Keun Lee is a Professor of Economics at the Seoul National University. 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 (Cambridge, 2013). 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.