(Minor) Group Project #1 Please refer to Annex B on the Scope. (Major) Group Project #2 Group project #2 involves the deep(er) study into good smart city management practices to meet current and future challenges faced by citizens, administrators and stakeholders, e.g. with regard to smart(er) mobility, (better) air quality or climate change. As far as (Major) Group Project #2 is concerned, students have two (2) options: Type A and Type B. Group Project #2 - Type A Project #2 Type A follows the logic of SMU-X projects with a focus on learning as opposed to teaching through a multi-disciplinary, hands-on and connected pedagogy culture. SMU-X strives to foster strong linkages with business and industry, deliver relevant and impactful research, as well as expose students to real world learning. The letter ‘X’ represents many things: experimentation, experiential, excitement, cross-interaction, collaboration and the unknown. The concept of SMU-X includes creating a collaborative mind-set, experiential curriculum and flexible learning space, hence bridging the gap between academia and practice and most importantly, preparing students for the smart nation era. Annex D contains a list of applied Project #2 projects. Students are required to further curate these project ideas based on research and interviews with beneficiaries. Group Project #2 - Type B Project #2 Type B projects give students the option to focus a project solely on the commercial aspects of a smart city innovation. This would imply developing a plausible outline of a business plan (commercial strategy / canvas) which could be deployed by the management of a technology firm (e.g. with special
4 SMU Classification: Restricted expertise in smart LED lighting systems or sensors) in order to find a buyer/customer. Here students would be expected to take on the perspective of a business leader eager to successfully leverage a new smart city-related technology which could help to make a city ‘smarter’ (e.g. think of a mobile storage facility for capturing solar energy) on the basis of ‘good financial engineering’ (e.g. new funding mechanisms such as crowd financing) and/or new contractual models of Public Private Partnerships (PPP) in order to attract private capital in support of such a new smart city initiative. The end goal would be to demonstrate the viability of your novel business idea. This would also imply to address some of the many barriers and risks of utilizing smart city technological solutions such as high risk perceptions or high public deficits in case your customer is a City Government in a developing country in Asia. Each team is required to do a 15-minute presentation in class in Week 13 and to submit an infographic poster summarizing the key project findings / components of the proposed business plan (further details will be announced in class; softcopy of powerpoint slides to be submitted at the beginning of the presentation in class).
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