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This editorial development overview provides strategies for improving impact factor, publishing more rapidly, and expanding journal opportunities beyond borders. It includes tips on increasing impact factor, speeding up publication, future-proofing journals, and expanding in China, India, and Brazil.
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Editorial development strategies 5 Dec 2012
Overview • Improving Impact Factor • Publishing more rapidly • Beyond our borders Kaufman Wills Fusting & Co
Ways to increase impact factor • Publish (more!) review articles • Release high-impact articles early in year • Optimize rejection rate • Lower denominator • International contributions and board • (Hot) Topical issues • Generate industry standards or guidelines • Increase discoverability / indexing • Ensure right types of content is counted in cited items • Self-cite (reasonably) Kaufman Wills Fusting & Co
Speeding up Publication • Complete manuscript submissions • Editorial Board rotation • Reviewer incentives | report cards • Reject without (external) review • XML up front • On schedule • Negotiations with publisher | printer | online vendor Kaufman Wills Fusting & Co
Best practices • 24-48 hours to reviewer or rejected out of hand • 2-3 weeks to first decision • 3-6 weeks from acceptance to e-publication • 6-8 weeks from acceptance to print publication Kaufman Wills Fusting & Co
Future-proof your journal Regular research Benefits Inform new or existing product development Secure reader loyalty Data-rich, evidence-based decision making • Email/online surveys • Focus groups (at meetings) • International • Younger market • Expert (phone) interviews Kaufman Wills Fusting & Co
Why and how can China, India, and Brazil best shape your journal’s future and expand your opportunities? Kaufman Wills Fusting & Co
Science and engineering articles National Science Foundation, National Center for Science and Engineering Statistics, and The Patent BoardTM, special tabulations (2011) from Thomson Reuters, SCI and SSCI, http://thomsonreuters.com/products_services/science Kaufman Wills Fusting & Co
Science and engineering articles Science and Engineering Indicators: 2012 Digest l Arlington, VA (NSB 12-02) l January 2012, www.nsf.gov/statistics/digest12/outputs.cfm#1 Kaufman Wills Fusting & Co
Research expenditures Annual rate of growth Kaufman-Wills Group, LLC
STM Publishing Market by Revenue 2011 Revenue (P) 2011 Year on Year Growth (P) Source: Outsell’s Information Industry Database
CHINA: Market Size • Chinese Ministry of Education: 8,791 Higher Education Institutes in 2009 • Ringgold Database: as of October 2011, 4,840 unique records for content on mainland China, 2,205 of which are parent-level. • National Science Foundation of China: 2,464 academic education and research institutions in China are registered and qualified to apply for central government research funding. • Project 211, 113 leading universities with around 70% of key government funding
CHINA: Twelfth 5-year plan: culturemedia & publishing pillar industry • Seven emerging industries • Alternative energy – nuclear, wind, solar • Biotechnology – drugs and medical devices • Medical devices – Form 40-50 device companies, 10 new national technology R&D centers and labs, 50-80 new products • Pharmaceuticals – By 2015, more than 30 original medicines. • Establish 30-50 translational medical research centers • New-generation IT – broadband, internet security, networks • High-end equipment manufacturing – aerospace and telecom • Advanced materials – rare earths and high-end semiconductors • Clean energy vehicles • Energy conservation and environmental protection
India: Higher education • Government to increase spending 30% • 1,000 institutions • 5 dozen new planned • 17 million students • 16% studying science • 8% of population has masters or doctorate • Higher than Japan, France, Germany, Brazil Kaufman-Wills Group, LLC
India: Subscriber universe • Historically little access to international journals • Institutions collectively held print-only subscriptions to only 2,500 scholarly journals in total • Typical university subscribed to < 200 journals • Many smaller institutions subscribed to < 100 journals • Today, academic journals market is $175M • $70M (40%) for electronic journals • $105M (60%) for print+online/print-only subscriptions • Factors improving access to international journals • New institutions • Growth of consortia • $35M spend • OA journals • Factors in consortia formation • To enlarge knowledge resource base, comparable to other leading institutions around the globe • To hold down escalating cost of journals • To enable system-wide integrated resource sharing Kaufman-Wills Group, LLC
Thank you Cara Kaufman Partner Kaufman Wills Fusting & Co 443 869 2432 cara.kaufman@kwfco.com Kaufman Wills Fusting & Co