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Keun Lee


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Personal Details

First Name: Keun
Middle Name:
Last Name: Lee

RePEc Short-ID: ple6

Postal Address: prof. Keun Lee Economics Department Seoul National University Seoul, 151-746 KOREA


Division of Economics
Seoul National University
Location: Seoul, South Korea
Phone: 880-6360
Fax: 886-4231
Handle: RePEc:edi:desnukr (more details at EDIRC)


This author is featured on the following reading lists, publication compilations or Wikipedia entries:
  1. Korean Economists


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Working papers

  1. Lee, Keun & Juma, Calestous & Mathews, John, 2014. "Innovation capabilities for sustainable development in Africa," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  2. LEE, Keun & CHOO, Kineung & Yoon, Minho, 2013. "Comparing the Productivity Impacts of Knowledge Spillovers from Network and Arm’s Length Industries:Findings from Business Groups in Korea," IIR Working Paper 13-15, Institute of Innovation Research, Hitotsubashi University.
  3. Keun Lee and John Mathews, 2013. "Science, technology and innovation for sustainable development," CDP Background Papers 016, United Nations, Department of Economics and Social Affairs.
  4. MIYAGAWA Tsutomu & Keun LEE & KABE Shigesaburo & Junhyup LEE & Hyoungjin KIM & YoungGak KIM & EDAMURA Kazuma, 2010. "Management Practices and Firm Performance in Japanese and Korean Firms -An Empirical Study Using Interview Surveys-," Discussion papers 10013, Research Institute of Economy, Trade and Industry (RIETI).
  5. Lee, Keun, 2009. "How Can Korea be a Role Model for Catch-up Development?: A .Capability-based View," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  6. Keun Lee & Tsutomu Miyagawa & Shigesaburo Kabe & Junhyup Lee & Hyoungjin Kim & Young Gak Kim, 2009. "Management Practices and Firm Performance in Japanese and Korean Firms," Microeconomics Working Papers 22990, East Asian Bureau of Economic Research.
  7. Keun Lee & Byung-Kook Kim & Chung H. Lee & Jaeyeol Yee, 2005. "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 3651, The World Bank.
  8. Lee, Keun & Ryu, Keunkwan & Yoon, Jungmo, 2004. "Corporate Governance and Long Term Performance of the Business Groups: The Case of Chaebols in Korea," CEI Working Paper Series 2004-3, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
  9. Bohm Park & Keun Lee, 2001. "Comparative Analysis of Foreign Direct Investment in China : The Korean, the Hong Kong, and the United States Firms in the Shandong Province," Working Paper Series no40, Institute of Economic Research, Seoul National University.
  10. Keun Lee & Donghoon Hahn & Justin Lin, 2001. "China and the East Asian Model A 'Comparative Institutional Analysis'Perspective," Working Paper Series no41, Institute of Economic Research, Seoul National University.
  11. Keun Lee & Donghoon Hahn, 2001. "From Insider-Outsider Collusion to Insider Control in China's SOEs," Working Paper Series no44, Institute of Economic Research, Seoul National University.
  12. Keun Lee, & KeunKwan Ryu & Jung Mo Yoon, 2000. "Productive Efficiency of Chaebols and Non-Chaebol Firms in Korea: Stochastic Production Frontier Estimation using Panel Data," Working Paper Series no36, Institute of Economic Research, Seoul National University.
  13. Keun Lee & Justin Y. Lin & Ha-Joon Chang, 2000. "Late Marketization versus Late Industrialization in East Asia: Convergence and Divergence among Japan, Korea, Taiwan, China, Vietnam, & Mongolia," Working Paper Series no37, Institute of Economic Research, Seoul National University.
  14. Keun Lee, 2000. "From Capital-Driven to Knowledge-Driven Growth in Korea," Working Paper Series no30, Institute of Economic Research, Seoul National University.
  15. Chung H. Lee, Keun Lee and Kangkoo Lee, 2000. "Chaebol, Financial Liberalization, and Economic Crisis: Transformation of Quasi-Internal Organization in Korea," Working Paper Series no31, Institute of Economic Research, Seoul National University.
  16. Keun Lee & Donghoon Hahn, 1999. "Market Competition, Plan Constraints, and Asset Diversion in the Enterprise Groups in China," Working Paper Series no20, Institute of Economic Research, Seoul National University.
  17. Keun Lee & Chaisung Lim, 1999. "Technological Regimes, Catch-up and Leapfrogging: Findings from the Korean Industries," Working Paper Series no17, Institute of Economic Research, Seoul National University.
  18. Keun Lee, 1999. "Corporate Governance and Growth in the Korean Chaebols: A Microeconomic Foundation for the 1997 Crisis," Working Paper Series no18, Institute of Economic Research, Seoul National University.
  19. Keun Lee & William E. James, 1990. "External Shocks, Economic Reforms, and the Foreign Trade Behavior of the Soviet Union, China, and Hungary, 1970-1987," Working Papers 199025, University of Hawaii at Manoa, Department of Economics.


  1. Keun Lee & Jinyoung Kim & Junbyoung Oh & Kyoo-ho Park, 2013. "Economics of Intellectual Property in the Context of a Shifting Innovation Paradigm: A Review from the Perspective of Developing Countries," Global Economic Review, Taylor & Francis Journals, vol. 42(1), pages 29-42, March.
  2. Jun-Youn Kim & Tae-Young Park & Keun Lee, 2013. "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, Eurasia Business and Economics Society, vol. 3(1), pages 100-120, Spring.
  3. Lee, Keun & Kim, Byung-Yeon & Park, Young-Yoon & Sanidas, Elias, 2013. "Big businesses and economic growth: Identifying a binding constraint for growth with country panel analysis," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 561-582.
  4. Kim, Yee Kyoung & Lee, Keun & Park, Walter G. & Choo, Kineung, 2012. "Appropriate intellectual property protection and economic growth in countries at different levels of development," Research Policy, Elsevier, vol. 41(2), pages 358-375.
  5. Hochul Shin & Keun Lee, 2012. "Asymmetric trade protection leading not to productivity but to export share change," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 20(4), pages 745-785, October.
  6. Rajah Rasiah & Thiruchelvam Kanagasundram & Keun Lee, 2011. "Introduction: Governance and coordination modes in driving innovation and learning," Asia Pacific Business Review, Taylor & Francis Journals, vol. 17(2), pages 135-141, April.
  7. Keun Lee & Mansoo Jee & Jong-Hak Eun, 2011. "Assessing China's Economic Catch-Up at the Firm Level and Beyond: Washington Consensus, East Asian Consensus and the Beijing Model," Industry and Innovation, Taylor & Francis Journals, vol. 18(5), pages 487-507.
  8. Jong-Hak Eun & Keun Lee, 2010. "An Empirical Inquiry Into "Academy-Run Enterprises" In China: Unique Characteristics And Evolutionary Changes," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 14(01), pages 123-150.
  9. Moosup Jung & Keun Lee, 2010. "Sectoral systems of innovation and productivity catch-up: determinants of the productivity gap between Korean and Japanese firms," Industrial and Corporate Change, Oxford University Press, vol. 19(4), pages 1037-1069, August.
  10. Cheong, Kwang Soo & Choo, Kineung & Lee, Keun, 2010. "Understanding the behavior of business groups: A dynamic model and empirical analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 76(2), pages 141-152, November.
  11. Lee, Keun & Kim, Ji Youn & Lee, Oonkyu, 2010. "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, Elsevier, vol. 24(3), pages 412-440, September.
  12. Keun Lee & John A. Mathews, 2010. "From Washington Consensus to BeST Consensus for world development," Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol. 24(1), pages 86-103, 05.
  13. Eom, Boo-Young & Lee, Keun, 2010. "Determinants of industry-academy linkages and, their impact on firm performance: The case of Korea as a latecomer in knowledge industrialization," Research Policy, Elsevier, vol. 39(5), pages 625-639, June.
  14. Keun Lee & Raeyoon Kang, 2010. "University-Industry Linkages and Economic Catch-Up in Asia," Millennial Asia, , vol. 1(2), pages 151-169.
  15. Bong-Kyo Seo & Keun Lee & Xiaozu Wang, 2010. "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, Oxford University Press, vol. 19(6), pages 2041-2072, December.
  16. Keun Lee & Tilahun Temesgen, 2009. "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, Inderscience Enterprises Ltd, vol. 2(3), pages 139-172.
  17. Keun Lee & Xuehua Jin, 2009. "The origins of business groups in China: An empirical testing of the three paths and the three theories," Business History, Taylor & Francis Journals, vol. 51(1), pages 77-99.
  18. Lee, Keun & Kim, Byung-Yeon, 2009. "Both Institutions and Policies Matter but Differently for Different Income Groups of Countries: Determinants of Long-Run Economic Growth Revisited," World Development, Elsevier, vol. 37(3), pages 533-549, March.
  19. Kineung Choo & Keun Lee & Keunkwan Ryu & Jungmo Yoon, 2009. "Changing Performance of Business Groups over Two Decades: Technological Capabilities and Investment Inefficiency in Korean Chaebols," Economic Development and Cultural Change, University of Chicago Press, vol. 57(2), pages 359-386, 01.
  20. Furong Jin & Keun Lee & Yee-Kyoung Kim, 2008. "Changing Engines of Growth in China: From Exports, FDI and Marketization to Innovation and Exports," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 16(2), pages 31-49.
  21. Yoon-Zi Kim & Keun Lee, 2008. "Sectoral Innovation System and a Technological Catch-up: The Case of the Capital Goods Industry in Korea," Global Economic Review, Taylor & Francis Journals, vol. 37(2), pages 135-155.
  22. Lee, Keun & Lee, Chung H., 2008. "The miracle to crisis and the mirage of the postcrisis reform in Korea: Assessment after ten years," Journal of Asian Economics, Elsevier, vol. 19(5-6), pages 425-437.
  23. Lee, Keonbeom & Peng, Mike W. & Lee, Keun, 2008. "From diversification premium to diversification discount during institutional transitions," Journal of World Business, Elsevier, vol. 43(1), pages 47-65, January.
  24. Kim, Byung-Yeon & Kim, Suk Jin & Lee, Keun, 2007. "Assessing the economic performance of North Korea, 1954-1989: Estimates and growth accounting analysis," Journal of Comparative Economics, Elsevier, vol. 35(3), pages 564-582, September.
  25. Eun, Jong-Hak & Lee, Keun & Wu, Guisheng, 2006. "Explaining the "University-run enterprises" in China: A theoretical framework for university-industry relationship in developing countries and its application to China," Research Policy, Elsevier, vol. 35(9), pages 1329-1346, November.
  26. Kyoo-Ho Park & Keun Lee, 2006. "Linking the technological regime to the technological catch-up: analyzing Korea and Taiwan using the US patent data," Industrial and Corporate Change, Oxford University Press, vol. 15(4), pages 715-753, August.
  27. Mu, Qing & Lee, Keun, 2005. "Knowledge diffusion, market segmentation and technological catch-up: The case of the telecommunication industry in China," Research Policy, Elsevier, vol. 34(6), pages 759-783, August.
  28. Keun Lee & Justin Y. Lin & Ha-Joon Chang, 2005. "Late Marketisation versus Late Industrialisation in East Asia," Asian-Pacific Economic Literature, Asia Pacific School of Economics and Government, The Australian National University, vol. 19(2), pages 42-59, 05.
  29. Chang-Wook Kim & Keun Lee, 2003. "Innovation, technological regimes and organizational selection in industry evolution: a 'history friendly model' of the DRAM industry," Industrial and Corporate Change, Oxford University Press, vol. 12(6), pages 1195-1221, December.
  30. Lee, Keun & Lim, Chaisung, 2001. "Technological regimes, catching-up and leapfrogging: findings from the Korean industries," Research Policy, Elsevier, vol. 30(3), pages 459-483, March.
  31. Lee, Keun, 1993. "Property Rights and the Agency Problem in China's Enterprise Reform," Cambridge Journal of Economics, Oxford University Press, vol. 17(2), pages 179-94, June.
  32. Kang, Myoung-Kyu & Lee, Keun, 1992. "Industrial systems and reform in North Korea: A comparison with China," World Development, Elsevier, vol. 20(7), pages 947-958, July.
  33. Lee, Keun & Mark, Shelley, 1991. "Privatization in China's industry," China Economic Review, Elsevier, vol. 2(2), pages 157-173.
  34. Lee, Keun & James, William E, 1991. " External Shocks, Economic Reforms, and the Foreign Trade Behavior of the Soviet Union, China, and Hungary, 1970-1987," Economic Change and Restructuring, Springer, vol. 24(2), pages 65-91.
  35. Lee, Keun, 1990. "The Chinese model of the socialist enterprise: An assessment of its organization and performance," Journal of Comparative Economics, Elsevier, vol. 14(3), pages 384-400, September.


  1. Lee,Keun, 2013. "Schumpeterian Analysis of Economic Catch-up," Cambridge Books, Cambridge University Press, number 9781107042681.


  1. Research Policy, Elsevier.

NEP Fields

15 papers by this author were announced in NEP, and specifically in the following field reports (number of papers):
  1. NEP-BEC: Business Economics (1) 2010-04-11
  2. NEP-CSE: Economics of Strategic Management (3) 2010-04-11 2013-04-20 2014-05-17
  3. NEP-DEV: Development (2) 1999-07-28 2000-04-04
  4. NEP-EDU: Education (1) 2000-04-04
  5. NEP-FIN: Finance (2) 1999-07-28 1999-09-09
  6. NEP-HIS: Business, Economic & Financial History (2) 1999-09-09 2000-04-11
  7. NEP-IFN: International Finance (1) 2001-02-27
  8. NEP-INO: Innovation (3) 2000-04-04 2013-04-20 2014-05-17
  9. NEP-IPR: Intellectual Property Rights (1) 2013-04-20
  10. NEP-KNM: Knowledge Management & Knowledge Economy (2) 2013-04-20 2014-05-17
  11. NEP-SBM: Small Business Management (1) 2010-04-11
  12. NEP-SEA: South East Asia (3) 2002-04-03 2002-04-03 2002-04-03


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