The Role of Local Actors in the Implementation of the Belt and Road Initiative: the Example of the Italian Port System

Autor(en)
Cristian Luise, Peter J. Buckley, Hinrich Voss, Emmanuella Plakoyiannaki, Elisa Barbieri
Abstrakt

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(en)
Institut für Marketing und International Business
Externe Organisation(en)
University of Leeds, HEC Montréal, Universita Ca' Foscari, Venezia
Journal
Dipartimento di Economia, Università Ca'Foscari Venezia Working Papers
Seiten
1-53
Publikationsdatum
08-2021
ÖFOS 2012
502016 KMU-Forschung, 502054 Entrepreneurship
Schlagwörter
Sustainable Development Goals
SDG 9 – Industrie, Innovation und Infrastruktur
Link zum Portal
https://ucrisportal.univie.ac.at/de/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