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Paik, Yongwook Associate Professor 사진
Paik, Yongwook Associate Professor
Contact Information
  • Office.S492
  • Tel.02-958-3588
  • E-mail.ywpaik@kaist.ac.kr
Research Areas Entrepreneurship, Innovation, Digital & AI Economy, Venture Capital, Strategic Management
Overview
Professor Paik is a tenured professor at the KAIST College of Business, located in Seoul, Korea. His 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, entrepreneurship, 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.

"한국의 스타트업 생태계 과거, 현재, 미래", 도서출판 청람, 백용욱 외 8인 공저 (2025).
(2025 대한민국학술원 우수학술도서 선정)
https://product.kyobobook.co.kr/detail/S000215562546

Free Book Release: <The Korean Startup Ecosystem: Past, Present, and Future> (English Edition, 2026):
Download using this link: https://drive.google.com/file/d/1euOVTero0Zgs5i2qF26iQWIH-Rh2_4x9/view?usp=sharing OR
The_Korean_Startup_Ecosystem_ENG_Edition_Complimentary(1).pdf
Biography

Education

    ㆍPh.D. University of California at Berkeley, Economics, Berkeley, CA
    ㆍM.S. University of California at Berkeley, Economics, Berkeley, CA
    ㆍB.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, Open Enrollment Executive Education Program, KAIST Digital Finance Mastership Program: Blockchain & Digital Asset Track
    Director, KAIST Customized Executive Education Programs
    Strategic Entrepreneurship Journal, Editorial Review Board
    NYU Stern School of Business, New York, NY, Visiting Scholar
    Columbia Business School, New York, NY, Visiting Scholar
    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, Impact Research Award
    KAIST College of Business, Award for Excellence in Education
    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)
    매일경제 최우수 논문상(제27회 한국경영학회 융합학술대회)

    III. Professional Affiliations:
    Academy of Management, American Economic Association, Strategic Management Society, Industry Studies Association (Founding Member)

    IV. 기타 국내 활동
    금융위원회, 금융발전심의회 자본시장분과 위원(2026-현재)
    에스이노에이션스(S Innovations), 전략 자문(Advisor)(2026-현재)
    한양이엔지(HANYANG ENG Co.,Ltd; KOSDAQ: 045100), 사외이사(Independent Board Member) (2025-현재)
    한국전략경영학회, 부회장 겸 『전략경영연구』 학회지 편집위원장(2025-현재)
    중소벤처기업부, 스케일업 팁스(TIPS), 운영 및 평가위원(2025-현재)
    중소벤처기업부, 한국벤처투자(KVIC), 한국모태펀드 출자전략위원회 민간위원(2025-현재)
    한국성장금융, 성장사다리펀드2, 운영위원(2024-현재)
    한국혁신연구센터 (KIRC: The Korean Innovation Research Center), 공동창립자(Founding Member)(2024-현재)
    티비더블유인베스트먼트, 벤처투자회사 공동창업 및 매각(2022-2024)

Industry Advisory Activities

    LG Display, KT, Samsung, SK, Hyundai MOBIS, S&S Tech, CJ Group, Korea Growth Investment Corp.(한국성장금융; K-Growth), and various startup ventures. Co-Founder and Principal Advisor of TBW Investment Inc.
Publications & Research

Publications (patents, etc.)

    (Selected Publications)

    Daehyun Kim, Yongwook Paik, and Namil Kim. 2025. "How digital platforms affect local entrepreneurial activities: Evidence from the staggered entry of Craigslist." Strategic Entrepreneurship Journal.

    Paik, Yongwook and Mina Lee. 2024. "Corporate Venture Capital and Innovation" In: The Palgrave Encyclopedia of Private Equity. Douglas Cumming & Benjamin Hammer (Eds.), Palgrave MacMillan.

    Paik, Yongwook and Christos A. Makridis. 2023. "The social value of a ridesharing platform: a hedonic pricing approach." Empirical Economics, 64, 2125-2150.

    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.

    (Articles in Korean)

    김성수 , 백용욱 (2025). AI 시대의 전략경영 이론: 체계적 문헌 고찰과 연구 의제. 전략경영연구, 28(3), 57 - 85.
    doi: :10.17786/jsm.2025.28.3.003

    강효석 , 백용욱 (2025). AI와 인간의 상호작용: 전략경영 관점에서 본 연구 동향과 전망. 전략경영연구, 28(3), 87 - 108.
    doi: :10.17786/jsm.2025.28.3.004

    (Books in Korean)

    "한국의 스타트업 생태계 과거, 현재, 미래", 도서출판 청람, 백용욱 외 8인 공저 (2025). ISBN: 9791193715925;
    (2025 대한민국학술원 우수학술도서 선정)

    "AI, 세상을 만나다", 도서출판 지식공감, KAIST 인공지능연구원 저, 참여저자 (2022). ISBN: 9791156227748

Research Areas

    Entrepreneurship, Innovation, Digital & AI Economy, Venture Capital, Strategic Management
Teaching

벤처기업과 벤처캐피탈: Venture Capital(BIZ610)

    MBA level

스마트 융합특강 <스타트업과 벤처캐피탈 투자>(CoE.49901)

    학사/석사/박사, 대전캠퍼스 강의 (EE.49904/CoE.49901)

기업가정신과 혁신형 창업: Entrepreneurship and Innovative Startups(BIZ510)

    MBA level

전략경영: Strategic Management(BIZ509)

    Executive MBA

경영전략이론: Theoretical Foundation of Strategic Mgmt(BME576)

    Ph.D. level
Press

Publicity (Article/Column contribution & Media appearance)

Contact : Hyunjung, Choi ( hjchoi7@kaist.ac.kr )

Faculty & Research

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