The Center for Korean Studies is pleased to join with the University of Hawaii at Manoa Department of Economics in presenting this year’s Seiji Naya Asia-Pacific Lecture. The lecture will be delivered by Keun Lee, director of the Center for Economic Catch-up and professor of economics at Seoul National University. His topic is “Innovation and Economic Catch-Up in Asia: Why Middle-Income Nations Fail.”
The lecture will be presented in the Center for Korean Studies auditorium on Friday, October 11, 2013, from 3:30 p.m. to 5:00 p.m. A reception will follow. The lecture is free and open to the public.
Professor Lee will discuss the research findings published in his new book, Schumpeterian Analysis of Economic Catch-up: Knowledge, Path-Creation, and the Middle-Income Trap (Cambridge University Press). Lee has analyzed the reasons why some Asian countries, including China, have managed to move, or are moving, beyond the so-called middle-income trap to catch up with the most advanced economies of the world while others, in Latin America, for example, have failed to do so.
Lee’s study is one of the first to apply methods of using patent data to analyze innovation systems at the country, sector and firms levels in order to explore their impact on economic performance. His book also offers a comprehensive policy framework for economic development, from a Schumpeterian perspective focused on technology and innovation, to show how to achieve sustained economic growth beyond the level of the middle incomes.
Keun Lee holds a Ph.D. degree from the University of California, Berkeley. He has been a consultant at the World Bank; a lecturer at the University of Aberdeen, Scotland; and a research fellow at the East-West Center. His main research topic is the economics of catch-up with a focus on the role of business groups, corporate governance and growth, industrial policy, innovation and technology policy, and system transition in the context of Korea, China, and other Asian economies.