The article presents the concept of intelligent city. Cities are unquestionably central to many topics in economics and regional science: the business location, the driving forces for business, the economic growth factors, externalities and amenities, knowledge spillovers and knowledge hubs. But what, exactly, is city in this context. This paper argues that today city should be seen more as an intelligent economic system allowing the utilisation of economic and public value than a technology- rich and smartly managed place. Thinking about cities through this particular lens allows insights from a variety of fields – including public services analysis in urban economics, regional science studies and business studies in economic geography – to be applied. This opens new approaches to issues such as institutional and territorial origins of governance processes.