IDEAS home Printed from https://ideas.repec.org/a/spr/ajossr/v4y2019i1d10.1186_s41180-018-0021-3.html
   My bibliography  Save this article

The new silk road and its potential for sustainable development: how open digital participation could make BRI a role model for sustainable businesses and markets

Author

Listed:
  • Peter Seele

    (USI Lugano)

  • Christoph D. Jia

    (Linya International Strategic Foresight)

  • Dirk Helbing

    (ETH Zurich
    Complexity Science Hub Vienna
    Technical University Delft)

Abstract

China’s New Silk Road (aka Belt and Road Initiative (BRI)) will invest a 1 trillion USD budget across Asia, Africa and Europe. As BRI wants to contribute also to sustainable development, the authors argue that only open digital participation of all citizens, corporations and governments and the collective intelligence, collaborative innovation and co-creation will make BRI a global role model for sustainability. For a highly networked, globalized, complex and digitalized world with limited resources the key ingredients for sustainable success are the following 10Cs: co-thinking, co-working, co-learning, co-creation, combinatorial innovation, co-ownership, co-ordination, co-operation, co-evolution, and collective intelligence. By linking BRI with digital infrastructures and corporate data management systems, a coordinated but distributed effort may be achieved with positive effects on social responsibility and sustainability for supply chains, data management, corporate reporting and regulatory issues.

Suggested Citation

  • Peter Seele & Christoph D. Jia & Dirk Helbing, 2019. "The new silk road and its potential for sustainable development: how open digital participation could make BRI a role model for sustainable businesses and markets," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 4(1), pages 1-7, December.
    • Handle: RePEc:spr:ajossr:v:4:y:2019:i:1:d:10.1186_s41180-018-0021-3
    DOI: 10.1186/s41180-018-0021-3
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1186/s41180-018-0021-3
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1186/s41180-018-0021-3?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Dirk Helbing & Peter Seele, 2017. "Turn war rooms into peace rooms," Nature, Nature, vol. 549(7673), pages 458-458, September.
    2. C. A. Hidalgo & B. Klinger & A. -L. Barabasi & R. Hausmann, 2007. "The Product Space Conditions the Development of Nations," Papers 0708.2090, arXiv.org.
    3. Dirk Helbing, 2013. "Globally networked risks and how to respond," Nature, Nature, vol. 497(7447), pages 51-59, May.
    4. Scott E. Page, 2007. "Prologue to The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies," Introductory Chapters, in: The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies, Princeton University Press.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dirk Helbing & Farzam Fanitabasi & Fosca Giannotti & Regula Hänggli & Carina I. Hausladen & Jeroen van den Hoven & Sachit Mahajan & Dino Pedreschi & Evangelos Pournaras, 2021. "Ethics of Smart Cities: Towards Value-Sensitive Design and Co-Evolving City Life," Sustainability, MDPI, vol. 13(20), pages 1-25, October.
    2. Rulong Zhuang & Kena Mi & Menglu Zhi & Chaoyang Zhang, 2022. "Digital Finance and Green Development: Characteristics, Mechanisms, and Empirical Evidences," IJERPH, MDPI, vol. 19(24), pages 1-21, December.
    3. L. Kostecka-Tomaszewska & K. Czerewacz-Filipowicz, 2019. "Poland – A Gate to the EU or a Bottleneck in the Belt and Road Initiative," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 472-492.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hu, Lunchao & Tian, Kailan & Wang, Xin & Zhang, Jiang, 2012. "The “S” curve relationship between export diversity and economic size of countries," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 391(3), pages 731-739.
    2. Shima Beigi, 2020. "How do the Covid-19 Prevention Measures Interact with Sustainable Development Goals?," Papers 2011.02290, arXiv.org.
    3. Zhuo-Ming Ren & An Zeng & Yi-Cheng Zhang, 2020. "Bridging nestedness and economic complexity in multilayer world trade networks," Palgrave Communications, Palgrave Macmillan, vol. 7(1), pages 1-8, December.
    4. Ren, Zhuo-Ming & Zhao, Li & Du, Wen-Li & Weng, Tong-Feng & Liu, Chuang & Kong, Yi-Xiu & Zhang, Yi-Cheng, 2024. "Tunable resource allocation dynamics for interpreting economic complexity," Chaos, Solitons & Fractals, Elsevier, vol. 181(C).
    5. Naqvi, Asjad & Monasterolo, Irene, 2019. "Natural Disasters, Cascading Losses, and Economic Complexity: A Multi-layer Behavioral Network Approach," Ecological Economic Papers 24, WU Vienna University of Economics and Business.
    6. Marcel Bednarz & Tom Broekel, 2020. "Pulled or pushed? The spatial diffusion of wind energy between local demand and supply," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(4), pages 893-916.
    7. Wifo, 2021. "WIFO-Monatsberichte, Heft 11/2021," WIFO Monatsberichte (monthly reports), WIFO, vol. 94(11), November.
    8. Mikhail Y. Afanasyev & Alexander V. Kudrov, 2021. "Economic Complexity, Embedding Degree and Adjacent Diversity of the Regional Economies," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 17(2), pages 7-22.
    9. Matthias Firgo & Fabian Gabelberger & Andreas Reinstaller & Yvonne Wolfmayr, 2024. "Assessing Regional Production Potential to Strengthen the Security of Supply in Strategic Products," WIFO Working Papers 670, WIFO.
    10. Edurne Magro Montero & Mari Jose Aranguren & Mikel Navarro, 2011. "Smart Specialisation Strategies: The Case of the Basque Country," Working Papers 2011R07, Orkestra - Basque Institute of Competitiveness.
    11. Jonas Heiberg & Bernhard Truffer, 2021. "The emergence of a global innovation system – a case study from the water sector," GEIST - Geography of Innovation and Sustainability Transitions 2021(09), GEIST Working Paper Series.
    12. Xu, Hai-Chuan & Wang, Zhi-Yuan & Jawadi, Fredj & Zhou, Wei-Xing, 2023. "Reconstruction of international energy trade networks with given marginal data: A comparative analysis," Chaos, Solitons & Fractals, Elsevier, vol. 167(C).
    13. Gerring, John & Thacker, Strom C. & Lu, Yuan & Huang, Wei, 2015. "Does Diversity Impair Human Development? A Multi-Level Test of the Diversity Debit Hypothesis," World Development, Elsevier, vol. 66(C), pages 166-188.
    14. Qiliang Mao & Xianzhuang Mao, 2021. "Cultural barriers, institutional distance, and spatial spillovers: Evidence from regional industrial evolution in China," Growth and Change, Wiley Blackwell, vol. 52(3), pages 1440-1481, September.
    15. Igor Linkov & Benjamin Trump & Greg Kiker, 2022. "Diversity and inclusiveness are necessary components of resilient international teams," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-5, December.
    16. Enrico Bergamini & Georg Zachmann, 2020. "Exploring EU’s Regional Potential in Low-Carbon Technologies," Sustainability, MDPI, vol. 13(1), pages 1-28, December.
    17. Alje van Dam & Koen Frenken, 2019. "Variety, Complexity and Economic Development," Papers 1903.07997, arXiv.org.
    18. Corrado Battisti, 2018. "Preparing students for the operational environmental career: an integrated project-based road map for academic programs," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 8(4), pages 573-583, December.
    19. Boateng, Agyenim & Du, Min & Bi, XiaoGang & Lodorfos, George, 2019. "Cultural distance and value creation of cross-border M&A: The moderating role of acquirer characteristics," International Review of Financial Analysis, Elsevier, vol. 63(C), pages 285-295.
    20. Diogo Ferraz & Fernanda P. S. Falguera & Enzo B. Mariano & Dominik Hartmann, 2021. "Linking Economic Complexity, Diversification, and Industrial Policy with Sustainable Development: A Structured Literature Review," Sustainability, MDPI, vol. 13(3), pages 1-29, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:ajossr:v:4:y:2019:i:1:d:10.1186_s41180-018-0021-3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.