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The significance of impact in real estate research publications

Graeme Newell (Economic, Finance and Property, School of Business, Western Sydney University, Parramatta, Australia)
Muhammad Jufri Marzuki (School of Business, University of Western Sydney, Penrith, Australia)
Elaine Worzala (George Washington University, Washington, District of Columbia, USA)
Alastair Adair (Ulster University, Coleraine, UK)
Martin Hoesli (GSEM, University of Geneva, Geneva, Switzerland) (University of Aberdeen, Aberdeen, UK)
Mauricio Rodriguez (Department of Finance Fort Worth, Texas Christian University, Fort Worth, Texas, USA)

Journal of Property Investment & Finance

ISSN: 1463-578X

Article publication date: 30 March 2021

Issue publication date: 18 January 2022

497

Abstract

Purpose

Research impact has taken on increased importance at both a micro- and macro-level and is a key factor today in shaping the careers of real estate researchers. This has seen a range of research impact metrics become global benchmarks when assessing research impact at the individual academic level and journal level. Whilst recognising the limitations of research impact metrics, this paper uses these research impact metrics to identify the leading research impact researchers in real estate, as well as the leading real estate journals in the real estate impact space. The nexus between research quality and research impact is also articulated. As well as focusing on research quality, strategies are identified for the effective incorporation of research impact into a real estate researcher's agenda to assist their research careers; particularly for Early Career Researchers in real estate.

Design/methodology/approach

The research impact profile of over 150 real estate researchers and 22 real estate journals was assessed using Google Scholar and Publish or Perish. Using the research impact metrics of the h-index, total citations and i10, the leading high impact real estate researchers as well as the high impact real estate journals are identified.

Findings

Based in these research impact metrics, the leading real estate researchers in impactful real estate research are identified. Whilst being US focused, there is clear evidence of increasing roles by ERES, AsRES and PRRES players. The leading real estate journals in the impact space are identified, including both real estate-specific journals and the broader planning/urban policy journals, as well as being beyond just the standard US real estate journals. Researcher career strategies are also identified to see both research quality and research impact included as balanced elements in a real estate researcher's career strategy.

Practical implications

With research impact playing an increased role in all real estate researchers' careers, the insights from this paper provide strong empirical evidence for effective strategies to expand the focus on the impact of their real estate research agendas. This sees a balanced strategy around both research quality and research impact as the most effective strategy for real estate researchers to achieve their research career goals.

Originality/value

Research impact has taken on increased importance globally and is an important factor in shaping real estate researchers' careers. Using research impact metrics, this is the first paper to rigorously and empirically identify the leading research impact players and journals in real estate, as well as identifying strategies for the more effective inclusion of impact in real estate researchers' agendas.

Keywords

Citation

Newell, G., Marzuki, M.J., Worzala, E., Adair, A., Hoesli, M. and Rodriguez, M. (2022), "The significance of impact in real estate research publications", Journal of Property Investment & Finance, Vol. 40 No. 1, pp. 49-67. https://doi.org/10.1108/JPIF-04-2020-0034

Publisher

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Emerald Publishing Limited

Copyright © 2021, Emerald Publishing Limited

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