Research in Globalization (Jun 2024)
Policy optimization of the Belt and Road and IP performance of Middle East and North Africa (MENA)
Abstract
This study analyzed the relationship between intellectual property protection (IPP) and the Belt and Road Initiative (BRI) economic policy optimization performance in the Middle East and North Africa MENA-China strategic geopolitical activism for regional collaboration. The study employed a descriptive qualitative method with secondary data from WIPO IP between 2002 and 2021, and it focused on variables such as IP application, GDP, school enrolment, and FDI in four countries (Egypt, UAE, Saudi Arabia, and Algeria). A regression analysis of interest with a reliable Common Effects Model (CEM) using the IBM statistical package was used. The regression applied statistical association of IP application in all four countries with BRI optimization. The BRI is a vital support relationship for allied countries such as Saudi Arabia and Egypt. However, it does not make a difference to fine-tune regional optimization of BRI in Algeria and UAE with IP application and school enrolment. Egypt’s BRI delivery shows IP, FDI, and school enrolment are statistically significant, with regional GDP estimated. The data normalized in Saudi Arabia with income growth predicted statistical significance to GDP, FDI, and school enrolment. Likewise, Algeria shows that FDI was constantly affected but was negative to FDI and GDP with respect to BRI. For policy direction, we recommend that governments have regional collaborations and partnerships with Chinese educational scholarships and for dynamic economic expansion in IP applications. BRI's aptitude in regional connectivity is aimed at high standards of IP cable networks internationally, taking advantage of geographical and economic diversification. The BRI could further facilitate optimized IP trade obstacles and free trade zones. While the regional partnership will facilitate access and protection of products, brands, and services, agree in principle with China BRI before signatories.
