Economy is the major driver of Smart City initiatives, and a city with a high degree of economic competitiveness is thought to have one of properties of a Smart City. As well, one of the key indicators to measure growing city competition is the capacity of the city as an economic engine. Giffinger et al. (2007) suggest a Smart City framework consisting of six main components (Smart Economy, Smart People, Smart Governance, Smart Mobility, Smart Environment and Smart Living). Their operational definition of a Smart Economy includes factors all around economic competitiveness as innovation, entrepreneurship, trademarks, productivity and flexibility of the labor market as well as the integration in the national and global market. In this paper, Patna has evaluated as a Smart Economy by an adopted methodology, the methodology and indicators developed by Centre of Regional Science (SRF), Vienna University of Technology, Vienna, Austria on Smart City has been adopted with some modification according to the study area. The analysis of this study is based on secondary data. The secondary data will also be analysed with the help of various useful statistical methods and techniques, different cartographic techniques.

KEY WORDS: Smart Economy, Smart City, Patna.