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Malaysian small and medium enterprises awareness on the belt and road initiative

The Belt and Road Initiative (BRI) is deemed to be one of the biggest investment and infrastructure projects in Asian business trade. The initiative is an economic and diplomatic programme which could transform global trade, with an associated potential economic size amounting to US$21 trillion. Chi...

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Main Authors: Wai, Chew Keong, Poh, Chuin Teo, Ho, Theresa C. F., Chin, Mui Yin, Chong, Chu Le
Format: Article
Published: Innovare Academics Sciences Pvt. Ltd 2020
Subjects:
HB Economic Theory
Online Access:http://eprints.utm.my/id/eprint/86825/
http://dx.doi.org/10.31838/jcr.07.16.51
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spelling my.utm.868252020-09-30T09:08:39Z http://eprints.utm.my/id/eprint/86825/ Malaysian small and medium enterprises awareness on the belt and road initiative Wai, Chew Keong Poh, Chuin Teo Ho, Theresa C. F. Chin, Mui Yin Chong, Chu Le HB Economic Theory The Belt and Road Initiative (BRI) is deemed to be one of the biggest investment and infrastructure projects in Asian business trade. The initiative is an economic and diplomatic programme which could transform global trade, with an associated potential economic size amounting to US$21 trillion. China's economic reforms have opened up new investment opportunities and spurred the emergence of new trading zones, particularly along the BRI routes. This study employed a person-administered survey to explore the sources of information regarding the BRI available to Malaysian Small and Medium Enterprises (SMEs) and to gauge their awareness of the initiative. The results of the analysis revealed that the main source of information about the BRI for Malaysian SMEs was the Internet, followed by friends/relatives/associates, magazines, television, radio and others. Furthermore, in general, the sampled SMEs showed a favourable level of awareness towards the initiative. Policymakers from both Malaysia and China, however, are recommended to establish an official platform for local Malaysian SMEs to gain access to information about the available financial support through the BRI, which could further increase their awareness of the financial integration advocated under the BRI. Innovare Academics Sciences Pvt. Ltd 2020 Article PeerReviewed Wai, Chew Keong and Poh, Chuin Teo and Ho, Theresa C. F. and Chin, Mui Yin and Chong, Chu Le (2020) Malaysian small and medium enterprises awareness on the belt and road initiative. Journal of Critical Reviews, 7 (16). pp. 424-431. ISSN 2394-5125 http://dx.doi.org/10.31838/jcr.07.16.51
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
topic HB Economic Theory
spellingShingle HB Economic Theory
Wai, Chew Keong
Poh, Chuin Teo
Ho, Theresa C. F.
Chin, Mui Yin
Chong, Chu Le
Malaysian small and medium enterprises awareness on the belt and road initiative
description The Belt and Road Initiative (BRI) is deemed to be one of the biggest investment and infrastructure projects in Asian business trade. The initiative is an economic and diplomatic programme which could transform global trade, with an associated potential economic size amounting to US$21 trillion. China's economic reforms have opened up new investment opportunities and spurred the emergence of new trading zones, particularly along the BRI routes. This study employed a person-administered survey to explore the sources of information regarding the BRI available to Malaysian Small and Medium Enterprises (SMEs) and to gauge their awareness of the initiative. The results of the analysis revealed that the main source of information about the BRI for Malaysian SMEs was the Internet, followed by friends/relatives/associates, magazines, television, radio and others. Furthermore, in general, the sampled SMEs showed a favourable level of awareness towards the initiative. Policymakers from both Malaysia and China, however, are recommended to establish an official platform for local Malaysian SMEs to gain access to information about the available financial support through the BRI, which could further increase their awareness of the financial integration advocated under the BRI.
format Article
author Wai, Chew Keong
Poh, Chuin Teo
Ho, Theresa C. F.
Chin, Mui Yin
Chong, Chu Le
author_facet Wai, Chew Keong
Poh, Chuin Teo
Ho, Theresa C. F.
Chin, Mui Yin
Chong, Chu Le
author_sort Wai, Chew Keong
title Malaysian small and medium enterprises awareness on the belt and road initiative
title_short Malaysian small and medium enterprises awareness on the belt and road initiative
title_full Malaysian small and medium enterprises awareness on the belt and road initiative
title_fullStr Malaysian small and medium enterprises awareness on the belt and road initiative
title_full_unstemmed Malaysian small and medium enterprises awareness on the belt and road initiative
title_sort malaysian small and medium enterprises awareness on the belt and road initiative
publisher Innovare Academics Sciences Pvt. Ltd
publishDate 2020
url http://eprints.utm.my/id/eprint/86825/
http://dx.doi.org/10.31838/jcr.07.16.51
_version_ 1680321100598214656
score 13.211869

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