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The New Silk Road and the Innovation Economy in China

The New Silk Road and the Innovation Economy in China
Author: Jon-Arild Johannessen
Publisher: Taylor & Francis
Total Pages: 216
Release: 2023-02-28
Genre: Business & Economics
ISBN: 1000837238

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This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China’s opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint. The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence. The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy. The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.


China's Innovation Economy

China's Innovation Economy
Author: Jon-Arild Johannessen
Publisher: Routledge
Total Pages: 181
Release: 2021-09-30
Genre: Business & Economics
ISBN: 1000454827

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Two trends will have more influence than anything else on the world’s future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe. The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China’s primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China. The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.


The New Silk Road leads through the Arab Peninsula

The New Silk Road leads through the Arab Peninsula
Author: Anna Visvizi
Publisher: Emerald Group Publishing
Total Pages: 225
Release: 2019-07-10
Genre: Business & Economics
ISBN: 1787566811

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This book is an incisive query into the origins, implications and opportunities that China’s Belt and Road Initiative creates for stakeholders in Asia and the Arab World. It emphasises the role of cutting-edge technology in boosting collaboration in the fields of politics, economics, business, and culture across regions, countries and continents.


China and the New Silk Road

China and the New Silk Road
Author: Harald Pechlaner
Publisher: Springer Nature
Total Pages: 219
Release: 2020-05-04
Genre: Business & Economics
ISBN: 3030433994

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This book studies the Chinese “Belt and Road Initiative” (BRI), also called "New Silk Road", and focuses on its regional and local effects. Written by experts from various fields, it presents a range of case studies on the geopolitical, socio-economic, ecological and cultural implications of the BRI for European regions and their stakeholders. The book is divided into four parts, the first of which discusses the history of and China’s motivations for the BRI. The second part explores the global phenomenon from a number of regional standpoints. In turn, the third part presents studies on the political, socio-economic, cultural and ecological implications of the New Silk Road project. The final part highlights the tourism prospects in connection with the Silk Road project, as tourism has established itself as an important economic sector in many regions along the historic Silk Road. This book will appeal to scholars of economics, international relations and tourism, decision-makers, managers, chambers of commerce and entrepreneurs with special interests in establishing collaboration with the Chinese market.


Out of China

Out of China
Author: W. Ravesteijn
Publisher: WIT Press
Total Pages: 296
Release: 2021-08-04
Genre: Technology & Engineering
ISBN: 1784664537

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The Silk Road of the 21st Century, announced by Chinese President Xi Jinping in 2013, will certainly change the world. It will definitely stimulate economic growth and prosperity in China, the rest of Asia and elsewhere. But how can we prevent the environmental damage and the increasing inequality on a planetary scale brought about by the construction of this “road” - or in reality: a network of highways, railways, sea routes and other connections? This book deals with the question for the Maritime branch of the new Silk Road and discusses relevant strategies and technologies for sustainable and responsible port innovation and development. The backbone of the study is formed by a number of case studies of port projects in and outside of China. Some chapters focus on best practices, while others discuss new academic viewpoints, but in all cases, suggestions for improvement are given. Based on the idea that a large investment agenda also creates moral responsibility, the Chinese cases also serve to ascertain whether and to what extent they can serve as an example for projects elsewhere. A few introductory and thematic chapters and the conclusion give steering and sense to the rest of the book. Ultimately, this title gives a first and coherent analysis and assessment of a project that is unparalleled in the world and that constitutes an important determining factor for our future.


The New Silk Roads

The New Silk Roads
Author: Peter Frankopan
Publisher: Bloomsbury Publishing
Total Pages: 337
Release: 2018
Genre: Asia
ISBN: 1526607425

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From the Sunday Times and internationally bestselling author of The Silk Roads: everything you need to know about the present and future of the world'Masterly mapping out of a new world order' Evening Standard'Frankopan is a brilliant guide to terra incognita' The Times The New Silk Roads - Peter Frankopan's follow-up to the 'Book of the Decade', The Silk Roads - takes a fresh look at the network of relationships being formed along the length and breadth of the Silk Roads today.The world is changing dramatically and in an age of Brexit and Trump, the themes of isolation and fragmentation permeating the western world stand in sharp contrast to events along the Silk Roads, where ties have been strengthened and mutual cooperation established.Following the Silk Roads eastwards from Europe through to China, by way of Russia and the Middle East, The New Silk Roads provides a timely reminder that we live in a world that is profoundly interconnected. In this prescient contemporary history, Peter Frankopan assesses the global reverberations of these continual shifts in the centre of power - all too often absent from headlines in the west. This important - and ultimately hopeful - book asks us to reread who we are and where we are in the world, illuminating the themes on which all our lives and livelihoods depend.The Silk Roads, a major reassessment of world history, has sold over 1 million copies worldwide.


The Emperor’s New Road

The Emperor’s New Road
Author: Jonathan E. Hillman
Publisher: Yale University Press
Total Pages: 303
Release: 2020-09-29
Genre: History
ISBN: 0300256078

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A prominent authority on China’s Belt and Road Initiative reveals the global risks lurking within Beijing’s project of the century China’s Belt and Road Initiative is the world’s most ambitious and misunderstood geoeconomic vision. To carry out President Xi Jinping’s flagship foreign-policy effort, China promises to spend over one trillion dollars for new ports, railways, fiber-optic cables, power plants, and other connections. The plan touches more than one hundred and thirty countries and has expanded into the Arctic, cyberspace, and even outer space. Beijing says that it is promoting global development, but Washington warns that it is charting a path to global dominance. Taking readers on a journey to China’s projects in Asia, Europe, and Africa, Jonathan E. Hillman reveals how this grand vision is unfolding. As China pushes beyond its borders and deep into dangerous territory, it is repeating the mistakes of the great powers that came before it, Hillman argues. If China succeeds, it will remake the world and place itself at the center of everything. But Xi may be overreaching: all roads do not yet lead to Beijing.


New Silk Road: China Meets Europe In The Baltic Sea Region, The - A Business Perspective

New Silk Road: China Meets Europe In The Baltic Sea Region, The - A Business Perspective
Author: Jean-paul Larcon
Publisher: World Scientific
Total Pages: 288
Release: 2017-05-24
Genre: Business & Economics
ISBN: 9813221828

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The 'Belt and Road' initiative announced by Chinese President Xi Jinping in 2013 aims at reviving the ancient trade routes connecting China to Europe and Africa: the '21st Century Maritime Silk Road' and the inland 'Silk Road Economic Belt'. Both maritime and land routes of the New Silk Road meet Europe in the Baltics — a region accounting for some 150 million inhabitants representing 30% of the total EU population. The maritime route enters Europe through the Mediterranean Sea before reaching the largest European seaports of the North Sea and the Baltic Sea up to Saint Petersburg in Russia. The land route starting from West China crosses Central Asia, Russia and Belarus before reaching the shores of the Baltic Sea.This book focuses on the business and economic dimensions of China's initiative: Chinese government objective and policies, the strategies of Chinese and foreign firms along the Silk Road, trade and investment between China and Nordic-Baltic countries, the Eurasia Land Bridge corridors and logistics, the impact of the New Silk Road on the economies of Central Asia, new institutions financing the 'Belt and Road', cross-cultural challenges and Sino-foreign joint ventures along the New Silk Road. The direct impact of China's initiative on economic sectors such as logistics services; the shipping, port management and maritime industry; construction and high-speed train; energy and engineering; and e-commerce, information technology and tourism will be assessed.Readers will be provided with an in-depth analysis of the opportunities and challenges for companies and regions along the New Silk Road as well as 17 short case studies focusing on China-led projects currently developed along the 'Belt and Road' and 15 maps of the New Silk Road, the Baltic Sea Region and Central Asia to help in understanding China's vision and strategic moves.


The Rise of China’s Innovation Economy

The Rise of China’s Innovation Economy
Author: CICC Research, CICC Global Institute
Publisher: Springer Nature
Total Pages: 237
Release:
Genre:
ISBN: 9819982316

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Deglobalization

Deglobalization
Author: Jon-Arild Johannessen
Publisher: Taylor & Francis
Total Pages: 207
Release: 2023-12-18
Genre: Business & Economics
ISBN: 1003823122

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The emerging conflict between the US and China has an inherent tendency towards a development of deglobalization. It is the historical prerequisites for this deglobalization that are examined in this book. These assumptions are largely based on what is termed the second wave of globalization, based on increasing technological competition between the US and China, as well as China's expansion along the New Silk Road. In this book, the author makes a distinction between the Old Globalization and the New Globalization. The Old Globalization was characterized by competition over costs in general and wage costs in particular, while the New Globalization is categorized by new competencies and skills, especially technological capabilities and technological innovations. The second wave, which is driven by technological innovations, lays the foundation for a counter-strategy on the part of the US to stem the Chinese technological expansion. It is this new strategy that confines the second wave of globalization from China and lays the foundation for deglobalization. The book analyses US-China relations from a fresh perspective, namely a systemic thinking approach. The focus is the emerging innovation economy, which leads to tension and deglobalization. The book is grounded in evolutionary economics and uses conceptual generalization in its descriptions, analysis, theoretical reflections, and real-world cases. The key message is that the economy of the future will be characterized by coordinated wave movements: economic growth mainly controlled by private capital alternating with economic downturns that necessitate collective solutions and government interventions.The book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy.