Apparently decomposition of free PVP occurs at about 600K in oxygen, but if you just want to dry it and want to prevent oxidation completely I would suggest much lower temperatures and using vacuum, inert gas, desicant and/or azeotropic distillation, depending on application etc.
Actually we are using PVP for inorganic nanofibers solutions and old PVP in our store and freshly purchased showing different viscosity of resultant solutions. So we were curious if drying without oxidation can help in this however drying at 120 C did not reduced much weight of PVV, Can you please suggest more, thx