"Drawing on extensive empirical studies of firms and industries around the world, this book presents a rich menu of development pathways, including a new role by a Schumpeterian state to initiate detours and leapfrogging in not only manufacturing but also resource or IT- service sectors"--

Keun Lee is distinguished professor at Seoul National University, fellow of CIFAR, an editor for Research Policy, a regular writer for Project Syndicates, the winner of the 2014 Schumpeter Prize, and the 2019 KAPP Prize. He served as an economic advisor for the President of Korea, as the President of the International Schumpeter Society, was a member of the UN CDP, and of the World Economic Forum (GFC).

1. Introduction; 2. National innovation systems and alternative pathways for latecomers; 3. From global-local interface to local value added, knowledge, and ownership; 4. Coevolution of firms with sectoral, regional and nation systems; 5. Korea's innovation: development detour; 6. Roles of government along the detours; 7. Summary and conclusions.