The Role of Local Actors in the Implementation of the Belt and Road Initiative: the Example of the Italian Port System
- Author(s)
- Cristian Luise, Peter J. Buckley, Hinrich Voss, Emmanuella Plakoyiannaki, Elisa Barbieri
- Abstract
Infrastructural assets are vital for a country’s economic and social development. Governments typically provide the regulation and administration of these assets, while multinational enterprises (MNEs) develop, construct, finance, and operate them. The Belt and Road Initiative (BRI) promises infrastructure projects that deliver economic and social benefit for both the host country and the MNE. We argue that BRI objectives and project scope are kept in check in the host country through an existing nexus of property rights. Chinese investors need to understand the bargaining position and property rights actors across multiple levels, across space, and be mindful of changes over time when negotiating for an infrastructure investment. We interrogate four case studies of Chinese investment negotiations in Italian ports to explore the conceptual framework and to examine how the negotiation process evolved following BRI.
- Organisation(s)
- Department of Marketing and International Business
- External organisation(s)
- University of Leeds, HEC Montréal, Universita Ca' Foscari, Venezia
- Journal
- Dipartimento di Economia, Università Ca'Foscari Venezia Working Papers
- Pages
- 1-53
- Publication date
- 08-2021
- Austrian Fields of Science 2012
- 502016 SME-research, 502054 Entrepreneurship
- Keywords
- Sustainable Development Goals
- SDG 9 - Industry, Innovation, and Infrastructure
- Portal url
- https://ucrisportal.univie.ac.at/en/publications/the-role-of-local-actors-in-the-implementation-of-the-belt-and-road-initiative-the-example-of-the-italian-port-system(f5bbb37d-089a-4690-8282-ac2290100b8e).html