The project focuses on researching selected cities in the Czech Republic and Europe by analyzing changes in contemporary socio-economic processes linked to the sharing economy, local culture, industrial culture, and the concept of smart cities. The aim is to project the current state-of-the-art paradigms of evolutionary economic geography and behavioral economics into analyzing their current status and development trajectories, generalizing the results achieved concerning these paradigms in the research areas addressed, including submitting a proposal of solutions for local and regional governments.