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Co-creation of Value Through Collaboration of Government and Companies—Case Study of the Yokohama Smart City Project

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The Smart City and the Co-creation of Value

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Abstract

In this chapter, I will take up the case of the Yokohama Smart City Project (YSCP), a smart city demonstration project conducted in the city of Yokohama. Implemented as one of the projects for the Next-Generation Energy and Social Systems Demonstration project sponsored by the Ministry of Economy, Trade and Industry (METI), the project was initiated entirely by the government. In addition to the city of Yokohama, similar projects were implemented in Toyota City, Keihanna Science City, and the city of Kita Kyushu. Among these, the Yokohama City Project was the largest. A city with a population of 3.7 million people, Yokohama is renowned as one of the world’s most thriving metropolises. It also has a renowned international trade port, the Port of Yokohama, which is one of Japan’s largest commercial and industrial hubs. The Next-Generation Energy and Social Systems Demonstration aims to transform the existing metropolis into a smart city that already has infrastructure, and its main objective is to obtain various data through demonstrations. Participating in the YSCP are major companies representative of Japan such as Toshiba , Hitachi , Panasonic , Nissan Motor , TEPCO and Orix , and it is expected that new value will be created through the integration and resonance of the technologies and know-how the respective companies have.

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Notes

  1. 1.

    For details regarding the Yokohama Smart City Project, the author relied on information in the Master Plan prepared by the Yokohama City Climate Change Policy Headquarters in August 2010.

  2. 2.

    Specific details of project results stated below are based on the Materials for the Next Generation Energy and Social System Meeting by the Ministry of Economy, Trade and Industry, compiled in May 2014.

  3. 3.

    A concept advocated by Amory Lovins of the Rocky Mountain Institute in the United States, negawatt refers to a way of thinking that views surplus electric power achieved through energy saving by customers as being on a par with electric power generated.

  4. 4.

    During its participation in the YSCP demonstrations, this view of Nissan’s was expressed repeatedly by Nissan stakeholders.

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Correspondence to Nobuyuki Tokoro .

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Tokoro, N. (2016). Co-creation of Value Through Collaboration of Government and Companies—Case Study of the Yokohama Smart City Project. In: The Smart City and the Co-creation of Value. SpringerBriefs in Business. Springer, Tokyo. https://doi.org/10.1007/978-4-431-55846-0_5

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