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The selection of high-quality manuscripts

Author

Listed:
  • J. A. García

    (Universidad de Granada)

  • Rosa Rodriguez-Sánchez

    (Universidad de Granada)

  • J. Fdez-Valdivia

    (Universidad de Granada)

Abstract

In addition to the factor of impact and other bibliometric indices, generation of a net profit year on year plays a central role in measuring overall journal publishing performance. However, some business models do not allow the academic journals continue to thrive since they are not financially sustainable. It raises a number of questions which have to be answered: how does the journal’s wealth grow given a particular allocation strategy of journal resources? What is the optimal allocating strategy of journal resources that maximizes the growth rate of journal’s wealth? What is the value of the side information for the selection of high-quality manuscripts? And, what is the effective growth rate of journal’s wealth if there exists dependence among successive selections of high quality manuscripts? This paper proves that information theoretic quantities like entropy and mutual information arise as the answers to these fundamental questions in the selection of high-quality manuscripts and allocation of journal’s wealth. Based on the uncovered relationships between the growth rate of journal’s wealth and the selection of high-quality manuscripts, we propose a number of basic guidelines for improving the journal publishing performance (e.g., match probabilities of high quality when placing the allocations of journal resources among the submitted manuscripts and focus on management practices that promote selection processes with less uncertainty of the outcome).

Suggested Citation

  • J. A. García & Rosa Rodriguez-Sánchez & J. Fdez-Valdivia, 2014. "The selection of high-quality manuscripts," Scientometrics, Springer;Akadémiai Kiadó, vol. 98(1), pages 299-313, January.
    • Handle: RePEc:spr:scient:v:98:y:2014:i:1:d:10.1007_s11192-013-1034-4
    DOI: 10.1007/s11192-013-1034-4
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    References listed on IDEAS

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    1. Kalaitzidakis, P. & Mamuneas, T.P. & Stengos, T., 2003. "Rankings of Academic Journals and Institutions," Working Papers 2003-8, University of Guelph, Department of Economics and Finance.
    2. González-Pereira, Borja & Guerrero-Bote, Vicente P. & Moya-Anegón, Félix, 2010. "A new approach to the metric of journals’ scientific prestige: The SJR indicator," Journal of Informetrics, Elsevier, vol. 4(3), pages 379-391.
    3. J. A. García & Rosa Rodriguez-Sánchez & J. Fdez-Valdivia, 2011. "Overall prestige of journals with ranking score above a given threshold," Scientometrics, Springer;Akadémiai Kiadó, vol. 89(1), pages 229-243, October.
    4. J. A. García & Rosa Rodriguez-Sánchez & J. Fdez-Valdivia & J. Martinez-Baena, 2012. "On first quartile journals which are not of highest impact," Scientometrics, Springer;Akadémiai Kiadó, vol. 90(3), pages 925-943, March.
    5. Pantelis Kalaitzidakis & Theofanis P. Mamuneas & Thanasis Stengos, 2003. "Rankings of Academic Journals and Institutions in Economics," Journal of the European Economic Association, MIT Press, vol. 1(6), pages 1346-1366, December.
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