Anthopoulos, L. and Janssen, M. (in press). Business Model Canvas for BOLD in Smart and Circular Cities. IEEE Computer, DOI: 10.1109/MC.2022.3194634.

Data has become a key asset for “Smart Cities” [SC], especially within their emerging circular orientation (“Smart and Circular Cities” [SCC]). Local organizations are struggling to capture the different types of value that are generated from “Big and Open Linked Data” [BOLD]. However, there are no specific methods to guide them in creating, capturing, and utilizing BOLD. This paper introduces a business model canvas for BOLD in SCC. The introduced canvas is structured from literature findings and tested by experts in the SC field coming from large-scale European cases. The results compose the foundation of a new BOLD-based SCC business model that generates societal, business, and public values derived from data and the corresponding collection and processing activities. These value propositions are transferred to the local ecosystem via engagements and technological assets, which generate value streams.