Journal of Information Systems Engineering and Management

Journal of Information Systems Engineering and Management, 2023 - Volume 8 Issue 2, Article No: 21645
https://doi.org/10.55267/iadt.07.13492

Published Online: 28 Apr 2023

Views: 794 | Downloads: 598

The Belt and Road Initiative (BRI) is a first-rate global improvement approach aimed at selling financial cooperation and connectivity between countries in Asia, Europe, and Africa. One key element of the BRI is the construction of free trade zones (FTZs) in taking part in international locations, which are meant to facilitate worldwide alternatives, funding, and financial growth. The ability advantages of FTZs had been broadly recognized, including extended foreign investment, progressed infrastructure, and more suitable alternate opportunities. However, the impact of FTZ production on unique outcomes which include e-trade, food protection, and technological innovation isn't always properly understood. Therefore, this study aims to explore the impact of free trade zone (FTZ) creation on e-commerce, meals security, and technological innovation beneath the Belt and Road Initiative with The moderating effects of cultural compatibility and social inclusivity. A survey was conducted among 450 participants, including entrepreneurs, employees, and students. SPSS and smart PLS were used to analyze the data. The findings showed that the construction of FTZs positively impacted e-commerce, food security, and technological innovation. However, the moderating effects of cultural compatibility and social inclusivity were also significant. Cultural compatibility was found to moderate the relationship between FTZ construction and e-commerce, while social inclusivity moderated the relationship between FTZ construction and technological innovation. The study's findings suggest that policymakers should focus on promoting cultural compatibility and social inclusivity when constructing FTZs under the BRI. This will help increase FTZ’s profitability in e-commerce, food safety, and technological innovation. Education also can use the findings to extend current knowledge in global change, economic improvement, and cultural research in which the results of the study may be used to evaluate the significance of cultural alignment and social integration whilst investing in FTZs.

Free Trade Zone Construction E-commerce Food Security Belt and Road Strategy Technological Innovation Cultural Compatibility Social Inclusivity

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