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Address: 11 Myasnitskaya Ulitsa, room 443
ORCID: 0000-0002-0403-6348
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Keun Lee

  • Keun Lee has been at HSE University since 2019.

Education and Degrees

  • 1989

    University of California, Berkeley

  • 1987

    Master of Arts
    University of California

Winner of the 2014 Schumpeter Prize


Editor, Research Policy (the top journal in innovation studies with IF 4.5)

Associate Editor, Industrial and Corporate Change (the leading journal in Schumpeterian economics)

Editor, Seoul Journal of Economics

Member of the Editorial Board:

African Journal of Science, Technology, Innovation & Development

Asian Economic Journal (Blackwell)

Evolutionary and Institutional Economics Review

Innovation and Development (Taylor & Francis)

Global Economic Review (Francis-Cass)

China Economic Journal

International Journal of Institutions and Economies

Korean Studies (UH press) 

Millennial Asia


Awarded the 2014 Schumpeter Award (for his book on Schumpeterian Analysis of Economic Catch-up, Cambridge Univ Press) by the International Schumpeter Society (Germany), 2014 July (first time awarded to a professor affiliated to non-Western world based college)

Awarded the Academic Prize by the National Academy of Sciences of Korea. 2015

The Award for the Research on the Korean economy (Korean Economic Association: 2017, 2)

Accepted as a life-time fellow of the Korea Academy of Science and Technology, Dec. 2011

Recognized as one of the 100 Talents to shine Korea in 2020. Dong-A newspaper, April 2010

Awarded the Grand Prize of the Market Economy Research by the Korea Federation of Industry, 2009, December

The Chung Foundation Award: A Prize for best book of year, awarded by Maeil Business Newspaper, July 2009

Received the First SNU Research Award by the Seoul National University, 2008

Chung-ram Prize, 2004 by the Korean Economic Association, (best economist in Korea of age 45 or less)

Listed in Marquis Who's Who in the World (1997, 14th edition)

Maekyung Economist Award (Prize for the best economics article of the year: March 24 1998)


Selected Articles in Journals

Varieties of capitalism and East Asia: Long-term evolution, structural change, and the end of East Asian capitalism (with H. Shin), Structural Changes and Economic Dynamics (IF=1.54), https://doi.org/10.1016/j.strueco. 2018.06.006 (forthcoming)

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 (with Shin, W. Park) World Economy, 2015

Big Businesses and Economic Growth: Identifying binding constraints for Growth by Country panel analysis (with E Sanidas, B Kim, ) Journal of Comparative Economics, May 2013. Vol. 41 no 2: 561-82

Appropriate Intellectual Property Protection and Economic Growth in Countries at Different Levels of Development (with YK Kim, W. Park, K. Choo), Research Policy 41, no 2: 358-75.March 2012

Sectoral Systems of Innovations and Productivity Catch-up by the Korean firms with the Japanese firms (with M. Jung), Industrial and Corporate Change, July 2010

Determinants of Industry-Academy Linkages and Their Impacts on Firm Performance: Case of Korea as a Late-comer in Knowledge Industrialization (with B. Eom), Research Policy, 2010, vol;.39 (5): 625-639

Both institutions and Policies matter but differently at different income groups of countries: determinants of long run economic growth revisited (with BY Kim), World Development, March 2009, vol. 37, no 3: pp. 533-549

Explaining the “University-run Enterprises” in China: A New Theoretical Framework for University-Industry Relationship in developing countries and its Application to China (with J. Eun and G. Wu), Research Policy, vol. 35 no. 9: 1329-46, 2006

Linking Technological Regimes and Technological Catch-up: Analysis of Korea and Taiwan using the US patent data (with K. Park), Industrial and Corporate Change 15 (4): 715-53, 2006 (July)

Knowledge diffusion, market segmentation and technological catch-up: The case of the telecommunication industry in China (with Qing Mu), Research Policy, 34 (6): 759-83, Aug. 2005

Health Innovation Networks to Help Developing Countries Address Neglected Diseases (with Carlos M. Morel and others), Science Vol. 309, July 2005


Key Single-authored Books

Keun Lee, The Art of Economic Catch-up: barriers, detours and leapfrogging. Cambridge Univ, Press, March 2019 (forthcoming; also to be in Chinese by the Peiking Univ. Press).

Keun Lee, Schumpeterian Analysis of Economic Catch-up: Knowledge, Path-creation, and Middle Income Trap, Cambridge Univ. Press 2013. (Winner of 2014 Schumpeter Prize). Cited 272 times byGoogle Scholar, 18/09’ also published in Chinese by the Tsinghua Univ Press)

Keun Lee, Economic Catch-up and Technological Leapfrogging: A Path to Development in Korea, 2016, Edward Elgar.

Keun Lee, New East Asian Economic Development: Interacting Capitalism and Socialism. New York: M. E. Sharpe, November, 1993.

Keun Lee, Chinese Firms and the State in Transition: Property Rights and Agency Problems in the Reform Era, New York: M. E. Sharpe. 215 pages, 1991 (this is based on my Ph D thesis from the Univ. California, Berkeley)

Research projects

Participation in research events

Special workshop "Technological Upgrading" under X International Academic Conference "Foresight and STI Policy", HSE, Moscow, Russia (online), 13 November 2020. Presentation: "Economics of Technological Leapfrogging".
X International Academic Conference "Foresight and STI Policy", HSE, Moscow, Russia, 20-22 November 2019. Presentation: "National Innovation Systems in BRICS in International Comparison)".


Grant for Global Korean Studies Lab from the Academy of Korean Studies (www.aks.ac.kr) for the period of 2018-2022 for a research project on “Following via a Detour to Converge or Forging a New Path to Diverge? A Comparative Study of  Korea’s Development Trajectory) involving 6 scholars in and out of Korea

Selected as the “National Scholar” in 2007 by the Ministry of Education., Korea, with the 5 Year Grant (26,000 $ /year)

Awarded the WCU (World Class University) Research Grant, National Research Foundation, Korea, 2009

Employment history

Professor, Seoul National University (From October 2001 to present)

Director, Institute for China Studies, Seoul Nat’l Univ. (from July 2006 to 2008)

Consultant, Development Research Group, World Bank (August 2004 to August 2005)

Associate Professor, Seoul National University (From October 1997 to September 2002)

Assistant Professor, Seoul National University (From August 1992 to October 1997)

Visiting Scholar, University of California, Davis (from Jan 1999 to July 1999)

Lecturer in Economics, University of Aberdeen, U.K. (From Jan. 1992 to June 1992)

Research Fellow, East-West Center, Honolulu, USA (From July 1989 to Jan. 1992)