The city of Amsterdam in the Netherlands is well-known for its belief that nearly everything should be legalized. However, it is also now known as one of the most innovative cities on the planet. In fact, they won the European Commission’s iCapital Competition in 2016. The panel of independent experts judged nine cities based on four main categories. Those were governance, economics, social inclusion, and quality of life. They won on the basis that Amsterdam provides a great climate for start-ups and a nice sharing economy that allows a bottom-up approach. Thereby giving rise to smart growth, livability, and digital social innovation
[Image via Olena Z/Shutterstock.com]Amsterdam is now considered a “smart city,” and its initiatives have led to economic growth. Along with that, they have efficiently used their natural resources and helped them develop a very high quality of life metric. They are committed to pushing business models revolving around smart housing, open data, smart grids, home energy storage, connectivity, and smart mobility. The city has also avoided the pitfalls of many other nations that try to get a leg up. They avoided polluting their environment by putting corporations second, and people first. Big technology innovation is still taking place, just not at the expense of the citizens.