Connecting Asia and Europe: Opportunities and Barriers for Knowledge-Oriented Regional Development in Central Asia

Justine Markisch ()
Additional contact information
Justine Markisch: Chamber of Industry and Commerce for the Palatinate

A chapter in The Clash of Entrepreneurial Cultures?, 2022, pp 101-112 from Springer

Abstract: Abstract Central Asia is geographically located at the center of the Eurasian continent in between strong and dynamic economies such as Russia, China, India, and the European Union. Despite being abundant on natural resources, Central Asia is not greatly integrated into the world economy due to several reasons, such as being landlocked and rural, depending on the primary sector and suffering from an insufficient absorptive capacity regarding knowledge and technology transfer. In the past decade, connecting Asia and Europe got increasingly important with the launch of China’s Belt and Road Initiative and the EU Connectivity Strategy, offering Central Asia the opportunity to become the continental land bridge and therefore integrate into global value chains and achieve knowledge-oriented regional development. The Belt and Road Initiative and the EU Connectivity Strategy can be distinguished in their political nature, objectives, and values, thus offering different potentials for Central Asia. However, knowledge-oriented regional development in Central Asia will be a lengthy process, which can only be successful if the region increases its capabilities to substantially benefit from knowledge transfer.

Keywords: Central Asia; Regionalism; Belt and Road Initiative; EU Connectivity Strategy; Knowledge transfer; Regional development (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:fgfchp:978-3-030-97050-5_9

Ordering information: This item can be ordered from
http://www.springer.com/9783030970505

DOI: 10.1007/978-3-030-97050-5_9

Access Statistics for this chapter

More chapters in FGF Studies in Small Business and Entrepreneurship from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().