Professor
이덕주 (Lee, Deok-Joo)
Research Areas
- Data-driven economic analysis
- R&D performance evaluation
- Market design
- Real options analysis
- Applications of game theory and mechanism design
Professional Experience
- Professor, Department of Industrial and Management Engineering, Kyung Hee University, 2000–2016
- Professor, Department of Industrial Engineering, Seoul National University, 2016–Present
- Visiting Researcher, Waseda University, Japan, 1996–1997
- Visiting Scholar, University of California, Berkeley, 2008–2009
- Vice President, Korean Institute of Industrial Engineers, 2021–2022
- Director, Future Energy Policy Research Institute, Korea Institute of Energy Technology Evaluation and Planning, 2019, 2020, 2021
- Outside Director, TY Holdings Co., Ltd., 2021–Present
- Civilian Member, National R&D Project Evaluation Committee, Ministry of Science and ICT, 2021–Present
Education
- B.S. in Industrial Engineering, Seoul National University, 1988
- M.S. in Industrial Engineering, Seoul National University, 1990
- Ph.D. in Industrial Engineering, Seoul National University, 1995
Awards and Honors
- Grand Prize, Industry-Academia Cooperation Corporate Consulting Support Program, Korean Chamber of Commerce and Industry, Dec. 18, 2003
- Excellence Paper Award, “Improving Efficiency in Natural Gas Demand Management,” Korean Society of Mechanical Engineers, Jun. 22, 2006
- Distinguished Visiting Professor, LG Yonam Foundation, Jun. 2007
- Listed in Marquis Who’s Who in Science & Engineering 2008–2009
- Listed in Marquis Who’s Who in the World 2009
- Baekam Paper Award, “Economic Valuation and Optimal Timing of Renewable Energy R&D Using Real Options,” Korean Institute of Industrial Engineers, 2014
- 26th Science and Technology Excellence Paper Award, “Optimal Energy Storage Scheduling in Smart Grids: A Game-Theoretic Approach,” Korean Federation of Science and Technology Societies, Jul. 13, 2016
- Best Paper Award, “Economic Evaluation of Renewable Energy R&D in the Presence of Carbon Emission Markets: A Real Option Approach,” World Congress on Engineering & Computer Science 2016, International Association of Engineers, 2017
- Top 50 Excellent Outcomes, Academic Research Support Program, Ministry of Education, 2024
Invited Lectures and Industry Lectures
- Key Concepts in Technology Management and Technology Strategies of Japanese Firms, Yonsei University Executive Program in Technology Management, Oct. 2004
- Key Concepts in Technology Management and Technology Strategies of Japanese Firms, Food Industry Association, Jul. 2005
- Concepts and Cases of Technology Strategy, Construction Materials Quality Control Association, Dec. 2006
- Technology Management, Samsung Electronics, Jul. 2007
- R&D Processes and Management, Samsung Electronics, Aug. 2007
- Key Concepts in Technology Innovation and Technology Strategies of Japanese Firms, Yonsei University Executive Program in Technology Management, Sep. 2007
- R&D Processes and Management, Samsung Electronics Advanced Technology Institute, Oct. 2008
- Technology Development Planning: Concepts and Cases, Gwangju Technopark, Oct. 2009
- Technology Management and Commercialization, LG Chem, Oct. 2009
- Technology Management and Commercialization, LG Chem, Nov. 2010
- Technology Forecasting and Scenario Analysis, Hyundai Motor Company MOT Program, Jun. 2011
- Understanding Technology Strategy: Types and Characteristics of R&D Organizations, Samsung Electronics e-Learning Technology Management Program, Aug. 2011
- Technology Forecasting and Scenario Analysis, Hyundai-Kia Motors MOT Program, Aug. 2012
- Commercialization of Technology Forecasting and Scenarios, Hyundai-Kia Motors Global MOT Program, Jun. 2014
- Technology Foresight and Planning, Hyundai NGV Tech Insight Program, Aug.–Dec. 2014
- Technology Forecasting and Scenario Analysis, Hyundai-Kia Motors Global MOT Program, Sep. 2015
- Future Technology Forecasting and Development Planning, Hyundai NGV Tech Insight Program, Jul.–Sep. 2015
- Technology Forecasting and Scenario Analysis, Hyundai Motor Company Global R&D Expert Program, Aug. 2016; Jun. 2018; May 2019; Jul. 2020
- “Some Problems on the Efficient Investment of Renewable Energy in Korea,” 4th IAEE Eurasian Conference, Plenary Session 2: Renewables, Green Technology Implementation, Mechanism and Finance, Nur-Sultan, Kazakhstan, 2019
- Industrial Engineering Approach to Eco-Friendly Energy Investment Decision-Making, Chosun University, May 10, 2019
- Case Studies in Engineering Economic Analysis, Korea University, Dec. 3, 2019
- R&D Project Valuation and Selection, Society for e-Business Studies Expert Scale-Up Program, Oct. 2020
- A New Approach to Spectrum Valuation: Real Options, SK Telecom Technology & Policy Forum, Jul. 2021
- Technology Trend and Analysis Methods, Hyundai Motor Company Global R&D Expert Program, Aug. 2021
- Analysis Methods for Uncertainty in Korean R&D Projects, SK Hynix, Nov. 2021
- Technology Trend and Analysis Methods, Hyundai Motor Company Global R&D Expert Program, May 2022
- Auction Theory and Market Design, SK Telecom Technology & Policy Forum, Oct. 2022
- Methodology for Evaluating Data-Driven R&D Projects, Korea Energy Technology Evaluation and Planning, Nov. 2022
- Research and Development Investment Project Feasibility Analysis Methodology, Chosun University, Feb. 22–23, 2023
- Game Theory and Market Design, Thammasat University, Bangkok, Thailand, Mar. 6–9, 2023
- Future Technology Forecasting Methodology, Hyundai Motor Company Global R&D Expert Program, Jun. 2023
- AHP and Preliminary Feasibility Analysis Framework, Seoul Research Institute, Aug. 31, 2023
- Trends in Promising Future Technologies, Hyundai Motor Company China Corporate Research Center, Shanghai, China, Dec. 14–15, 2023
- “How Can We Value the Next Generation Spectrum Considering Regulations?: A Real Option-Based Assessment of 28 GHz 5G Spectrum in Korea,” SK Telecom Technology & Policy Forum, Apr. 29, 2024
- Future Technology Forecasting Methodology, Hyundai Motor Company Global R&D Expert Program, Sep. 24, 2024
- Economic Feasibility Analysis Methodology for R&D Investment, Hanwha Ocean, Nov. 8, 2024
- Engineering Economics: Economic Issues in Engineering, Saturday Science Lecture Series, Seoul National University Institute for Basic Science / Korea Research Foundation, Aug. 30, 2025
- Economic Feasibility Analysis of Technology Development Investment Projects, Seoul National University AIIS Course, Sep. 2, 2025
- Economic Valuation of Spectrum, 6G Forum Spectrum Committee, Sep. 4, 2025
