Commentary on “The role of innovation in driving the economy: Lessons from the global financial crisis”

This commentary reacts to an article by Hausman and Johnston advocating innovation and entrepreneurship as keys to solving the current global financial crisis published in this special issue. The commentary is a valuable resonance board for my own ideas that, in some respects, deviate from those of the authors. I start from a partially different paradigm than the authors, as my theoretical platform is a new science of marketing and service that emerged during the 2000s. I find many of the suggestions logical and thoughtful, but primarily academic and US-centric. Will they work in practice, and especially on a global scale? I think the suggested solutions will work under certain conditions, but the world is imperfect and the necessary conditions are often absent. For example, the article shows confidence in the ability of governments to regulate and control and of research to contribute with more advanced metrics. Here I have doubts. I also find economic and management disciplines require new aspects for proposed solutions to work. Among these new aspects are the lack of genuine corporate social responsibility, growing corruption and crime, and the role of financial leaders whose behavior opened a new research field called “corporate psychopathy.”     

中国与中东欧16国贸易效率和潜力研究——基于非效率项随机前沿引力模型

贸易效率和贸易潜力是衡量国际贸易有效程度、确定未来贸易发展方向的重要指标。基于非效率项随机前沿引力模型,分别在"16+1"和"16+1+10"背景下测算了中国与中东欧16国的贸易效率和潜力,结果表明:中国与中东欧国家的双边贸易效率较高,但贸易潜力不显著;中国对中东欧国家的出口贸易效率低于双边贸易效率,出口贸易潜力超过双边贸易潜力;出口贸易潜力在"16+1+10"背景下较"16+1"背景下有显著提高。由此,提出进一步落实"16+1"合作机制、扩大进口、改进交通运输设施的建议,以期实现贸易潜力,提高贸易效率。