Belt‐and‐Road Initiative: driving the need to understand intellectual capital in Chinese multinational enterprises
|Wei, William Xiaojun
|Thomson, Stanley Bruce
|China's Belt‐and‐Road Initiative (BRI) is one of the most ambitious trade and development projects in history which intends to link Chinese multinational enterprises (CMNEs) to the Asian subcontinent, the Middle East, Africa, and Europe through two trade routes, land and sea. The project involves infrastructure development, human knowledge, and international relations to develop trade relationships. Increased competition along the two routes will see other governments taking initiatives to protect the business community in their nations; thus, adding barriers that must be overcome by CMNEs. The success of CMNEs in the BRI relies on the three components—structural, human, and relational—which are the three components of intellectual capital (IC). Through the use of IC CMNEs can assess their strengths and weaknesses. It will be the understanding of these strengths and weaknesses which will drive the success or failure of CMNEs.
|Li, X., Wei, W.X., Huo, W., Huang, Y., Zheng, M. and Yan, J. (2020), "You reap what you sow: knowledge hiding, territorial and idea implementation", International Journal of Emerging Markets, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/IJOEM-05-2019-0339
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|International business enterprises
|Belt‐and‐Road Initiative: driving the need to understand intellectual capital in Chinese multinational enterprises