This paper addresses the issue of catching and convergence at the level of firms, and investigates whether Korean firms tend to converge toward mature firms represented by the US firms in terms of their behavior and performance as well as firm-level innovations systems. It conducts regression...

There is some scepticism about Korea as role model of development as the Korean model involved a considerable degree of state activism, unacceptable in today's global environment. This paper propose a "capability-based view" of the country's catch-up development, arguing that the real lesson...

1. Introduction -- Part I catch-up and leapfrogging at the economy level -- 2. Historical origins and initial conditions for economic catch-up (with H.Y. Lee) -- 3. Korean model of catch-up development: a 'capability-based view' -- 4. Intellectual property rights and technological catch up -- 5....