Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR

The Belt & Road Initiative: A Study from Malaysian SMEs’ Perspective

Authors
Chin Mui-Yin, Theresa Ho-Char-Fei, Teo Poh-Chuin, Chong Chu-Le, Wai Chew-Keong
Corresponding Author
Chin Mui-Yin
Available Online 29 June 2020.
DOI
10.2991/aebmr.k.200626.031How to use a DOI?
Keywords
Belt & Road Initiative (BRI), Malaysian Small and Medium Enterprises (SMEs), Perceptions, Opportunities, Challenges
Abstract

The Belt & Road Initiative that was introduced by President Xi Jinping has received numerous attentions from the governments, business organizations and individuals from different countries. However, even though it is believed that Chinese companies will be the big winners from the Belt & Road Initiative, but non-Chinese companies are also increasingly seeing themselves benefiting from this Initiative. In order for Malaysia to gain benefits from BRI, it is important to explore the readiness of local SMEs to play an active role in this initiative. Hence, this study aimed to explore the perception of local Small and Medium Enterprises (SMEs) on the associated opportunities brought by the Belt & Road Initiative. The data collection method was an in-depth interview, in which SMEs in both manufacturing and service industries were interviewed. The interview results indicated that some Malaysian SMEs found that BRI imposes numerous challenges towards their business. Based on the results, the expansion of Chinese firms to Malaysia will increase market competition in some industries. However, this research findings revealed that local SMEs showed positive attitude towards this initiative, and they generally believe that this initiative will bring huge opportunities and abundant benefits to Malaysia at the country, organizational and individual levels.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR
Series
Advances in Economics, Business and Management Research
Publication Date
29 June 2020
ISBN
978-94-6252-980-9
ISSN
2352-5428
DOI
10.2991/aebmr.k.200626.031How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Chin Mui-Yin
AU  - Theresa Ho-Char-Fei
AU  - Teo Poh-Chuin
AU  - Chong Chu-Le
AU  - Wai Chew-Keong
PY  - 2020
DA  - 2020/06/29
TI  - The Belt & Road Initiative: A Study from Malaysian SMEs’ Perspective
BT  - Proceedings of the 8th International Conference on Entrepreneurship and Business Management (ICEBM 2019) UNTAR
PB  - Atlantis Press
SP  - 170
EP  - 173
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200626.031
DO  - 10.2991/aebmr.k.200626.031
ID  - Mui-Yin2020
ER  -