Collaboration patterns in investment research: A two-decade analysis of Latin America's research landscape

Objective. In this study, we utilized bibliometric techniques to identify patterns of scientific collaboration in Latin American investment research. By examining collaboration networks, we investigated the networks of authors, institutions, and countries involved in the research process. Methodology. This study employed the Scopus database to examine the literature published over the past two decades (2005-2023). The collaboration networks were represented as a network of co-authorship and collaboration among research scholars. The walk-trap clustering algorithm was employed to visualize the collaboration networks, with a restriction to display labels for a maximum of 50. Results. The international collaboration rate of authors was found to be 33.01%, indicating a relatively lower level of global collaboration. Despite a substantial research output over the last two decades, there needs to be more global interconnectedness. The University of São Paulo in Brazil and the University of California are the most collaborative among institutions. At the country level, Brazil is identified as the most collaborative nation among Latin American countries, engaging extensively in cooperative activities with both Latin American and other countries around the globe. This is indicative of a significant research emphasis in Brazil on the topic of investment. In addition, countries such as Trinidad and Tobago serve as a connecting link between Latin America and other regions, thereby underscoring their strategic role in fostering global research networks. Conclusion. Fostering collaboration networks at the author, institutional, and country levels can enhance knowledge's global flow and interexchange.