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"Welcome to the Center for Economic Catch-up"

The CEC was started as a research unit belonging to a bigger institute, called the East Asia Institute founded in May 2002 by the initiative of former Prime Minister of Korea, Lee Hong-Koo. From 2008, it has become an independent legal person itself.

While the East Asia Institute strives to transform East Asia into a society of nations based on liberal democracy, market economy, open society, and peace, the CEC focuses on economic subjects. Specifically, it aims to conduct academic and policy-oriented research on the topics broadly related to the phenomenon of economic catch-up which refers to catch-up by the late-comer firms and economies with the forerunning firms and economies in terms of economic well-being.

It has been doing research on the following issues: capability building of the private sector in developing countries; innovation and technological strategies, industrial and trade policies, corporate governance and firm growth, IPR policies and strategies, university-industry linkages, human capital development and learning.

Keun Lee
Director of the CEC(Professor of Seoul National University)

Dr. Lee, Keun (Professor of Seoul National University, Chairman of the Board, Director of the CEC)
Mr. Kim, Younggon (CEO of the Book 21 Co.)
Mr. Kim, Jun-il (CEO of the Lock&Lock Co.)
Mr. Noh, Heeyul (CEO of the Aurora World Co.)
Dr. Kim, Chang-Wook (Samsung Economic Research Institute)
Dr. Cho, Seong-Jae (Korea Labor Institute)
Dr. Song, Hong-Sun (Korea Capital Market Institute)
Mr. Shin, Yonghwa (Vice President of Korean Marine Transportation Co.)
Dr. Jee, Mansoo (Korea Institute of Finance)
Dr. Ryu, Deock-hyun (Associate Professor of Chung-Ang University)
Dr. Zin, Furong (Korea Institute for International Economic Policy)

Mr. Oh, Young Jung (Attorney of Sekwang Law Office)
Prof. Park, Kyooho (Assistant Professor of Hanshin University)


1) Factors to determine the success and failure of national economy

2) Establishing the new roles of government and market in economic catch-up

3) Process, policy and strategy of developing countries and enterprise for technology innovation

4) Growth strategy and governance of corporates in developing countries in economic catch-up

5) Strength and weakness of corporate conglomerate (chaebols in korea)

6) Financial system and policy in economic catch-up

7) Emergence and role of technology-intensive venture enterprise

8) Influence and implication of revolution of knowledge and information

9) Case study on japan, China, Taiwan, Vietnam and North Korea

10) Historical origin of economic catch-up in postwar period