Belt and Road Initiative : driving innovation in tech enterprises through global value chains

Wensheng Dai

Utilizing a dataset of Chinese technology-listed companies spanning from 2008 to 2022, this research investigates the influence of the "Belt and Road" initiative on technological innovation performance. The results disclose a significant positive association between the "Belt and Road" initiative and enterprise innovation outputs. Further examination indicates that the global value chain acts as a crucial mediator in the connection between the "Belt and Road" initiative and enterprise innovation efficiency. Moreover, the heterogeneity analysis reveals a remarkable difference in the way the "Belt and Road" initiative impacts the innovation effectiveness of state-owned and non-state-owned enterprises.

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Year of publication:	2025
Authors:	Dai, Wensheng
Published in:	Finance research letters. - New York : Elsevier Science, ISSN 1544-6123, ZDB-ID 2145766-9. - Vol. 74.2025, Art.-No. 106796, p. 1-7
Subject:	“Belt and Road” Initiative \| Enterprise innovation performance \| Global value chain \| Innovation \| Betriebliche Wertschöpfung \| Value creation \| China \| Internationale Wirtschaftsbeziehungen \| International economic relations \| Globale Wertschöpfungskette \| Globalisierung \| Globalization \| Neue Seidenstraße \| New silk road \| Innovationsmanagement \| Innovation management \| Wertschöpfung \| Value added

Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Other identifiers:	10.1016/j.frl.2025.106796 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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