The impact factor, often abbreviated IF, is a measure of the citations to science and social science journals. It is frequently used as a proxy for the importance of a journal to its field. The Impact factor was devised by Eugene Garfield, the founder of the Institute for Scientific Information, now part of Thomson, a large worldwide US-based publisher. Impact factors are calculated each year by Thomson Scientific for those journals which it indexes, and the factors and indices are published in Journal Citation Reports. The publication of each year covered occurs in the summer of the following year. For example impact factors for 2008 will be published in the summer of 2009. Some related values, also calculated and published by the same organization, are:
* The immediacy index: the number of citations the articles in a journal receive in a given year divided by the number of articles published.
* The cited half-life: the median age of the articles that were cited in Journal Citation Reports each year. For example, if a journal's half-life in 2005 is 5, that means the citations from 2001-2005 are half of all the citations from that journal in 2005, and the other half of the citations precede 2001.
* The aggregate impact factor for a subject category: it is calculated taking into account the number of citations to all journals in the subject category and the number of articles from all the journals in the subject category.
* The immediacy index: the number of citations the articles in a journal receive in a given year divided by the number of articles published.
* The cited half-life: the median age of the articles that were cited in Journal Citation Reports each year. For example, if a journal's half-life in 2005 is 5, that means the citations from 2001-2005 are half of all the citations from that journal in 2005, and the other half of the citations precede 2001.
* The aggregate impact factor for a subject category: it is calculated taking into account the number of citations to all journals in the subject category and the number of articles from all the journals in the subject category.
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