Template-Type: ReDIF-Paper 1.0 Series: Tinbergen Institute Discussion Papers Creation-Date: 2018-02-16 Number: 18-014/III Author-Name: Michael McAleer Author-Workplace-Name: Asia University, Taiwan; University of Sydney Business School, Australia; Erasmus University Rotterdam, The Netherlands Author-Name: Judit Olah Author-Workplace-Name: University of Debrecen, Hungary Author-Name: Jozsef Popp Author-Workplace-Name: University of Debrecen, Hungary Title: Pros and Cons of the Impact Factor in a Rapidly Changing Digital World Abstract: The purpose of the paper is to present arguments for and against the use of the Impact Factor (IF) in a rapidly changing digital world. The paper discusses the calculation of IF, as well as the pros and cons of IF. Editorial policies that affect IF are examined, and the merits of open access online publishing are presented. Scientific quality and the IF dilemma are analysed, and alternative measures of impact and quality are evaluated. The San Francisco declaration on research assessment is also discussed. Classification-JEL: O34, O31, D02 Keywords: Impact Factor, Quality of research, Pros and Cons, Implications, Digital world, Editorial policies, Open access online publishing, SCIE, SSCI File-Url: https://papers.tinbergen.nl/18014.pdf File-Format: application/pdf File-Size: 451246 bytes Handle: RePEc:tin:wpaper:20180014