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The ISI® Journal Citation Reports (JCR®) impact factor has moved in recent years from an obscure bibliometric indicator to become the chief quantitative measure of the quality of a journal, its research papers, the researchers who wrote those papers, and even the institution they work in. This pamphlet looks at the limitations of the impact factor, how it can and how it should not be used.
What is an Impact Factor?
The impact factor is only one of three standardized measures created by the Institute of Scientific Information (ISI) which can be used to measure the way a journal receives citations to its articles over time. The build-up of citations tends to follow a curve like that of Figure 1. Citations to articles published in a given year rise sharply to a peak between two and six years after publication. From this peak citations decline exponentially. The citation curve of any journal can be described by the relative size of the curve (in terms of area under the line), the extent to which the peak of the curve is close to the origin, and the rate of decline of the curve. These characteristics form the basis of the ISI indicators impact factor, immediacy index and cited half-life.
The impact factor is a measure of the relative size of the citation curve in years 2 and 3. It is calculated by dividing the number of current citations a journal receives to articles published in the two previous years by the number of articles published in those same years. So, for example, the 1999 impact factor is the citations in 1999 to articles published in 1997 and 1998 divided by the number articles published in 1997 and 1998. The number that results can be thought of as the average number of citations the average article receives per annum in the two years after the publication year.
The immediacy index gives a measure of the skewness of the curve, that is, the extent to which the peak of the curve lies near to the origin of the graph. It is calculated by dividing the citations a journal receives in the current year by the number of articles it publishes in that year, i.e., the 1999 immediacy index...