This work investigates the experimental hypothesis of the influence of innovation financing and innovation collaboration systems on the evolution of the Smart Urban Development (SUD) level. The multiple regression analysis method was adopted, considering the main formal sources of innovation incubation financing, in addition to the indicators of Open and Close Innovation practices among young companies. The research was concentrated in 66 cities on the European continent based on longitudinal data for the period from 2008 to 2014. The results reveal that there is a significant effect of the innovation incubation financing system on the evolution of the SUD level, with this system being identified as private sponsorship, as venture capital sponsorship, and as sponsorship by higher education entities. Public financing and PPP financing did not have a significant influence on the evolution of the SUD level, although some studies highlight the importance of these sources for smartization projects.

这项工作调查了创新融资和创新协作系统对智慧城市发展 (SUD) 水平演变的影响的实验假设。采用多元回归分析方法，考虑创新孵化融资的主要正式来源，以及年轻公司的开放式和封闭式创新实践指标。基于2008-2014年纵向数据，研究集中在欧洲大陆的66个城市。结果表明，创新孵化融资体系对SUD层面的演变有显着影响，该体系在被认定为私人赞助、风险投资赞助和高等教育实体赞助。