The belt and road initiative, outward foreign direct investment, and technological innovation

Guangfeng Huang, Shuying Wu and Lishuang Chen

Finance Research Letters, 2025, vol. 77, issue C

Abstract: This study examines the impact of the Belt and Road Initiative on enterprise technological innovation. The finding reveal that outward foreign direct investment mediates the relationship between the two, and the former significantly contributes to the latter, especially in areas with a high density of state-owned enterprises .

Keywords: Belt and road initiative; Corporate technological innovation; Outward foreign direct investment (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:77:y:2025:i:c:s1544612325002612

DOI: 10.1016/j.frl.2025.106997

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