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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

Author

Listed:
  • Peter Seele

    (USI Lugano)

  • Christoph D. Jia

    (Linya International Strategic Foresight)

  • Dirk Helbing

    (ETH Zurich
    Complexity Science Hub Vienna
    Technical University Delft)

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.

Suggested Citation

  • Peter Seele & Christoph D. Jia & Dirk Helbing, 2019. "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," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 4(1), pages 1-7, December.
  • Handle: RePEc:spr:ajossr:v:4:y:2019:i:1:d:10.1186_s41180-018-0021-3
    DOI: 10.1186/s41180-018-0021-3
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    References listed on IDEAS

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    1. Dirk Helbing & Peter Seele, 2017. "Turn war rooms into peace rooms," Nature, Nature, vol. 549(7673), pages 458-458, September.
    2. C. A. Hidalgo & B. Klinger & A. -L. Barabasi & R. Hausmann, 2007. "The Product Space Conditions the Development of Nations," Papers 0708.2090, arXiv.org.
    3. Dirk Helbing, 2013. "Globally networked risks and how to respond," Nature, Nature, vol. 497(7447), pages 51-59, May.
    4. Scott E. Page, 2007. "Prologue to The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies," Introductory Chapters, in: The Difference: How the Power of Diversity Creates Better Groups, Firms, Schools, and Societies, Princeton University Press.
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    Cited by:

    1. Dirk Helbing & Farzam Fanitabasi & Fosca Giannotti & Regula Hänggli & Carina I. Hausladen & Jeroen van den Hoven & Sachit Mahajan & Dino Pedreschi & Evangelos Pournaras, 2021. "Ethics of Smart Cities: Towards Value-Sensitive Design and Co-Evolving City Life," Sustainability, MDPI, vol. 13(20), pages 1-25, October.
    2. Rulong Zhuang & Kena Mi & Menglu Zhi & Chaoyang Zhang, 2022. "Digital Finance and Green Development: Characteristics, Mechanisms, and Empirical Evidences," IJERPH, MDPI, vol. 19(24), pages 1-21, December.
    3. L. Kostecka-Tomaszewska & K. Czerewacz-Filipowicz, 2019. "Poland – A Gate to the EU or a Bottleneck in the Belt and Road Initiative," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 472-492.

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