Chinese MSMEs internationalization in Latin American markets under the Belt and Road Initiative
Joaquín Estrader, Esteban Zottele
Micro, small, and medium enterprises (MSMEs) is an essential topic for business research and development policies. By reviewing previous literature and macroeconomic data, and following a deductive method, this study explains MSMEs' contribution to national development, that is, a positive effect in terms of employment, regional economies, technological innovation, andincome distribution. In addition, we focus on Chinese MSMEs' internationalization and competitive advantages in Latin American markets as a natural extension of the 21st Century Maritime Silk Road. Additionally, we explain the essential role of the Belt and Road Initiative in Chinese companies’ internationalization, particularly in building a platform for MSMEs operations in Latin America and the Caribbean. After conclusions we suggest further research directions.
Alternative title: | Internacionalización de las MiPyMEs chinas en Latinoamérica bajo la iniciativa de la Franja y la Ruta |
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Year of publication: |
2023
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Authors: | Estrader, Joaquín ; Zottele, Esteban |
Published in: |
Latin American journal of trade policy. - [Santiago de Chile] : Instituto de Estudios Internacionales, Universidad de Chile, ISSN 0719-9368, ZDB-ID 3033189-4. - Vol. 6.2023, 15, p. 107-146
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Subject: | MSMEs | Internationalization | China | Latin America | Inclusive development | Belt and Road Initiative | Economic development | Lateinamerika | Internationale Wirtschaftsbeziehungen | International economic relations | Globalisierung | Globalization | Auslandsinvestition | Foreign investment | Entwicklung | KMU | SME | Verkehrsinfrastruktur | Transport infrastructure | Infrastrukturinvestition | Infrastructure investment |
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