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The impact of the China’s Belt and Road Initiative on innovation, knowledge transfer and information diffusion: opportunities, challenges, and criticism

Ramazan Uctu (Department of Business Administration, American University of Iraq, Sulaimani, Iraq and Department of Economics, Stellenbosch University, Stellenbosch, South Africa)
Ahmet Şahbaz (Department of Public Finance, Necmettin Erbakan University, Konya, Türkiye)

Journal of Science and Technology Policy Management

ISSN: 2053-4620

Article publication date: 22 February 2024

254

Abstract

Purpose

The China’s Belt and Road Initiative (BRI, hereafter) has reenergized the Silk Road concept, with most literature focusing on the political and economic effects of the BRI. While certain aspects of the Digital Silk Road (DSR), digital component of BRI, have been researched, much less focus has been placed on the technological development, tech transfer and information diffusion aspects of the BRI. The aim of this study is to investigate the opportunities, issues and critiques that have arisen as a result of the Belt and Road Initiative’s implications on innovation, knowledge transfer and dissemination.

Design/methodology/approach

Research in its nature is descriptive. Literature reviews are a significant part of the development of a field. Therefore, secondary sources were considered.

Findings

The literature and the study have highlighted several opportunities, problems and criticism that decision-makers and the relevant agencies and institutions should take into account when deciding how to move forward with BRI and its digital component DSR.

Originality/value

This paper contributes to the research literature on BRI and its subset DSR’s impacts on innovation, knowledge transfer and information diffusion. In fact, the DSR’s primary aim is to strengthen international cooperation in the digital economy. Furthermore, digital platforms now play a significant role in global trade, emphasizing the necessity of DSR.

Keywords

Acknowledgements

Funding: The author(s) received no financial assistance for the research and publishing of this article.

Declaration of interest: Authors declare that they do not have a conflict of interest. Furthermore, the authors state that they have no known conflicting financial interests or personal relationships that could have influenced the work presented in this study.

Citation

Uctu, R. and Şahbaz, A. (2024), "The impact of the China’s Belt and Road Initiative on innovation, knowledge transfer and information diffusion: opportunities, challenges, and criticism", Journal of Science and Technology Policy Management, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/JSTPM-01-2023-0013

Publisher

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Emerald Publishing Limited

Copyright © 2024, Emerald Publishing Limited

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