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Managing the economic sustainability of the Belt and Road Initiative by applying Pragmatic Identity Matching PrIM

Author

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  • Markus Erbach

    (Pragmatic Identity Matching PrIM
    Hochschule für Medien, Kommunikation und Wirtschaft HMKW)

Abstract

Achieving and managing economic sustainability is one of the crucial tasks for our globalized world. One of the most ambitious economic projects known to humankind claims to stand for long-term global economic sustainability including ecological, social, and cultural aspects: the Belt and Road Initiative (BRI), in which China invites the world to join its vision of a “peaceful cooperation for the wealth and cultural exchange of all nations” (Xi Jinping 2013 in his famous speech Promote People-to-People Friendship an Create a Better Future). This invitation led to a wide range of responses, from fundamental rejection to supportive participation. Matching the participants in this megaproject—their contributions, particular prerequisites, and development interests—requires a holistic participative planning approach with solutions tailored specifically to the participating partners. This article shows how Pragmatic Identity Matching (PrIM), a scalable integration framework, can be used to meet this requirement. PrIM provides an identity-oriented infrastructure for aligned planning, implementation and communications, acknowledging, and embracing participants from different cultural backgrounds such as Asian, Arabian, African, Russian, and European cultures. As a structural-scientific approach that synthesizes elemental semiotic thinking and research in psychology and the neurosciences, PrIM provides a meta-planning structure beyond any value-driven positions and perspectives, one that imparts equivalence to information. PrIM can help the BRI avoid a spiral of non-coordinated activities, thereby preventing loss of investment. The formation of a transdisciplinary BRI Management Academy that uses PrIM would help create the necessary infrastructure for a successful and transparent implementation of the BRI.

Suggested Citation

  • Markus Erbach, 2021. "Managing the economic sustainability of the Belt and Road Initiative by applying Pragmatic Identity Matching PrIM," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-26, December.
    • Handle: RePEc:spr:joiaen:v:10:y:2021:i:1:d:10.1186_s13731-021-00158-4
    DOI: 10.1186/s13731-021-00158-4
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    References listed on IDEAS

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    1. Markus Erbach, 2016. "Facilitating Targeted Open Innovation by Applying Pragmatic Identity Matching," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(1), pages 104-125, March.
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    3. Nadeem Akhtar & Cornelius B. Pratt & Ying Hu, 2019. "Sustainability of the Belt and Road Initiative: An Integrated, Conceptual Framework for Instructional Communication in China’s Universities," Sustainability, MDPI, vol. 11(23), pages 1-15, November.
    4. United Nations UN, 2015. "Transforming our World: the 2030 Agenda for Sustainable Development," Working Papers id:7559, eSocialSciences.
    5. Elias Carayannis & Ruslan Rakhmatullin, 2014. "The Quadruple/Quintuple Innovation Helixes and Smart Specialisation Strategies for Sustainable and Inclusive Growth in Europe and Beyond," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 5(2), pages 212-239, June.
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