The Belt & Road Initiative: A Study from Malaysian SMEs’ Perspective
- 10.2991/aebmr.k.200626.031How to use a DOI?
- Belt & Road Initiative (BRI), Malaysian Small and Medium Enterprises (SMEs), Perceptions, Opportunities, Challenges
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.
- © 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 -