevelopment Authority (URA) etc., students will be familiarized with the opportunities and challenges of the ‘smart city business’ which represents a key element in the value creation and extraction strategy of the Singapore Government and related businesses.
 

LEARNING OBJECTIVES

The overall objective of this module is to equip students with core knowledge of appreciating what it takes to plan, design, build and sustain (mega) cities that are innovative and sustainable and to know the challenges of successfully ‘selling’ new smart city concepts amidst increasing competition in this field.

By the end of this course, students will be able to appreciate the following 4 areas:

Taxonomy of Innovative & Sustainable Cities
 

  • Describe the core characteristics of a Smart City and respective concepts
  • Explain the unique characteristics of each component and how it adds value to innovative and sustainable (smart) cities


Design of Innovative & Sustainable Cities

 

  • Understand the planning and design principles of Innovative & Sustainable Cities
  • Explain the workings of each component of Innovative & Sustainable Cities
  • In-depth study of selected (Mega) Cities
  • Be familiar with the challenges of selected mega cities around the globe and understand how the smart city concept can add value in terms of livability


Commercialisation of the Smart City Concept

 

  • Appreciate the challenges in successfully commercializing smart city concepts and applications based on local and international (good practice) examples
  • Know some of the key players in the Singapore context which are involved in this service sector and establish network contacts

 

 

 

INSTRUCTOR (S)

Thomas Menkhoff

Professor of Organisational Behaviour and Human Resources (Education), Lee Kong Chian School of Business

Email: thomasm@smu.edu.sg
Kan Siew Ning

Adjunct Faculty, Lee Kong Chian School of Business

Email: siewningkan@smu.edu.sg

Offering Term(s):

AY 17/18 Term 2,  

PRE-REQUISITE

Nil

WHAT STUDENTS SAY ABOUT ACCT 414

“The project was insightful because we improved our negotiation tactics when dealing with external stakeholder, we learnt how to think outside the box and come up with a truly unique idea to bridge a gap. Overall this module was very helpful!” – Business Student

 

“The role of technology alone is not the only factor in helping make a smart city, rather it is about dealing with the different stakeholders and coming out with solutions that could cater to their needs.” – Economics Student

 

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