Yongwook Paik

Professor Paik's research focuses on entrepreneurship, innovation, and strategy and how they are interrelated with institutions and public policies. He serves as a member of the editorial review board or as a referee for numerous top-tier academic journals in strategy, management, and economics. His research has been published in premier academic journals such as the Strategic Management Journal, Organization Science, Strategic Entrepreneurship Journal, and the Journal of Economics & Management Strategy, among others. Professor Paik joined KAIST in 2018. Prior to joining KAIST, he was an assistant professor at the Marshall School of Business, University of Southern California (USC) and the Olin Business School at Washington University in St. Louis (WashU). He earned his Ph.D. in Economics from the University of California at Berkeley. Prior to earning his Ph.D., he worked as a patent attorney in one of the largest law firms in South Korea, Kim & Chang, serving multinational corporations as well as small and medium-sized entrepreneurial companies.

Education

• Ph.D. University of California at Berkeley, Economics, Berkeley, CA
• M.S. University of California at Berkeley, Economics, Berkeley, CA
• B.S. Seoul National University, Electrical Engineering, Seoul, Korea

Career

I. Professional Appointments

• KAIST College of Business, Seoul, Korea, Associate Professor (with tenure)
• Director, Open Enrollment Executive Education Program, KAIST Digital Finance Mastership Program: Digital Transformation Track
• Director, Customized Executive Education Programs
• Strategic Entrepreneurship Journal, Editorial Review Board
• Washington University in St. Louis (WashU), Olin Business School, St. Louis, MO, Visiting Assistant Professor
• University of Southern California (USC), Marshall School of Business, Los Angeles, CA, Assistant Professor
• University of California at Berkeley, Berkeley, CA, Research Associate, Research Assistant, Graduate Student Instructor
• Kim & Chang Law Firm, Seoul, Korea, Patent Attorney

II. Honors & Awards:

• KAIST 50th Anniversary, University Teaching Excellence Award
• KAIST College of Business, Award for Excellence in Education
• KAIST College of Business, Impact Research Award
• Steven B. Sample Teaching and Mentoring Award, Finalist, University of Southern California
• Greif Center for Entrepreneurship Research Award, University of Southern California
• Distinguished Reviewer Award, Academy of Management
• Kauffman Dissertation Fellowship Award, Ewing M. Kauffman Foundation
• Marquis Who's Who (included since 2017)

III. Professional Affiliations:

• Academy of Management, American Economic Association, Strategic Management Society, Industry Studies Association (Founding Member)

Publications & Research

Publications

(Selected Publications)

• Paik, Yongwook and Christos A. Makridis. 2022. "The social value of a ridesharing platform: a hedonic pricing approach." Empirical Economics.
• Paik, Yongwook, Sukhun Kang, and Robert Seamans. 2019. "Entrepreneurship, Innovation, and Political Competition: How the Public Sector Helps the Sharing Economy Create Value." Strategic Management Journal. 40(4): 503-532.
• Paik, Yongwook and Heejin Woo. 2017. "The Effects of Corporate Venture Capital, Founder Incumbency, and Their Interaction on Entrepreneurial Firm’s R&D Investment Strategy." Organization Science, Issue 4, 670-689.
• Paik, Yongwook and Feng Zhu. 2016. "The Impact of Patent Wars on Firm Strategy: Evidence from the Global Smartphone Industry." Organization Science, 27(6): 1397-1416.
• Paik, Yongwook. 2014. "Serial Entrepreneurs and Venture Performance: Evidence from U.S. Venture-Capital-Financed Semiconductor Firms." Strategic Entrepreneurship Journal 8(3): 254-268.
• Paik, Yongwook and Heejin Woo. 2014. "Economic Downturn and Financing Innovative Startup Firms." Managerial and Decision Economics 35(2):114-128
• Paik, Yongwook. 2013. "The Bankruptcy Reform Act of 2005 and Entrepreneurial Activity." Journal of Economics & Management Strategy 22 (2):259-280.

Research Areas

Entrepreneurship and Innovation, Business and Public Policy, Venture Capital, Strategic Management