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Belt and Road Initiative (BRI): New Forms of International and Cross-Industry Collaboration for Sustainable Growth and Development

Author

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  • Anna Visvizi

    (School of Business & Economics, Deree College—The American College of Greece, 153-42 Athens, Greece
    Effat College of Business, Effat University, Jeddah P.O. Box 34689, Saudi Arabia)

  • Miltiadis D. Lytras

    (School of Business & Economics, Deree College—The American College of Greece, 153-42 Athens, Greece
    Effat College of Engineering, Effat University, Jeddah P.O. Box 34689, Saudi Arabia)

  • Peiquan Jin

    (School of Computer Science and Technology, University of Science and Technology of China, Hefei 230026, China)

Abstract

Building on the tradition, promises, and advances brought by the historical Silk Road, the Belt and Road Initiative (BRI), launched by the Chinese government in 2013, has a profound impact on international business and the established forms of international collaboration. Exploiting the advantages of liberalization of trade in goods, services, capital, and public procurement, BRI will benefit the Chinese economy. At the same time, it will prompt substantial changes in the field of international business, e.g., by means of fostering business to business (B2B) and peer to peer (P2P) collaboration. It will also influence patterns of Outward Foreign Direct Investment (OFDI). Geography plays a role in BRI; geopolitics is also in the cards. Given the profound implications BRI is likely to generate in the fields of businesses, economy, society, and politics, it is imperative to frame and streamline the discussion to identify the key mechanisms and causal relationships that it induces. This is precisely what this Special Issue sought to do.

Suggested Citation

  • Anna Visvizi & Miltiadis D. Lytras & Peiquan Jin, 2019. "Belt and Road Initiative (BRI): New Forms of International and Cross-Industry Collaboration for Sustainable Growth and Development," Sustainability, MDPI, vol. 12(1), pages 1-5, December.
    • Handle: RePEc:gam:jsusta:v:12:y:2019:i:1:p:193-:d:301854
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    References listed on IDEAS

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    1. Yuan Li & Hans-Jörg Schmerer, 2017. "Trade and the New Silk Road: opportunities, challenges, and solutions," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 15(3), pages 205-213, July.
    2. W. Travis Selmier, 2018. "The Belt and Road Initiative and the influence of Islamic economies," Economic and Political Studies, Taylor & Francis Journals, vol. 6(3), pages 257-277, July.
    3. Xiao Ruan & Yapa Mahinda Bandara & Jun-Yeop Lee & Paul Tae-Woo Lee & Prem Chhetri, 2019. "Impacts of the Belt and Road Initiative in the Indian subcontinent under future port development scenarios," Maritime Policy & Management, Taylor & Francis Journals, vol. 46(8), pages 905-919, November.
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    Cited by:

    1. Mohammad Ajmal Nikjow & Li Liang & Xijing Qi & Samad Sepasgozar, 2021. "Engineering Procurement Construction in the Context of Belt and Road Infrastructure Projects in West Asia: A SWOT Analysis," JRFM, MDPI, vol. 14(3), pages 1-17, February.

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