By Dr. Vlad Krotov
What is Altmetrics?
Altmetrics, short for “alternative metrics,” are non-traditional measures that assess the reach and influence of academic research by assessing online attention and engagement that the research produces. Unlike traditional scholarly metrics like number of citations, h-index, and journal impact factor, altmetrics capture the broader, real-time impact of research on various platforms, such as social media (e.g., Twitter, Facebook, LinkedIn), news outlets, blogs, policy documents, online repositories (e.g., GitHub, Figshare), and various academic platforms (e.g. Mendeley, ResearchGate).
Altmetrics provide a broader and more diverse perspective on the impact of research, particularly its societal, professional, and educational relevance. Moreover, altmetrics can help a business school align its research strategy with its mission and AACSB Standard 8, which deals with the impact produced by a business school’s portfolio of intellectual contributions.
How Altmetrics Measure Research Impact
In order to measure research engagement and impact online, altmetrics may use the following metrics:
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- Mentions in Social Media: Measuring how often a study is shared or discussed on platforms like Twitter or Reddit.
- Policy Citations: Tracking references in government and organizational policy documents.
- Media Coverage: Counting mentions in mainstream and specialized news outlets.
- Public Usage: Analyzing usage and engagement in non-academic contexts, such as clinical practice guidelines, teaching resources, or public discussions.
- Online Accessibility: Assessing the frequency with which research outputs are viewed, downloaded, or interacted with on various academic and non-academic platforms.
Altmetrics tools like Altmetric.com and PlumX aggregate and visualize these data to help researchers and institutions understand their research’s digital footprint and societal reach.
Relation to AACSB Standard 8 – Impact of Scholarship
AACSB Standard 8 emphasizes that the impact of scholarship is a key criterion for assessing academic excellence of business schools. The standard requires schools to demonstrate that their faculty’s research and intellectual contributions are relevant, impactful, and aligned with the school’s mission. Altmetrics align with AACSB Standard 8 in several ways:
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- Broadening Impact Assessment: Altmetrics capture the societal and practical impact of research, showcasing its value beyond traditional academic measures like citations. This broader scope supports AACSB’s emphasis on demonstrating tangible benefits to businesses, communities, and broader society.
- Real-Time Feedback: Unlike traditional metrics that take years to materialize, altmetrics can provide real-time data on how research is received, discussed, and applied. This helps schools quickly assess the relevance and effectiveness of their scholarly output.
- Demonstrating Relevance: Altmetrics data can highlight how faculty research aligns with industry needs, public policy, or community issues, reinforcing AACSB’s focus on relevance to practice and societal engagement.
- Strategic Insights for Schools: Schools can use altmetrics to align research strategies with their mission, identifying areas where faculty scholarship has (or should have) significant societal or economic impact.
- Showcasing Stakeholder Engagement: By reflecting public, media, and policy engagement, altmetrics demonstrate how research contributes to broader conversations and decision-making processes, a key aspect of scholarship impact under AACSB standards.
Conclusion
Altmetrics provide a valuable tool for demonstrating and measuring the broader impact of scholarship in ways that align with AACSB Standard 8. By showcasing the societal, policy, and professional influence of research, altmetrics help institutions fulfill the AACSB’s requirement that accredited business schools should produce scholarship that matters to a wide range of stakeholders that a business school serves.