Bulat Sanditov

Academic Patenting in Europe: New Evidence from the KEINS Database

The paper provides summary statistics from the KEINS database on academic patenting in France, Italy, and Sweden. It shows that academic scientists in those countries have signed many more patents than previously estimated. This re-evaluation of academic patenting comes by considering all patents signed by academic scientists active in 2004, both those assigned to universities and the many more held by business companies, governmental organizations, and public laboratories. Specific institutional features of the university and research systems in the three countries contribute to explaining these ownership patterns, which are remarkably different from those observed in the USA. In the light of these new data, European universities contribution to domestic patenting appears not to be much less intense than that of their US counterparts. Copyright , Beech Tree Publishing.

Bank lending networks, experience, reputation, and borrowing costs : empirical evidence from the french syndicated lending market

We investigate the network structure of bank lending markets and evaluate the impact of lenders network centrality, considered a measure of their experience and reputation, on borrowing costs. We show that the French market for syndicated bank loans is a ‘small world characterized by large local density and short social distances between lenders. Such a network structure allows for better information and resources flows between banks thus enhancing their social captial. We then show that lenders experience and reputation play a significant role in reducing loan spreads and thus increasing borrowers wealth. (This abstract was borrowed from another version of this item.)

Academic Patenting in Europe: Evidence on France, Italy and Sweden from the KEINS Database

This book addresses the critical issue of how and why European universities are changing and learning to compete. Anglo-Saxon universities particularly in the US, the UK and Australia have long been subject to, and responded to, market-based competition in higher education. The authors argue that Continental and Nordic universities and higher education institutes are now facing similar pressures that are leading to a structural transformation of the university sector.

Bank lending networks, experience, reputation, and borrowing costs

We investigate the network structure of syndicated lending markets and evaluate the impact of lenders’ network centrality, considered as measures of their experience and reputation, on borrowing costs. We show that the market for syndicated loans is a “small world” characterized by large local density and short social distances between lenders. Such a network structure allows for better information and resources flows between banks thus enhancing their social capital. We then show that lenders’ experience and reputation play a significant role in reducing loan spreads and thus increasing borrower’s wealth.