The Networked Society City Index aims to develop a comprehensive evaluation of cities’ ICT maturity and their triple bottom line development. Through a series of reports we have analyzed 25 urban areas around the world from a city, citizen, and now, business perspective. This infographic summarizes the key finding from the report. For more information visit: http://www.ericsson.com/thinkingahead/networked_society/city-life

1. ICT INVESTMENT
IN CITIES DRIVES
BUSINESS
The Networked Society City Index analyzes ICT-driven benefit creation in 25 of the world’s
largest cities. The latest installment in this series focuses on business and the positive
effects that ICT has on innovation and entrepreneurship.
Read the full Networked Society City Index report at:
http://www.ericsson.com/res/docs/2012/networked-society-city-index-report-part-3.pdf
New York, Stockholm, London and singapore
– highly connected and good for business
Comparing cities’ ICT maturity
The City Index evaluates how ICT maturity relates to a city’s social, economic and
environmental development, also known as the triple bottom line. This includes the
availability and performance of ICT infrastructure and it’s associated triple bottom
line benefits. Indicators related to business activities within a city context have been
chosen to reflect the total triple bottom line benefits derived from ICT investments in
a particular city.
6 takeaways
Business benefits from
ICT investment A one percentage point increase in
broadband penetration increases new
There is a continued correlation between ICT maturity
business registration by 3.8 percent.
and triple bottom line benefits.
Source: Broadband and Entrepreneurship, Carlsén
and Zhou, Stockholm School of Economics, 2012
Individuals embrace In Delhi, citizens can engage in
innovation first entrepreneurial activities and receive
payment for their work through Eko,
Benefit creation starts with and is initially driven by a low-value financial
individuals. transaction service completed
using a mobile phone or through a
retail outlet.
ICT strategy drives New York City’s
entrepreneurship business incubators encourage
entrepreneurial activity in that city
Successful business cities all share well-developed ICT while London’s Business Boot
strategies and implementation programs. Camp teaches start-ups the skills
necessary to build successful
business.
Predictable conditions are
good for business New York’s open data initiative and
Businesses benefit from clear legal and fiscal São Paulo’s digital tax filing
frameworks. program for business transactions
are creating more open and
transparent city governments.
Global reputation is
important Cities with higher concentrations
of colleges and universities are more
Top performing cities are competing to attract the best likely to encourage entrepreneurial
brains and entrepreneurs from around the world. activity.
Source: Maddock and Viton, 2008
Transformation still The Skolkovo Innovation
lies ahead Center, outside of Moscow, aims to
Current ICT benefits have been constrained by modernize Russia’s industry through
existing industry boundaries. Real transformation will R&D activities and Singapore is
demand radically different solutions to city challenges. launching its ICT-enabled Intelligent
Energy System to encourage
economic development.
Read the full Networked Society City Index report at:
http://www.ericsson.com/res/docs/2012/networked-society-city-index-report-part-3.pdf
© Ericsson 2012