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Abstract

The Chinese One Belt One Road initiative refers to the idea of the so-called New Silk Road. This ancient trade route connected Asia’s Far East with Europe from the earliest times. In various historical periods, this way of trade has often been interrupted by violent events and rivalry of hegemons that are changing in this huge space.

The current OBOR project assumes an important role of the countries of Central and Eastern Europe. It is an area that includes a large number of countries interested in intensifying cooperation with China and Asian countries.

However, the implementation of this project will certainly take many years. While the countries of this region are expecting quick infrastructural investments, in particular in the area of communication. This is a condition for the future success of the Chinese project.

On the other hand, there are many serious conflicts on the route of the planned route of major transport connections (i.e. in Syria, areas inhabited by Kurds). Without a long-lasting calming of this area, the implementation of this project will not be possible.

Abstract

A number of studies point out a positive influence of entrepreneurship on economic growth. This is due to the role that entrepreneurs play in the economy by utilizing new knowledge, shaping markets, and pushing out unproductive incumbents. The ambitious One Belt One Road Initiative, which recently includes sixty Asian, African and European countries, aims at stimulating global economic development and prosperity. From the theoretical point of view, entrepreneurship is crucial for achieving the aim. Consequently, the intent of this paper is to analyze entrepreneurial behavior of the countries participated in the One Belt One Road Initiative, using the data from the Global Entrepreneurship Monitor (GEM). Distinct country clusters are identified and their entrepreneurial characteristics are interpreted.