EconPapers    
Economics at your fingertips  
 

The new silk road and its potential for sustainable development: how open digital participation could make BRI a role model for sustainable businesses and markets

Peter Seele (), Christoph D. Jia () and Dirk Helbing ()
Additional contact information
Peter Seele: USI Lugano
Christoph D. Jia: Linya International Strategic Foresight
Dirk Helbing: ETH Zurich

Asian Journal of Sustainability and Social Responsibility, 2019, vol. 4, issue 1, 1-7

Abstract: Abstract China’s New Silk Road (aka Belt and Road Initiative (BRI)) will invest a 1 trillion USD budget across Asia, Africa and Europe. As BRI wants to contribute also to sustainable development, the authors argue that only open digital participation of all citizens, corporations and governments and the collective intelligence, collaborative innovation and co-creation will make BRI a global role model for sustainability. For a highly networked, globalized, complex and digitalized world with limited resources the key ingredients for sustainable success are the following 10Cs: co-thinking, co-working, co-learning, co-creation, combinatorial innovation, co-ownership, co-ordination, co-operation, co-evolution, and collective intelligence. By linking BRI with digital infrastructures and corporate data management systems, a coordinated but distributed effort may be achieved with positive effects on social responsibility and sustainability for supply chains, data management, corporate reporting and regulatory issues.

Keywords: New silk road; Digital sustainability; Digital democracy; Social sustainability; Sustainable development (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://link.springer.com/10.1186/s41180-018-0021-3 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:ajossr:v:4:y:2019:i:1:d:10.1186_s41180-018-0021-3

Ordering information: This journal article can be ordered from
https://ajssr.springeropen.com/

Access Statistics for this article

Asian Journal of Sustainability and Social Responsibility is currently edited by Jong Dae Kim

More articles in Asian Journal of Sustainability and Social Responsibility from Springer
Bibliographic data for series maintained by Sonal Shukla ().

 
Page updated 2019-11-06
Handle: RePEc:spr:ajossr:v:4:y:2019:i:1:d:10.1186_s41180-018-0021-3