Impact Factor still dominates
Whatever initiatives to compete the famous Impact Factor owned by Thomson, IF still dominates small world of the Research evaluation, says an article in IWR.
“Journal impact factors (IFs) have become a status symbol in the world of research. With libraries facing severe budget cuts in the recession, IF scores can help decide which journals remain essential to a collection. (…)
More important than the IF number itself is the ranking position it gives a journal, enabling the identification of high-impact or must-have journals. In a survey, 49% of respondents believed the IF was an “important” factor when judging a journal and 26.7% said it was a “very important” factor.
Venkatraman, Archana. Impact factors dominate citation metrics. Information World Review. Online (10th of September 2009): http://www.iwr.co.uk/information-world-review/analysis/2249258/journals-cherish-status-symbol