Best-in-class and Strategic Benchmarking of Scientific Subject Categories of Web of Science in 2010

Abstract: Here we show a novel technique for comparing subject categories, where the prestige of academic journals in each category is represented statistically by an impact-factor histogram. For each subject category we compute the probability of occurrence of scholarly journals with impact factor in different intervals. Here impact factor is measured with Thomson Reuters Impact Factor, Eigenfactor Score, and Immediacy Index. Assuming the probabilities associated with a pair of subject categories our objective is to measure the degree of dissimilarity between them. To do so, we use an axiomatic characterization for predicting dissimilarity between subject categories. The scientific subject categories of Web of Science in 2010 were used to test the proposed approach for benchmarking Cell Biology and Computer Science Information Systems with the rest as two case studies. The former is best-in-class benchmarking that involves studying the leading competitor category; the latter is strategic benchmarking that involves observing how other scientific subject categories compete.