ESI: only 15 universities produced at least 1400 papers in the field of Economics and Business over the last 10 years; Erasmus University Rotterdam included

Essential Science Indicators has been updated as of September 1, 2012 to cover a 10-year plus 6-month period, January 1, 2002-June 30, 2012.

The field of economics & Business covers 289 journals in the essential science Indicators of Web of Science.

Only 15 universities produced at least 1400 papers in the field of Economics and Business over the last 10 years; Erasmus University Rotterdam included.

Erasmus University Rotterdam ranks 2nd outside the US next to LSE. This is a major performance for Erasmus University Rotterdam. The citations per paper of the two non-US schools still clearly lacks behind the US schools.

This is why citation impact is the next big excellence frontier for Erasmus University Rotterdam. Far the most research in economics and business is done in the Erasmus School of Economics (ese) and the Rotterdam School of Management (rsm) and their research institutes ERIM and TI.

Institution Papers Citations Citations Per Paper
1 NATL BUR ECON RES 3.672 66.785 18,19
2 HARVARD UNIV 2.882 52.511 18,22
3 UNIV PENN 1.957 34.958 17,86
4 NEW YORK UNIV 1.772 25.964 14,65
5 STANFORD UNIV 1.742 25.381 14,57
6 UNIV CALIF BERKELEY 1.706 24.367 14,28
7 COLUMBIA UNIV 1.672 22.342 13,36
8 UNIV MICHIGAN 1.595 20.741 13,00
9 MIT 1.583 32.251 20,37
10 UNIV CHICAGO 1.552 28.600 18,43
11 LONDON SCH ECON & POLIT SCI 1.542 13.808 8,95
12 CORNELL UNIV 1.530 17.388 11,36
13 UNIV ILLINOIS 1.492 16.353 10,96
14 UNIV WISCONSIN 1.486 16.459 11,08
15 ERASMUS UNIV ROTTERDAM 1.430 12.179 8,52

ESI: only 4 countries received at least 50.000 citations in the period 2002-2012 in the field of Economics & Business, Netherlands included.

Essential Science Indicators has been updated as of September 1, 2012 to cover a 10-year plus 6-month period, January 1, 2002-June 30, 2012.

The field of economics & Business covers 289 journals in the essential science Indicators of Web of Science.

Only 4 countries received on avarage at least 50.000 citations  in the period covered by the ESI. But the size of the production difefers very much. USA still by far the largets producers of papers in economics and business.

Country Papers Citations Citations Per Paper
1 USA 76.363 735.703 9,63
2 UK 21.348 158.187 7,41
3 CANADA 10.231 72.803 7,12
4 NETHERLANDS 7.338 53.213 7,25
5 GERMANY 11.140 52.663 4,73

Science-metrix develops new journals classification system (and interactive webtool) using both the Web of Science (Thomson Reuters) and Scopus (Elsevier).

sciencemetrix explorerA new set of tools recently released (first public release: 2010-12-01 (v1.00)) by Science-Metrix Inc. seeks to improve the way we talk about and understand science. The US/Canada-based research evaluation firm has developed a new, multi-lingual (18 languages!) classification of scientific journals, which is accompanied by an interactive web tool.  The journal classification, which covers 15,000 peer-reviewed scientific journals, is translated by more than 22 international experts who volunteered their time and expertise, making the tools available to a worldwidScience-metrix logoe audience.  The complete journals list is available for download as excel sheet.

The interactive ‘Scientific Journals Ontology Explorer’ allows users to visualise the links between 175 scientific specialties (subject categories) in 18 languages, from Arabic to Swedish.

The visualization contains 3 different views: a circular “Subfield Citation Wheel” (representing both citations as well as references), a “Field Citation Wheel” (showing the links between distinct scientific disciplines) and a network “Map of Science” (revealing similarities between disciplines by relative distance). The goal of this visualization is to show people how science spans a broad universe and how interlinked scientific research actually is.

How is the field of Business & Management covered in the journals list?

The field of  Economics & Business (as part of the domain Economic & Social Sciences) contains 822 journals (this is 5,4% of he total Science metrix list)  in 12 subfields, where Business & Management is included with 222 journals (27%):

Every journal is classified into only one category.

Subfields of ‘Economics & Business’ N %
Accounting 32 3,9%
Agricultural Economics & Policy 27 3,3%
Business & Management 222 27,0%
Development Studies 42 5,1%
Econometrics 13 1,6%
Economic Theory 13 1,6%
Economics 244 29,7%
Finance 63 7,7%
Industrial Relations 21 2,6%
Logistics & Transportation 49 6,0%
Marketing 61 7,4%
Sport, Leisure & Tourism 35 4,3%
Total Journals 822 100%

I will compare these with our ERIM Journals list, the ISI quartiles and the SJR (scopus) quartiles scores to see how the list is structured in terms of quality layers.

(I wil add these details later this week.)

In the ontology browser, you can create a map of science and learn how the field of business and management is connected to other subject categories. I have selected the closest fields in the screenshot below.

business and management in science metrix

About Science-Metrix:

Science-Metrix is the world’s largest independent firm dedicated to scientometrics, technometrics, and science and technology (S&T) evaluation. The firm’s core business involves supporting evidence-based decision-making with strong empirical data and sound theoretical approaches. This contract research organization combines qualitative and quantitative techniques to deliver high quality program evaluations, performance and outcome assessments, and evaluation frameworks. Every Science-Metrix report is produced by a team of dedicated high-calibre experts and relies on the world-class data found in the Scopus, Web of Science and Questel databases.

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