Structure of a patent transaction network

Firms participating in a patent transaction network demonstrate interdependence and mutually influence one another. The characteristics of such a network structure demonstrate a complex overall configuration. This study proposes a dynamic perspective for investigating the structure of a patent transaction network. By using network analysis, this study defines the structural configuration of a patent transaction network by measuring centralization, centrality, and linkage distribution. Data from patent transactions of the flat panel display sector from 1976 to 2012 have been examined evaluate their networking. The results show that the structural configuration of a patent transaction network shows significant stratification patterns in terms of a given firm’s technology exportation and brokerage capabilities, but also operates as a complex system. This analysis provides insights into patent transaction networks, and also addresses policy implications for firms and authorities who are interested in acquiring market competition or governance.