The Fondation France-Japon de l'EHESS has organized a conference by Professor Keun Lee (Seoul National University) in which he will present his article, "Catch-up Cycles and Changes in Industrial Leadership: Windows of Opportunity and Responses of Firms and Countries in the Evolution of Sectoral Systems", published in Research Policy (Volume 46, Issue 2, March 2017) and co-written with Franco Malerba.
Professor Keun Lee is a Professor of Economics at the Seoul National University, and the founding director of the Center for Economic Catchup. He has been awarded the 2014 Schumpeter Prize. He is currently the President of the International Schumpeter Society and a member of the Committee for Development Policy of UN and an editor of Research Policy. He obtained Ph.D. in economics from the University of California, Berkeley, and had working experience at the World Bank.
The article addresses the issue of changes in the industry leadership in 6 sectors with a new theoretical framework called ‘‘catch up cycles’’. The 6 sectors are identified as sectors of steel, camera, cell phones, wines, mid-sized jets and semiconductors. To identify factors at the base of catch-up cycles, this article adopts a sectoral system framework and identifies windows of opportunity that may emerge during the long-run evolution of an industry.
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