Determinants of highly-cited green patents: The perspective of network characteristics.

Abstract

With the rise of green technology, green patent value evaluation has become critical for enterprises. In order to explore the influencing factors of green patent value, this study takes the light-emitting diode (LED) industry as an example and then utilizes highly-cited green patents as the proxy of green patent value. The study aims to explore the influencing factors of green patent value with network position and structure from the perspective of network characteristics. The results indicate that out-degree centrality and network constraint have a significantly positive effect on green patent value.