Integrated intelligent systems and value creation: Results from the public transport

Abstract

Public transport contributes to the welfare of the citizens and improves the social development of the countries. The contribution of Public Transport to the GNP is estimated to be around 1% in Europe. Worldwide, local authorities dedicate between 15 to a 20 per cent of their yearly budget to urban transport. Intelligent Transport Aid Systems (ITA Systems) are integral real time control systems for monitoring transportations networks. The main objective of this research consists of examining the relationship between the investments in Integrated Intelligent Transport Aid Systems (ITA Systems) and Value Creation in Urban Bus Companies. Results show that the investment in Intelligent Transport Aid Systems created value and generates a better performance in firms operating urban transport along time. © 2011 Springer-Verlag.