2014 Schumpeter Award (for his book on Schumpeterian Analysis of Economic Catch-up, Cambridge Univ Press) by the International Schumpeter Society (Germany), 2014 July
Academic Prize by the National Academy of Sciences of Korea. 2015.
The Award for the Research on the Korean economy (Korean Economic Association): 2017, 2.
The Chung Foundation Award: A Prize for best book of year, awarded by Maeil Business Newspaper, July 2009.
Chung-ram Prize, 2004 by the Korean Economic Association, (best economist in Korea of age 45 or less)
2019. The Art of Economic Catch-up: barriers, detours and leapfrogging. Cambridge Univ, Press.
2019. “National innovation systems, economic complexity, and economic growth,” Journal of Evolutionary Economics (with J. Lee), DOI: 10.1007/s00191-019-00612-3.
2018. "Impact of Financialization and Financial Development on Inequality (with H. Shin)," Asian Economic Papers 18 (1), 69-90.
2018. “Employment effect of innovation under different market structure (with J. Lim),” Technological Forecasting & Social Change, https://doi.org/10.1016/j.techfore.2018.04.022. 2018
2013. Schumpeterian Analysis of Economic Catch-up: Knowledge, Path-creation, and Middle Income Trap, Cambridge Univ. Press 2013.