Details about Keun Lee

E-mail:
Homepage:	http://www.keunlee.com
Postal address:	prof. Keun Lee Economics Department Seoul National University Seoul, 151-746 KOREA
Workplace:	Division of Economics, Seoul National University, (more information at EDIRC)

Access statistics for papers by Keun Lee.

Last updated 2021-01-13. Update your information in the RePEc Author Service.

Short-id: ple6

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Working Papers

2020

1. Local-foreign technology interface, resource-based development, and industrial policy: how Chile and Malaysia are escaping the middle-income trap
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library

2018

2. Modern evolutionary economics: an overview
   Post-Print, HAL View citations (14)

2017

3. Differential Impacts of Currency Undervaluation on Growth and Exports in Natural Resource vs. Manufacturing Exporting Countries
   Working Papers, eSocialSciences
   Also in Indira Gandhi Institute of Development Research, Mumbai Working Papers, Indira Gandhi Institute of Development Research, Mumbai, India (2016)
4. From Global Value Chains (GVC) to Innovation Systems for Local Value Chains and Knowledge
   Working Paper Series, Institute of Economic Research, Seoul National University View citations (3)

2014

5. Innovation Capabilities for Sustainable Development in Africa
   WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER)
6. Is Productivity Growth Correlated with Improvements in Management Quality? An empirical study using interview surveys in Korea and Japan
   Discussion papers, Research Institute of Economy, Trade and Industry (RIETI)
7. The Possibility of Achieving Economic Catch-up in North Korea: Policy Options under Transition Scenarios (in Korean)
   Working Papers, Economic Research Institute, Bank of Korea

2013

8. Comparing the Productivity Impacts of Knowledge Spillovers from Network and Arm’s Length Industries:Findings from Business Groups in Korea
   IIR Working Paper, Institute of Innovation Research, Hitotsubashi University
9. Science, technology and innovation for sustainable development
   CDP Background Papers, United Nations, Department of Economics and Social Affairs View citations (3)

2010

10. Management Practices and Firm Performance in Japanese and Korean Firms -An Empirical Study Using Interview Surveys-
    Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) View citations (4)

2009

11. How Can Korea be a Role Model for Catch-up Development?: A 'Capability-based View'
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER) View citations (64)
12. Management Practices and Firm Performance in Japanese and Korean Firms
    Microeconomics Working Papers, East Asian Bureau of Economic Research View citations (1)

2005

13. Visible success and invisible failure in post-crisis reform in the Republic of Korea: interplay of the global standards, agents, and local specificity
    Policy Research Working Paper Series, The World Bank

2004

14. Corporate Governance and Long Term Performance of the Business Groups: The Case of Chaebols in Korea
    CEI Working Paper Series, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University

2000

15. Chaebol, Financial Liberalization, and Economic Crisis: Transformation of Quasi-Internal Organization in Korea
    Working Papers, University of Hawaii at Manoa, Department of Economics View citations (2)

1997

16. The Road to the Market in North Korea: Projects, Problems and Prospects
    WIDER Working Paper Series, World Institute for Development Economic Research (UNU-WIDER)

1990

17. External Shocks, Economic Reforms, and the Foreign Trade Behavior of the Soviet Union, China, and Hungary, 1970-1987
    Working Papers, University of Hawaii at Manoa, Department of Economics
    See also Journal Article in Economic Change and Restructuring (1991)

Journal Articles

2020

1. Give and Take: Developmental Foreign Aid and the Pharmaceutical Industry in East Africa by Nitsan Chorev, Princeton, NJ, Princeton University Press, 2020, xii + 305 pp
   The Developing Economies, 2020, 58, (3), 242-245
2. Introduction to the special issue from the 2018 ISS conference
   Journal of Evolutionary Economics, 2020, 30, (4), 891-895
3. Is the Fourth Industrial Revolution a window of opportunity for upgrading or reinforcing the middle-income trap? Asian model of development in Southeast Asia
   Journal of Economic Policy Reform, 2020, 23, (4), 408-425 View citations (1)
4. National innovation systems, economic complexity, and economic growth: country panel analysis using the US patent data
   Journal of Evolutionary Economics, 2020, 30, (4), 897-928
5. The fourth industrial revolution, changing global value chains and industrial upgrading in emerging economies
   Journal of Economic Policy Reform, 2020, 23, (4), 359-370

2019

6. Employment effect of innovation under different market structures: Findings from Korean manufacturing firms
   Technological Forecasting and Social Change, 2019, 146, (C), 606-615 View citations (2)
7. Impact of Financialization and Financial Development on Inequality:  Panel Cointegration Results Using OECD Data*
   Asian Economic Papers, 2019, 18, (1), 69-90 View citations (1)
8. What determines the economic size of a nation in the world: Determinants of a nation’s share in world GDP vs. per capita GDP
   Structural Change and Economic Dynamics, 2019, 51, (C), 203-214 View citations (2)

2018

9. Adding-Up Problem and Wage–Productivity Gap in Exports of Developing Countries: A Source of the Middle-Income Trap
   The European Journal of Development Research, 2018, 30, (5), 769-788
10. Correction to: From Global Value Chains (GVC) to Innovation Systems for Local Value Chains and Knowledge Creation
    The European Journal of Development Research, 2018, 30, (3), 575-575 View citations (9)
11. From Global Value Chains (GVC) to Innovation Systems for Local Value Chains and Knowledge Creation
    The European Journal of Development Research, 2018, 30, (3), 424-441 View citations (9)
12. Projecting the Arena of Inclusion: The Case of South Korea in Pursuing a Phased Inclusive Growth Process
    Review of Policy Research, 2018, 35, (4), 590-616
13. Technological catch-up by east Asian firms: Trends, issues, and future research agenda
    Asia Pacific Journal of Management, 2018, 35, (3), 639-669 View citations (10)

2017

14. A history-friendly model of the successive changes in industrial leadership and the catch-up by latecomers
    Research Policy, 2017, 46, (2), 431-446 View citations (11)
15. Catch-up cycles and changes in industrial leadership:Windows of opportunity and responses of firms and countries in the evolution of sectoral systems
    Research Policy, 2017, 46, (2), 338-351 View citations (47)
16. Dynamics of the growth–inequality nexus in China: roles of surplus labor, openness, education, and technical change in province-panel analysis
    Journal of Economic Policy Reform, 2017, 20, (1), 1-25
17. Erratum to: An open letter to Mr. Secretary general of the united nations to propose setting up global standards for conquering growth limits of capitalism
    Journal of Open Innovation: Technology, Market, and Complexity, 2017, 3, (2), 1-1
18. Industrial catch-up in China: a sectoral systems of innovation perspective
    Cambridge Journal of Regions, Economy and Society, 2017, 10, (1), 59-76 View citations (3)
19. Industry dynamics with diversity in firms’ catch-up strategies and demand conditions: a simulation approach
    Economics of Innovation and New Technology, 2017, 26, (8), 755-778 View citations (1)
20. Rise of latecomers and catch-up cycles in the world steel industry
    Research Policy, 2017, 46, (2), 365-375 View citations (13)

2016

21. An open letter to Mr. Secretary general of the united nations to propose setting up global standards for conquering growth limits of capitalism
    Journal of Open Innovation: Technology, Market, and Complexity, 2016, 2, (4), 1-4
22. Editor's Choice Comparing the productivity impacts of knowledge spillovers from network and arm’s length industries: findings from business groups in Korea
    Industrial and Corporate Change, 2016, 25, (3), 407-427 View citations (3)
23. Embodied technology transfer and learning by exporting in the Ethiopian manufacturing sector
    Innovation and Development, 2016, 6, (2), 281-303 View citations (1)
24. When an Importer's Protection of IPR Interacts with an Exporter's Level of Technology: Comparing the Impacts on the Exports of the North and South
    The World Economy, 2016, 39, (6), 772-802 View citations (6)

2015

25. An Exploratory Study on the Transition from OEM to OBM: Case Studies of SMEs in Korea
    Industry and Innovation, 2015, 22, (5), 423-442 View citations (2)
26. Different Impacts of Scientific and Technological Knowledge on Economic Growth: Contrasting Science and Technology Policy in East Asia and Latin America
    Asian Economic Policy Review, 2015, 10, (1), 43-66 View citations (5)
27. Does openness lead to sustained economic growth? Export growth versus other variables as determinants of economic growth
    Journal of the Asia Pacific Economy, 2015, 20, (3), 345-368 View citations (4)
28. Erratum to: Heterogeneous expectations leading to bubbles and crashes in asset markets: Tipping point, herding behavior and group effect in an agent-based model
    Journal of Open Innovation: Technology, Market, and Complexity, 2015, 1, (1), 1-1 View citations (3)
29. Heterogeneous expectations leading to bubbles and crashes in asset markets: Tipping point, herding behavior and group effect in an agent-based model
    Journal of Open Innovation: Technology, Market, and Complexity, 2015, 1, (1), 1-13 View citations (3)
    Also in Journal of Open Innovation: Technology, Market, and Complexity, 2015, 1, (1), 1-13 (2015) View citations (3)
30. How Absorptive Capacity is Formed in a Latecomer Economy: Different Roles of Foreign Patent and Know-how Licensing in Korea
    World Development, 2015, 66, (C), 678-694 View citations (4)
31. Limited Catch-up in China’s Semiconductor Industry: A Sectoral Innovation System Perspective
    Millennial Asia, 2015, 6, (2), 147-175 View citations (1)
32. Overseas factories, domestic employment, and technological hollowing out: a case study of Samsung’s mobile phone business
    Review of World Economics (Weltwirtschaftliches Archiv), 2015, 151, (3), 461-475 View citations (1)
33. Special issue on economic development and industrial upgrading: East Asia and China
    Journal of the Asia Pacific Economy, 2015, 20, (3), 343-344 View citations (1)

2014

34. Catching-up or Leapfrogging in the Indian IT Service Sector: Windows of Opportunity, Path-creating, and Moving up the Value Chain
    Development Policy Review, 2014, 32, (4), 495-518 View citations (9)
35. Growth Miracle and Slowdown in Mauritius Compared with Bangladesh: An Example of the Adding-up Problem among Developing Countries
    Millennial Asia, 2014, 5, (2), 197-217 View citations (1)
36. Possibility of a Middle Income Trap in China: Assessment in Terms of the Literature on Innovation, Big Business and Inequality
    Frontiers of Economics in China, 2014, 9, (3), 370-397 View citations (2)

2013

37. Big businesses and economic growth: Identifying a binding constraint for growth with country panel analysis
    Journal of Comparative Economics, 2013, 41, (2), 561-582 View citations (8)
38. Catch-Up by Indigenous Firms in the Software Industry and the Role of the Government in China: A Sectoral System of Innovation (SSI) Perspective
    Eurasian Business Review, 2013, 3, (1), 100-120 View citations (8)
39. Economics of Intellectual Property in the Context of a Shifting Innovation Paradigm: A Review from the Perspective of Developing Countries
    Global Economic Review, 2013, 42, (1), 29-42 View citations (3)
40. Measuring the elements of knowledge regimes and their links to technological catch-up: a synthesis based on the East Asian experience
    Innovation and Development, 2013, 3, (1), 37-53

2012

41. Appropriate intellectual property protection and economic growth in countries at different levels of development
    Research Policy, 2012, 41, (2), 358-375 View citations (96)
42. Asymmetric trade protection leading not to productivity but to export share change
    The Economics of Transition, 2012, 20, (4), 745-785 View citations (1)
43. Places for Korean firms in China: looking for a viable international division of labor in 1990–2010
    Journal of the Asia Pacific Economy, 2012, 17, (1), 4-21

2011

44. Assessing China's Economic Catch-Up at the Firm Level and Beyond: Washington Consensus, East Asian Consensus and the Beijing Model
    Industry and Innovation, 2011, 18, (5), 487-507 View citations (6)
45. Introduction: Governance and coordination modes in driving innovation and learning
    Asia Pacific Business Review, 2011, 17, (2), 135-141 View citations (1)

2010

46. AN EMPIRICAL INQUIRY INTO "ACADEMY-RUN ENTERPRISES" IN CHINA: UNIQUE CHARACTERISTICS AND EVOLUTIONARY CHANGES
    International Journal of Innovation Management (ijim), 2010, 14, (01), 123-150
47. Causes for changing performance of the business groups in a transition economy: market-level versus firm-level factors in China -super-‡
    Industrial and Corporate Change, 2010, 19, (6), 2041-2072 View citations (5)
48. Determinants of industry-academy linkages and, their impact on firm performance: The case of Korea as a latecomer in knowledge industrialization
    Research Policy, 2010, 39, (5), 625-639 View citations (59)
49. From Washington Consensus to BeST Consensus for world development
    Asian-Pacific Economic Literature, 2010, 24, (1), 86-103 View citations (8)
50. Long-term evolution of the firm value and behavior of business groups: Korean chaebols between weak premium, strong discount, and strong premium
    Journal of the Japanese and International Economies, 2010, 24, (3), 412-440 View citations (7)
51. Samsung's catch-up with Sony: an analysis using US patent data
    Journal of the Asia Pacific Economy, 2010, 15, (3), 271-287 View citations (3)
52. Sectoral systems of innovation and productivity catch-up: determinants of the productivity gap between Korean and Japanese firms
    Industrial and Corporate Change, 2010, 19, (4), 1037-1069 View citations (26)
53. Understanding the behavior of business groups: A dynamic model and empirical analysis
    Journal of Economic Behavior & Organization, 2010, 76, (2), 141-152 View citations (4)
54. University-Industry Linkages and Economic Catch-Up in Asia
    Millennial Asia, 2010, 1, (2), 151-169 View citations (1)

2009

55. Both Institutions and Policies Matter but Differently for Different Income Groups of Countries: Determinants of Long-Run Economic Growth Revisited
    World Development, 2009, 37, (3), 533-549 View citations (100)
56. Changing Performance of Business Groups over Two Decades: Technological Capabilities and Investment Inefficiency in Korean Chaebols
    Economic Development and Cultural Change, 2009, 57, (2), 359-386 View citations (4)
57. The origins of business groups in China: An empirical testing of the three paths and the three theories
    Business History, 2009, 51, (1), 77-99 View citations (7)
58. What makes firms grow in developing countries? An extension of the resource-based theory of firm growth and empirical analysis
    International Journal of Technological Learning, Innovation and Development, 2009, 2, (3), 139-172 View citations (1)

2008

59. Changing Engines of Growth in China: From Exports, FDI and Marketization to Innovation and Exports
    China & World Economy, 2008, 16, (2), 31-49 View citations (6)
60. From diversification premium to diversification discount during institutional transitions
    Journal of World Business, 2008, 43, (1), 47-65 View citations (46)
61. Sectoral Innovation System and a Technological Catch-up: The Case of the Capital Goods Industry in Korea
    Global Economic Review, 2008, 37, (2), 135-155 View citations (14)
62. The miracle to crisis and the mirage of the postcrisis reform in Korea: Assessment after ten years
    Journal of Asian Economics, 2008, 19, (5-6), 425-437 View citations (4)

2007

63. Assessing the economic performance of North Korea, 1954-1989: Estimates and growth accounting analysis
    Journal of Comparative Economics, 2007, 35, (3), 564-582 View citations (3)

2006

64. Explaining the "University-run enterprises" in China: A theoretical framework for university-industry relationship in developing countries and its application to China
    Research Policy, 2006, 35, (9), 1329-1346 View citations (38)
65. Linking the technological regime to the technological catch-up: analyzing Korea and Taiwan using the US patent data
    Industrial and Corporate Change, 2006, 15, (4), 715-753 View citations (40)

2005

66. Knowledge diffusion, market segmentation and technological catch-up: The case of the telecommunication industry in China
    Research Policy, 2005, 34, (6), 759-783 View citations (58)

2003

67. Comparative analysis of foreign direct investment in China Firms from South Korea, Hong Kong, and the United States in Shandong province
    Journal of the Asia Pacific Economy, 2003, 8, (1), 57-84
68. Innovation, technological regimes and organizational selection in industry evolution: a 'history friendly model' of the DRAM industry
    Industrial and Corporate Change, 2003, 12, (6), 1195-1221 View citations (8)

2001

69. Technological regimes, catching-up and leapfrogging: findings from the Korean industries
    Research Policy, 2001, 30, (3), 459-483 View citations (164)

1996

70. An assessment of the state sector reform in China: Viability of ‘legal person socialism’
    Journal of the Asia Pacific Economy, 1996, 1, (1), 105-121 View citations (1)

1993

71. Property Rights and the Agency Problem in China's Enterprise Reform
    Cambridge Journal of Economics, 1993, 17, (2), 179-94 View citations (8)

1992

72. Industrial systems and reform in North Korea: A comparison with China
    World Development, 1992, 20, (7), 947-958 View citations (2)
73. States, Markets and Economic Development in East Asian Capitalism and Socialism
    Development Policy Review, 1992, 10, (2), 107-130

1991

74. External Shocks, Economic Reforms, and the Foreign Trade Behavior of the Soviet Union, China, and Hungary, 1970-1987
    Economic Change and Restructuring, 1991, 24, (2), 65-91
    See also Working Paper (1990)
75. Privatization in China's industry
    China Economic Review, 1991, 2, (2), 157-173 View citations (3)

1990

76. The Chinese model of the socialist enterprise: An assessment of its organization and performance
    Journal of Comparative Economics, 1990, 14, (3), 384-400 View citations (3)

Books

2019

1. The Art of Economic Catch-Up
   Cambridge Books, Cambridge University Press
   Also in Cambridge Books, Cambridge University Press (2019)

2018

2. Modern Evolutionary Economics
   Cambridge Books, Cambridge University Press View citations (4)
   Also in Cambridge Books, Cambridge University Press (2018) View citations (4)

2013

3. Schumpeterian Analysis of Economic Catch-up
   Cambridge Books, Cambridge University Press View citations (20)

00

4. Economic Catch-up and Technological Leapfrogging
   Books, Edward Elgar Publishing View citations (1)

Edited books

2018

1. Innovation in the Asia Pacific
   Springer Books, Springer

2015

2. Developing National Systems of Innovation
   Books, Edward Elgar Publishing View citations (1)

2014

3. Intellectual Property for Economic Development
   Books, Edward Elgar Publishing View citations (3)

Chapters

2015

1. Are university–industry links meaningful for catch up ? A comparative analysis of five Asian countries
   Chapter 2 in Developing National Systems of Innovation, 2015, pp 55-92 View citations (1)

2014

2. Introduction
   Chapter 1 in Intellectual Property for Economic Development, 2014, pp 1-8
3. Patents versus utility models in a dynamic change of an economy: Korea
   Chapter 4 in Intellectual Property for Economic Development, 2014, pp 90-119

2012

4. Explaining Divergent Stories of Catch-up in the Telecommunication Equipment Industry in Brazil, China, India and Korea
   Chapter 2 in Economic Development as a Learning Process, 2012 View citations (3)

2009

5. Making a technological catch-up in the capital goods industry: barriers and opportunities in the Korean case
   Chapter 9 in Sectoral Systems of Innovation and Production in Developing Countries, 2009

Editor

1. Research Policy
   Elsevier