Advanced Scientometric Insights into Derivatives for Corporate Democracy, Open Innovation, and Growth in Developing Markets

This study examines 1527 articles on derivatives. Between 1977 and 2023, research on derivatives garnered 38,066 citations, averaging 25 cites per article, with an h-index of 83 and a g-index of 156 denoting high academic influence and impact. Co-authorship within the research domain reveals a collaborative environment, engaging 3440 contributing authors and 2729 affiliated authors, resulting in 1184 co-authored documents and only 343 single-authored articles. Over 35 active years of research, the average productivity per active year is 44, depicting a dynamic research landscape. Further, enhancing the robustness and reliability of text mining, the advanced structural topic modeling (STM) reveals nine distinct topics encompassing derivative instruments, credit derivatives, weather derivatives, interest rate derivatives, options, market microstructure, risk management, forward and futures, and foreign exchange derivatives. Along with a comprehensive content analysis, we highlight gaps to direct future research.