Transport Economics and Management (Dec 2024)

Wheel of change: A systematic literature review on innovation and entrepreneurship in micro mobility solutions

  • T.A. Alka,
  • Aswathy Sreenivasan,
  • M. Suresh

Journal volume & issue
Vol. 2
pp. 154 – 168

Abstract

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Urban transportation is transforming due to advancements in micro-mobility, including sustainable infrastructure, Internet of Things (IoT) applications, and tiny electric vehicles. Entrepreneurs are making the most of these advancements, creating novel means of transportation and negotiating intricate regulatory environments. This study uses a detailed systematic literature review to identify innovation and entrepreneurship opportunities in micro-mobility solutions. The study explores how technology transforms micro-mobility by introducing intelligent, app-based solutions, Internet of Things (IoT) connectivity, and battery innovations. Micro-mobility provides theoretical avenues for examining complex subjects like societal effects and sustainable business models. Technological integration, innovations, and entrepreneurship in micro-mobility solutions have practical implications for reshaping urban transportation. Micromobility solutions play a crucial role in the perspective of sustainability. Analyzing these implications promotes the evolution of micro-mobility solutions in cities by informing practical tactics for entrepreneurs and policymakers, in addition to advancing academic research. The works of literature in the English language available in the various databases are considered for theoretical exploration. The study's novelty is based on the structured literature review on innovations and entrepreneurship in micro-mobility solutions without any time limit. The findings will offer insights into the need to develop and improve micro-mobility solutions to impart sustainability in urban areas.

Keywords