IDEAS home Printed from https://ideas.repec.org/a/wly/sustdv/v31y2023i5p3490-3512.html
   My bibliography  Save this article

Innovation capability, global cooperation, and sustainable development along the Belt and Road Initiative

Author

Listed:
  • Bo Wang
  • Siyu Gong
  • Yang Yang

Abstract

Although the Belt and Road Initiative (BRI) has become the largest global platform for economic, social, and energy cooperation, there remains a question of how to effectively utilize its globalizing role to promote sustainable development among the countries along the route. Innovation capability is identified as the key to resolving sustainable development issue, because innovation capability has the potential to effectively reconcile the conflict between economic development and environmental conservation. Therefore, this study has opted to utilize a sample of 99 countries across the globe, comprising of 78 BRI countries and 21 non‐BRI countries. The DDD model has been employed to examine the impact of innovation capability on sustainable development in the BRI. The result shows that BRI can contribute to the achievement of green sustainable development. Innovation serves as an effective means to improve green sustainable development, which can be achieved through green technical progress and green technical efficiency. In addition, global cooperation has a significant moderating effect on this outcome, with the foreign direct investment and trade capability being the main moderators of economic global cooperation, while digital capability, infrastructure, and social exchange are the main moderators of social global cooperation. Finally, in the regional heterogeneity analysis, we find that the results of the role of the four continents are more consistent with the regression results of the total world sample, the difference being that the moderating role of global cooperation is not consistent across states.

Suggested Citation

  • Bo Wang & Siyu Gong & Yang Yang, 2023. "Innovation capability, global cooperation, and sustainable development along the Belt and Road Initiative," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(5), pages 3490-3512, October.
  • Handle: RePEc:wly:sustdv:v:31:y:2023:i:5:p:3490-3512
    DOI: 10.1002/sd.2599
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sd.2599
    Download Restriction: no

    File URL: https://libkey.io/10.1002/sd.2599?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Michael Dunford & Weidong Liu, 2019. "Chinese perspectives on the Belt and Road Initiative," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 12(1), pages 145-167.
    2. Dave Donaldson, 2018. "Railroads of the Raj: Estimating the Impact of Transportation Infrastructure," American Economic Review, American Economic Association, vol. 108(4-5), pages 899-934, April.
    3. Zhang, Dongyang & Mohsin, Muhammad & Rasheed, Abdul Khaliq & Chang, Youngho & Taghizadeh-Hesary, Farhad, 2021. "Public spending and green economic growth in BRI region: Mediating role of green finance," Energy Policy, Elsevier, vol. 153(C).
    4. Yasmeen, Rizwana & Zhaohui, Cui & Hassan Shah, Wasi Ul & Kamal, Muhammad Abdul & Khan, Anwar, 2022. "Exploring the role of biomass energy consumption, ecological footprint through FDI and technological innovation in B&R economies: A simultaneous equation approach," Energy, Elsevier, vol. 244(PA).
    5. Cai, Xiqian & Lu, Yi & Wu, Mingqin & Yu, Linhui, 2016. "Does environmental regulation drive away inbound foreign direct investment? Evidence from a quasi-natural experiment in China," Journal of Development Economics, Elsevier, vol. 123(C), pages 73-85.
    6. Sabina Szymczak & Joanna Wolszczak-Derlacz, 2022. "Global value chains and labour markets – simultaneous analysis of wages and employment," Economic Systems Research, Taylor & Francis Journals, vol. 34(1), pages 69-96, January.
    7. Yeaple, Stephen Ross, 2005. "A simple model of firm heterogeneity, international trade, and wages," Journal of International Economics, Elsevier, vol. 65(1), pages 1-20, January.
    8. Feng Zhao & Yinyin Zhang & Majed Alharthi & Muhammad Wasif Zafar, 2022. "Environmental sustainability in developing countries: Understanding the criticality of financial inclusion and globalization," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1823-1837, December.
    9. Feng, Chao & Huang, Jian-Bai & Wang, Miao, 2019. "The sustainability of China’s metal industries: features, challenges and future focuses," Resources Policy, Elsevier, vol. 60(C), pages 215-224.
    10. Baniya, Suprabha & Rocha, Nadia & Ruta, Michele, 2020. "Trade effects of the New Silk Road: A gravity analysis," Journal of Development Economics, Elsevier, vol. 146(C).
    11. Dong-hyun Oh, 2010. "A global Malmquist-Luenberger productivity index," Journal of Productivity Analysis, Springer, vol. 34(3), pages 183-197, December.
    12. Xianhui Hou & Jingming Liu & Daojun Zhang, 2019. "Regional sustainable development: The relationship between natural capital utilization and economic development," Sustainable Development, John Wiley & Sons, Ltd., vol. 27(1), pages 183-195, January.
    13. Tziogkidis, Panagiotis & Philippas, Dionisis & Leontitsis, Alexandros & Sickles, Robin C., 2020. "A data envelopment analysis and local partial least squares approach for identifying the optimal innovation policy direction," European Journal of Operational Research, Elsevier, vol. 285(3), pages 1011-1024.
    14. Julien Chaisse & Jamieson Kirkwood, 2020. "Chinese Puzzle: Anatomy Of The (Invisible) Belt And Road Investment Treaty1," Journal of International Economic Law, Oxford University Press, vol. 23(1), pages 245-269.
    15. Fernando Ascensão & Lenore Fahrig & Anthony P. Clevenger & Richard T. Corlett & Jochen A. G. Jaeger & William F. Laurance & Henrique M. Pereira, 2018. "Environmental challenges for the Belt and Road Initiative," Nature Sustainability, Nature, vol. 1(5), pages 206-209, May.
    16. Hötte, Kerstin, 2023. "Demand-pull, technology-push, and the direction of technological change," Research Policy, Elsevier, vol. 52(5).
    17. Xiaoli Hao & Xinhui Wang & Haitao Wu & Yu Hao, 2023. "Path to sustainable development: Does digital economy matter in manufacturing green total factor productivity?," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 360-378, February.
    18. Furman, Jeffrey L. & Hayes, Richard, 2004. "Catching up or standing still?: National innovative productivity among 'follower' countries, 1978-1999," Research Policy, Elsevier, vol. 33(9), pages 1329-1354, November.
    19. Huang, Yiping, 2016. "Understanding China's Belt & Road Initiative: Motivation, framework and assessment," China Economic Review, Elsevier, vol. 40(C), pages 314-321.
    20. Atuoye, Kilian Nasung & Luginaah, Isaac & Hambati, Herbert & Campbell, Gwyn, 2021. "Who are the losers? Gendered-migration, climate change, and the impact of large scale land acquisitions on food security in coastal Tanzania," Land Use Policy, Elsevier, vol. 101(C).
    21. Khedhaouria, Anis & Thurik, Roy, 2017. "Configurational conditions of national innovation capability: A fuzzy set analysis approach," Technological Forecasting and Social Change, Elsevier, vol. 120(C), pages 48-58.
    22. Kim, Mi-jin & Lee, Heejin & Kwak, Jooyoung, 2020. "The changing patterns of China’s international standardization in ICT under techno-nationalism: A reflection through 5G standardization," International Journal of Information Management, Elsevier, vol. 54(C).
    23. Meiling Wang & Silu Pang & Ikram Hmani & Ilham Hmani & Cunfang Li & Zhengxia He, 2021. "Towards sustainable development: How does technological innovation drive the increase in green total factor productivity?," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 217-227, January.
    24. Fagerberg, Jan & Srholec, Martin, 2008. "National innovation systems, capabilities and economic development," Research Policy, Elsevier, vol. 37(9), pages 1417-1435, October.
    25. Yao, Lixia & Shi, Xunpeng & Andrews-Speed, Philip, 2018. "Conceptualization of energy security in resource-poor economies: The role of the nature of economy," Energy Policy, Elsevier, vol. 114(C), pages 394-402.
    26. Manova, Kalina, 2008. "Credit constraints, equity market liberalizations and international trade," Journal of International Economics, Elsevier, vol. 76(1), pages 33-47, September.
    27. Yingzhi Xu & Biying Dong & Zihao Chen, 2022. "Can foreign trade and technological innovation affect green development: evidence from countries along the Belt and Road," Economic Change and Restructuring, Springer, vol. 55(2), pages 1063-1090, May.
    28. Yan Li & Yanjiang Wu & Yaqing Chen & Qingbo Huang, 2021. "The influence of foreign direct investment and trade opening on green total factor productivity in the equipment manufacturing industry," Applied Economics, Taylor & Francis Journals, vol. 53(57), pages 6641-6654, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chenglong Wang & Chenyang Shuai & Xi Chen & Jingran Sun & Bu Zhao, 2025. "Linking local and global: Assessing water scarcity risk through nested trade networks," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(1), pages 1-18, February.
    2. Li, Lei & Zheng, Yifan & Ma, Shaojun & Ma, Xiaoyu & Zuo, Jian & Goodsite, Michael, 2025. "Unfavorable weather, favorable insights: Exploring the impact of extreme climate on green total factor productivity," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 626-640.
    3. Zhumash Babazov & Chunbin Li, 2025. "Exploring the Relationship Between Cultivated Land Regulations, Agricultural Productivity, and Trade Efficiency: A Comparative Analysis Among China, Russia, and Kyrgyzstan Under the Belt and Road Init," Sustainability, MDPI, vol. 17(10), pages 1-24, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wang, Changjian & Miao, Zhuang & Chen, Xiaodong & Cheng, Yu, 2021. "Factors affecting changes of greenhouse gas emissions in Belt and Road countries," Renewable and Sustainable Energy Reviews, Elsevier, vol. 147(C).
    2. Jackson, Karen & Shepotylo, Oleksandr, 2021. "Belt and road: The China dream?," China Economic Review, Elsevier, vol. 67(C).
    3. Haiyang Zhu & Shiyu Chen & Muhammad Irfan & Mingjun Hu & Jin Hu, 2024. "Exploring the role of the belt and road initiative in promoting sustainable and inclusive development," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(1), pages 712-723, February.
    4. Schulhof, Vera & van Vuuren, Detlef & Kirchherr, Julian, 2022. "The Belt and Road Initiative (BRI): What Will it Look Like in the Future?," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    5. Nugent, Jeffrey B. & Lu, Jiaxuan, 2021. "China's outward foreign direct investment in the Belt and Road Initiative: What are the motives for Chinese firms to invest?," China Economic Review, Elsevier, vol. 68(C).
    6. Mengzhen Wang & Xingong Ding & Baekryul Choi, 2023. "FDI or International-Trade-Driven Green Growth of 24 Korean Manufacturing Industries? Evidence from Heterogeneous Panel Based on Non-Causality Test," Sustainability, MDPI, vol. 15(7), pages 1-20, March.
    7. Kun Xiao & Xiaolong Chen & Hongfeng Zhang & Cora Un In Wong, 2025. "Green Economic Efficiency and Coordinated Development in the Bohai Rim Region: Addressing Regional Disparities for Sustainable Innovation and Economic Transformation," Sustainability, MDPI, vol. 17(3), pages 1-16, January.
    8. Damoah, Kaku Attah & Giovannetti, Giorgia & Marvasi, Enrico, 2022. "Do country centrality and similarity to China matter in the allocation of belt and road projects?," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 660-674.
    9. de Soyres, François & Mulabdic, Alen & Ruta, Michele, 2020. "Common transport infrastructure: A quantitative model and estimates from the Belt and Road Initiative," Journal of Development Economics, Elsevier, vol. 143(C).
    10. Lin, Boqiang & Zhu, Junpeng, 2019. "Impact of energy saving and emission reduction policy on urban sustainable development: Empirical evidence from China," Applied Energy, Elsevier, vol. 239(C), pages 12-22.
    11. Liu, Xinyan & Bai, Yu & Li, Yanjun & Sun, Yajie, 2024. "Highway havens for hidden horrors: Expressway connections and child trafficking in China," Journal of Economic Behavior & Organization, Elsevier, vol. 228(C).
    12. Lingchao Li & Shu Jiang & Yingtien Lin, 2025. "The Impact of the Digital Economy on Sustainable Fisheries: Insights from Green Total Factor Productivity in China’s Coastal Regions," Sustainability, MDPI, vol. 17(6), pages 1-22, March.
    13. Fagerberg, Jan & Srholec, Martin & Verspagen, Bart, 2010. "Innovation and Economic Development," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 833-872, Elsevier.
    14. Xiaoyu He & Bo Li, 2023. "A Study on the Influence of Green Industrial Policy on Urban Green Development: Based on the Empirical Data of Ecological Industrial Park Pilot Construction," Sustainability, MDPI, vol. 15(13), pages 1-29, June.
    15. Kamalbek Karymshakov & Burulcha Sulaimanova, 2021. "The impact of infrastructure on trade in Central Asia," Asia Europe Journal, Springer, vol. 19(1), pages 5-20, December.
    16. Cheng, Zhonghua & Li, Xiang & Zhu, Yeman & Wang, Meixiao, 2023. "The effects of agglomeration externalities on urban green total-factor productivity in China," Economic Systems, Elsevier, vol. 47(2).
    17. de Soyres, François & Mulabdic, Alen & Murray, Siobhan & Rocha, Nadia & Ruta, Michele, 2019. "How much will the Belt and Road Initiative reduce trade costs?," International Economics, Elsevier, vol. 159(C), pages 151-164.
    18. Benzaim, Samia & Ftiti, Zied & Khedhaouria, Anis & Djermane, Rebai, 2023. "US foreign investments: Technology transfer, relative backwardness, and the productivity growth of host countries," The Quarterly Review of Economics and Finance, Elsevier, vol. 87(C), pages 275-295.
    19. Kaicheng Zhang & Kai Liu & Caihong Huang, 2024. "Cooperative Innovation Under the “Belt and Road Initiative” for Reducing Carbon Emissions: An Estimation Based on the Spatial Difference-in-Differences Model," Sustainability, MDPI, vol. 16(23), pages 1-32, November.
    20. Jiangfeng Hu & Zhao Wang & Qinghua Huang & Xiaoqin Zhang, 2019. "Environmental Regulation Intensity, Foreign Direct Investment, and Green Technology Spillover—An Empirical Study," Sustainability, MDPI, vol. 11(10), pages 1-15, May.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:sustdv:v:31:y:2023:i:5:p:3490-3512. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1719 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.