...Samuel Gyamerah; Zheng He; Enock Mintah Ampaw; Dennis Asante; Lydia Asare-Kyire Purpose Drawing upon the institutional theory, the present study investigated whether or not small and medium-sized enterprises (SMEs) in East Africa benefit from the Belt and Road Initiative (BRI), and how the latter...

... of OFDI. Findings The main findings are: outward investment is not only for large and mature firms, as medium and small-sized firms are actively investing abroad; most firms pursue a market-seeking strategy; the benefits for the firm and the home country are stronger when companies follow a clear...