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Posted by on Aug 5, 2017 in Past Events |

International FORUM: Catch-up Cycles for Emerging Economies and Changes in Industrial Leadership: Brazil in the Race [August, 22, 2017, 8:30-12:30]



Dr. KEUN LEE 李根 (
Professor (Economics Department), Seoul National University;
Director of Center for Economic Catch-up (;
An Editor for Research Policy


Keun Lee is a Professor of Economics at the Seoul National University, and the founding director of the Center for Economic Catch-up. He has been awarded the 2014 Schumpeter Prize for his monograph on Schumpeterian Analysis of Economic Catch-up: Knowledge, Path-creation and the Middle Income Trap (2013 Cambridge Univ. Press). He is now the President of the International Schumpeter Society, a member of the Committee for Development Policy of UN, an editor of Research Policy, a council member of the World Economic Forum, and a member of the governing board of Globelics. He obtained Ph.D. in economics from the University of California, Berkeley, and had working experience at the World Bank, University of Aberdeen, and the East West Center, Hawaii. One of his most cited articles is a paper on Korea’s Technological Catch-up published in Research Policy, with 955 or so citations (Google Scholar). His H-index is now 33, with 80 papers with more than 10 citations.

Authored:  Economic Catch-up and Technological Leapfrogging: Path to Development & Macroeconomic Stability in Korea (2016, E Elgar); Schumpeterian analysis of Economic catch-up (Cambridge Univ P. 2013: awarded Schumpeter Prize).
Author’s citations:


This paper (Lee and Malerba 2017, RP) proposes a framework that aims to explains why successive changes in industry leadership (called also catch up cycle) occur over tine in a sector. In catch-up cycles, latecomer firms and countries emerge as international leaders, whereas incumbents lose their previous positions. New leaders are then dethroned by newcomers. To identify factors at the base of catch-up cycles, this paper adopts a  sectoral system framework and identifies windows of opportunity that may emerge during the long-run evolution of an industry. This study proposes three windows related to the specific dimensions of a sectoral system. One dimension is related to changes in knowledge and technology. The second dimension pertains to changes in demand, and the third includes changes in institutions and public policy. The combination of  the  opening of a window (technological, demand, or institutional/policy) and the responses of firms and other components of the sectoral system of the latecomer and incumbent countries determine changes in industrial leadership and catch-up. Sectors differ according to the type of windows that may open and the responses of firms and other components of systems. Empirical evidence of catch-up cycles is presented from six sectors, namely mobile phones, cameras, semiconductors, steel, mid-sized jets, and wines.

The Forum is organized by the São Paulo Excellence Chair in Innovation Systems, Strategy and Policy (InSySPo) and UNICAMP’s Department of Science and Technology Policy with generous funding support by the São Paulo Research Foundation (FAPESP).

The location of the activity is the main campus of UNICAMP adjascent to the city of Campinas, located about 93 kilometers northwest of the city of São Paulo. This provides access to two major international airports in the area, including Guarulhos Airport in São Paulo (the busiest airport of Brazil) and Viracopos Airport in Campinas.


Tuesday, August 22, 9:00 to 12:30.