Entrepreneurship Journal Rankings



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Entrepreneurship Journal Rankings 

 

Jerome (Jerry) Katz   

 

 

Kim Boal 

Murray 

Professor 

 

   College 

of 

Business 

Administration 

Saint Louis University, CSB  

 

Texas Tech University 

St. Louis MO 63108   

 

 

Lubbock, TX 79409 

USA 

     (806) 

742-2150 

(314)977-3864    

KimBoal@ttu.edu

 

katzja@slu.edu

 

 

 

 

eweb.slu.edu 

    

 

 

First Thoughts from Jerry Katz 

 

If you need listings, they are out there! 



There are published rankings, as well as 

scholarly discussions on rankings and 

impact. There are several articles 

specific to entrepreneurship. The 

dilemma in the published research is that 

the journal focus is relatively narrow in 

terms of coverage of the more than 40 

journals in entrepreneurship. Generally 

only the top few journals are typically 

covered. 

 

In response to this problem, the AOM 



Entrepreneurship Division is preparing a 

listing of journals, and covers 20, 

including many of the entrepreneurship 

niche journals. It will be coming out 

soon, and was based on 164 responses.  

Somewhere along the way, someone 

mentioned that a survey was being 

conducted by (or on behalf of) another 

AOM Division, but I have to admit I 

cannot find that mention now. The way I 

handled this on eWeb was to segment by 

SSCI inclusion (JBV, JSBM, SBE, 

ERD), then by inclusion in another 

major index (ABI/Inform, Anbar, 

EBSCO, Lexis), and then non-indexed 

journals. I include the current 

(admittedly incomplete) version of the 

updated list in Exhibit 1. Organized this 

way, it is easy for deans to understand, 

but I am not sure of its realism as a 

reflection of our field or its journals. 

 

Two other listings are included below in 



their entirety. One is from the Financial 

Times (see Exhibit 2) and gives the 35 

journals used to measure the intellectual 

impact of a field (thanks to Steve Phelan 

and Peter Davis). It includes JBV, ETP 

and JSBM. The second listing is from 

John Carroll University (see Exhibit 3) 

and is their 3-level segmentation of 

entrepreneurship journals (thanks to 

Greg Konz). You could also contact 

Scott Shane  (sshane@rhsmith.umd.edu) 

at Maryland, who has another list of top 

journals. There were also suggestions 

about other ways to evaluate impact, 

from Kim Boal and inspired by Alex 

Stewart and Art Bedian, repeated below. 

 

 

Key Published Articles 



 

The key articles specific to 

entrepreneurship (thanks to Lowell 

Busenetiz who has an article on the 

subject coming out in 2003 in  JOM with 

Page West, Dean Shepherd, Teresa 

Nelson, Gaylen Chandler, and Andrew 

Zackarakis – and which will instantly 

become one of the key published articles 

along with those below) are listed in 

Exhibit 4. 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 



 

 

 

 

 

 

 

Exhibit 1 

eWeb 

**Interim** lisitng - revision will be posted at 

http://eweb.slu.edu/booklist.htm

 

 



Level 1 - Included in SSCI: ERD, JBV, JSBM, SBE 

 

Level 2 - Included in other major indexes: ETP, Creativity and Innovation 



Management, Economic Analysis:A Journal of Enterprise and Participation, 

Enterprise and Innovation Management Studies, International Journal of 

Entrepreneurship and Innovation Management; Milton Keynes, International Small 

Business Journal, Journal of Developmental Entrepreneurship, Journal of 

Entrepreneurial and Small Business Finance, Venture Capital: An International 

Journal of Entrepreneurial Finance.  

 

[Nonrefereed journals indexed include:  Black Enterprise, Entrepreneur Magazine, 



European Venture Capital Journal, Inc. Magazine, Small Business Banker, Small 

Business Computers, Small Business Economic Trends, Small Business Reports, 

Small Business Forum, UK Venture Capital Journal, Venture Capital Journal) 

 

Level 3 - [Tentative, not all journals have been checked in all major indexes yet!!] 



Academy of Entrepreneurship Journal, Asian Journal of Business and 

Entrepreneurship, Business Journal for Entrepreneurs Quarterly, Economics of 

Innovation and New Technology, Entrepreneurial Executive, Entrepreneurship 

Development Review, Entrepreneurship, Innovation and Change, Family Business 

Review, International Journal of Entrepreneurial Behaviour & Research, International 

Journal of Entrepreneurship, International Journal of Entrepreneurship and Innovation, 

International Journal of Technological Innovation and Entrepreneurship, Journal of 

Applied African Business & Entrepreneurship, Journal of Applied Management and 

Entrepreneurship, Journal of Business and Entrepreneurship, Journal of Business 

Strategies Journal of Creative Behavior, Journal of Enterprising Culture, Journal of 

Entrepreneurship, Journal of Entrepreneurship Education, Journal of Entrepreneurial 

Finance & Business Ventures, Journal of Evolutionary Economics, Journal of 

Extension, Journal of International Business and Entrepreneurship, Journal of 

Microfinance, Journal of Private Enterprise, Journal of Private Equity, Journal of 

Small Business and Enterprise Development, Journal of Small Business & 

Entrepreneurship, Journal of Small Business Strategies, Journal of Technology 

Transfer, New England Journal of Entrepreneurship, Quarterly Journal of Austrian 

Economics, Review of Austrian Economics, Small Business and Enterprise 

Development, Small Enterprise Development: An International Journal, Small 

Enterprise Research: The Journal of SEAANZ.  

 

[Nonrefereed journals include: American Inventor, Asian Venture Capital Journal, 



Australian Venture Capital Journal, National Small Business Journal, The Network 

Journal's Website: A Magazine for Black Professionals and Entrepreneurs, Savvy 

Magazine, Minority Business Entrepreneur (MBE) Magazine, Minority Business 

Today, The Small Business Journal] 




 

 

Exhibit 2 

Financial Times Classification 

 

1. Journal of Accounting and Economics  (Elsevier) 



2. The Accounting Review (American Accounting Association) 

3. Journal of Accounting Research (University of Chicago) 

4. The American Economic Review (American Economic Association, Nashville) 

5. Journal of Political Economy (University of Chicago) 

6. Econometrica (Econometric Society, University of Chicago) 

7. Journal of Business Venturing  (NYU/Elsevier) 

8. Entrepreneurship Theory and Practice (Baylor University, Waco, Texas) 

9. Journal of Small Business Management (National Council for Small Business Management 

Development) 

10. Journal of Finance  (American Finance Associationb) 

11. Journal of Financial Economics (University of Rochester/Elsevier) 

12. Review of Financial Studies (Oxford University Press) 

13. Strategic Management Journal  (John Wiley and Sons) 

14. Academy of Management Journal (Academy of Management, Ada, Ohio) 

15. Academy of Management Review (Academy of Management) 

16. Administrative Science Quarterly (Cornell University) 

17. Human Resource Management (Routledge Journals, London) 

18. International Journal of Human Resource management (Basil Blackwell, Oxford) 

19. Organizational Behaviour and Human Decision Processes (Academic Press) 

20. Journal of Applied Psychology (American Psychology Organisation 

21. Journal of International Business Studies (Academy of International Business/university of 

South Carolina)  

22. Management International Review  (Gabler Verlag, Wiesbaden) 

23. Journal of Marketing Reserach (American Marketing Association) 

24. Journal of Consumer Research (American Association for Public Opinion 

Research/University of Chicago) 

25. Journal of Marketing (American Marketing Association) 

26. Management Science (Institute for Operations Research and the Management Sciences) 

27. Operations Research (Institute for Operations Research and the Management Sciences 

28. Journal of Operations Management (Elsevier) 

29. Information Systems Research (Institute for Operations Research and the Management 

Sciences) 

30. MIS Quarterly (Society for Information Management, University of Minnesota) 

31. Harvard Business Review (HBR Press) 

32. California Management Review (UC Berkeley) 

33. Sloan Management Review (MIT) 

34. Long Range Planning  (Elsevier, Oxford) 

35. Academy of Management Executive (Academy of Management) 

 



Observation on the glut of E journals  

One issue has been coming up 

repeatedly, and deserves a widely 

available comment. It has to do with 

consequences of the number of journals. 

The reasoning comes from a paper "The 

Chronology and Intellectual Trajectory 

of American Entrepreneurship 

Education", which JBV will publish next 

year. 


Give or take, there are 44 English 

language, peer-reviewed journals in our 

field. An annual subscription to all of 

them for a library would set them back 

around $20,000. As a result, libraries 

have to make a choice which journals to 

carry. They tend to pick those with a 

high rating, supplemented by a few that 

the local entrepreneurship faculty 

specify. Historically, the ones specified 

are the ones the local professors are most 

closely identified with (e.g. through 

publishing there or editorial board 

membership). Few libraries can carry 

even a quarter of all the journals. 

Adding indexing services helps, but only 

a little bit. The index services (e.g. ABI, 

Anbar/Emerald, EBSCO, Lexis, SSCI, 

etc.) again go to the most highly rated 

journals, and then to the oldest (since it 

gives more material to index and 

hopefully to be called-up). The result is 

that the list of indexed journals is only 

about one-third of all 44 journals. Taken 

together, there is tremendous 

concentration of market and citation 

clout at the top of the journal ranking 

list. 


 

 

 

 

Exhibit 3 

John Carroll University Classification 

 

Level I 



 

1. Journal of Business Venturing 

2. Small Business Economics 

3. Entrepreneurship: Theory & Practice 

4. Journal of Small Business Management 

 

Level II 



 

1. Entrepreneurship, Innovation and Change 

2. Family Business Review 

3. International Journal of Entrepreneurship 

Development, Education and Training 

4. International Journal of Entrepreneurship 

5. International Journal of Technological 

Innovation and Entrepreneurship 

6. Journal of Developmental Entrepreneurship 

7. Journal of Enterprising Culture 

8. Journal of Entrepreneurship Education 

9. Journal of Private Enterprise 

10. New England Journal of Entrepreneurship 

11. Small Business and Enterprise 

Development 

       


Level III 

 

1. Economic Analysis: A Journal of Enterprise 



and Participation 

2. Enterprise and Innovation Management 

Studies 

3. Entrepreneurship Development Review 

4. Journal of Entrepreneurship 

5. Journal of International Business and 

Entrepreneurship 

6. Journal of Technology Transfer 

7. Small Enterprise Research: The Journal of 

SEAANZ 


8. Studies in Cultures, Organizations and 

Societies 




Problem Number 1 

This leads to problem number 1 - a lot of 

journals can't get the word out about 

their material, and the chance of their 

increasing their penetration into the field 

is limited because of cost factors, 

exacerbated by their lack of visibility. 

Now let's think about the problem of 

wealth. With 44 journals, for ease of 

computation, call them all quarterlies, 

there are 176 issues a year. With 5 

articles per issue (again a rough guide), 

that is 880 articles a year. 

[Tremendously important note: I am not 

even considering mainstream journals 

here - nothing in AMR, AMJ, ASQ, 

SMJ, etc.] These article opportunities are 

spread across the subset of academics 

who are "into" publishing. Looking at 

the AOM's Entrepreneurship Division, 

the "usual suspects" of publishing 

represent around 25% of the 1000 

members. Looking at the AOM as a 

whole (I did a 1% sample for a quick 

test), only 8% of the members ever 

published in any AOM journal. The 

point is that not everyone in the field 

publishes. 

That said, looking only at 

entrepreneurship journals and using the 

25% number, there would be 3-4 paper 

"slots" a year for every publishing 

oriented academic in the field. Multiple 

authorship increases this number, while 

one-time publishers, and people from 

other disciplines depress the number. 

Still, the point I try to make to my 

protégés and students is that every 

person who wants to publish in 

entrepreneurship has more than ample 

opportunity to do so. I can't think of 

another field that is so wealthy in 

publishing opportunities. 

 

And amazingly, those publishing slots 



get filled! Are they all of the same 

quality? Obviously not, and inclusion in 

an index, being published by a 

commercial publisher, having a 

sponsoring professional organization, 

being peer-reviewed, or being long-

established is no guarantee of quality at 

the level of the individual paper being 

published. 

Problem Number 2  

There is a glut of journals out there. 

They largely aren't indexed; their papers 

go largely unheralded. At the worst, the 



Exhibit 4 

Key Published Articles 

 

Aldrich, H.E., & Baker, T.  (1997).  Blinded by the 



cites?  Has there been progress in entrepreneurship 

research?  In D.L. Sexton & R.W. Smilor (eds.) 

Entrepreneurship 2000.  Chicago:  Upstart 

Publishing. 

 

Harrison, R. T., & Leitch, C. M.  (1996).  



Discipline emergence in entrepreneurship: 

Accumulative fragmentalism or paradigmatic 

science? Entrepreneurship, Innovation, and 

Change, 5(2):  65-83. 

 

Macmillan, I.C. (1991).  Editor’s note:  



Delineating a forum for entrepreneurship scholars. 

Journal of Business Venturing, 6(2):  83-87. 

 

Macmillan, I.C.  (1993). The emerging forum of 



entrepreneurship scholars. Journal of Business 

Venturing, 8:  377-381. 

 

Romano, C.,  & Ratnatunga, J.  (1996).  A citation 



analysis of the impact of journals on contemporary 

small enterprise research.  Entrepreneurship 

Theory and Practice, 20(3): 7-21 



glut of journals means that at the low 

end, there are a lot of publishing slots to 

be filled and some truly low quality 

papers get published (and given 

commercial publishers pressures for 

consistency, it means that a 

commercially published journal is 

MORE likely on balance to publish a 

low quality paper in a pinch). It can 

happen with impunity because the 

journals aren't widely known.  

Solutions? One argument is that libraries 

should spend their entrepreneurship 

subscription monies ONLY on journals 

that are not indexed in the electronic 

databases they already have. This would 

get more widespread distribution of 

journals. 

Second, as Howard Aldrich has long 

argued, we need to cite each others 

works more, and get others to do so too. 

We need to do a better job of digging up 

relevant papers and getting relevant 

papers to others who are writing in the 

same topical areas. This means if you 

see someone's paper in an area you've 

published, and you have a paper 

published in an non-indexed journal on 

the same topic, send them a copy. 

Third, I've long argued that what was 

needed was for a commercial service, an 

entrepreneurship center, or one of our 

core foundations (or a combination 

thereof) to create an indexing service 

focused on the entrepreneurship 

journals. With electronic publishing, the 

dissemination is much easier than in the 

days of paper-only indexing. Ironically, 

such an index might be a harvest 

opportunity downstream. What might 

ABI or EBSCO paying to incorporate 

another 30+ journals into their database, 

when they know it will add several 

hundred thousand hits a year to their 

websites? (I am available to consult on 

this one.) 

Personally, I think if papers become 

widely known, the incentive to publish 

good papers increases (or at least the 

embarrassment that comes from 

publishing poor papers becomes 

overwhelming). Also, the visibility of 

our works increases. Our field could 

only benefit from these sorts of 

outcomes. 

 

 



 

Ruminations From Kim Boal 

 

My former colleague Alex Stewart wrote 



about our fascination with journal 

rankings.  Below are some different 

perspectives for your consideration. 

 

1)  Ignore journal rankings and look for 



individual citations on Web of Science.  

If article cited than where it is published 

irrelevant.  If not cited, then who cares.  

One of my colleagues in accounting has 

published over 12 articles in a sub-area 

of accounting.  Now, accounting says it 

is the top specialty journal in her area of 

research, thus they count it as an A-.  

Nobody argues with their assessment for 

merit increases. Interestingly, when this 

professor was considered for a 

professorship, along with people from 

other areas, the committee looked at 

their citations.  None of this professor’s 

articles in this particular journal had ever 

been cited.  Another professor, from 

another area, with over 400 citations was 

given the professorship. 

 

2)  Allow each area to make its own 



professional judgment as to the quality 

of a particular journal.  Here at Texas 




Tech, the Area of Management had to 

confront the problem you are facing 

when we decided to push our Health 

Organization Management program.  

(We now offer 3 different MBAs in  

HOM for regular students, medical 

students, and practicing physicians - all 

are ACHESA as well as AACSB 

accredited.)  We decided that it made no 

sense to ask people to develop expertise 

in an area, and ask them to publish in 

that area, if we were then going to 

punish them by saying HOM journals 

did not count, or did not count as much, 

because they were not in  management 

and were not highly cross referenced.   

 

 

Basically, we decided to rate them as an 



A-.  Thus, a person could obtain tenure 

by publishing in them.  We do the same 

for JBV and ENTP. 

 

3)  Because of citation impact, don't rate 



them highly.  Treat them as B's.  Not 

tenure-able by themselves.  When I was 

visiting at Penn State, I had a question 

about Entrepreneurship.  I thought I 

knew the answer, but I wanted to check 

with someone who taught in the area.  

So I asked a colleague (I won't mention 

his name), who taught 

Entrepreneurship.  He said no one.  That 

they did not teach it because you could 

not get tenured publishing in the two 

above mentioned journals. 

 

4)  One of my students who has just 



finished his Ph.D. has a very good 

publishing record.  However, it is almost 

entirely in HOM.  He has however taken 

a job in strategy at a Ph.D. granting 

institution.  When advising him I said 

there were two HOM models.  One 

model was to do like his major professor 

and become an HOM expert.  The other 

was to be like Alan Myer and be a 

strategy/ot person who happen to do 

field research in HOM.  I think 

Entrepreneurship research could be the 

same way, e.g., use main stream 

theories to examine entrepreneurial 

questions.  One of my Ph.D. students, 

Patrick Schultz, is comparing 

institutional theory with population 

ecology to examine the evolution of the 

broad band industry.  (His was an Org 

Sci dissertation finalist).  His study, thus 

can be frame as a very mainstream, but 

innovative study (see Baum and Hannan 

debate) OT dissertation, or I think, a 

strategy or an entrepreneurship 

dissertation.  It depends on how he 

frames the issues and the literatures he 

cites.  Thus, SMJ type journals are  

outlets if the proper theoretical framing 

and methodological rigor under grid the 

entrepreneurial study.  In fact, I would 

recommend that your students 

automatically think about submitting to 

AMJ, assuming theoretical and empirical 

rigor.  My guess is that folks in 

Entrepreneurship self censor their own 

work and do not consider sending it to 

non-entrepreneurship journals.  Send it 

in and see what the reviewers say. Then 

we will learn what is acceptable to 

them.  In Patrick's case I am targeting it 

for ASQ. 

 

5)  Read the article and have the faculty 



judge its quality and thus rate articles 

and not journals.  If that doesn't work, 

remember many of the journals the other 

areas are pushing don't have any better 

citation record than JBV or ENTP.  If 

other areas are determined to use citation 

impact, then what is good for the goose 

is good for the gander.  Lower their 

ratings.  

 

 




Second Idea Set from Kim Boal 

 

What to do, what to do?  I don't have the 

solution, but let me make anecdotally 

based observations.  From the European 

perspective, the "problem" with AMJ 

and AMR is that we are "too" 

traditional.  We don't "sin bravely" in 

either what we research or how we do it. 

We cling to "American" ways of "doing" 

research.  (As an American, I interpret 

this as saying we are fixated on 

nomological networks, internal validity, 

measurement reliability, and statistical 

validity). Even AMR has become more 

"formulaic" in the way articles are 

presented. 

 

The differences in European and "North" 



American perspectives can also been 

seen in the kinds of reviews given.  

Following Art Bedian, American 

reviewers are more likely to tell 

author(s) they "must" (should) do the 

following.  This results in Bedian's 

lament that the "author's" voice is lost in 

the final manuscript.  European 

reviewers are more ambiguous in their 

feedback.  Authors are told they might 

want to "think about" or "consider" 

something.  It is often unclear if they are 

making a request that the manuscript be 

revised allow certain paths or merely 

suggesting that future research 

incorporate these ideas. 

 

I don't know if the "problem" can be 



solved.  If it is merely a problem of 

"perception" and not reality, than 

discussions about process may be useful. 

 If the differences truely exist, than 1) 

we can ignore them and be content with 

our our position on the "methods of 

science" or 2) include more 

European/international reviewers on 

manuscripts originating outside the 

US/Canada nexus who are sensitive to 

the differences, and thus will provide 

reviews that reflect those differences.  

This means, however, that we must be 

willing to publish manuscripts that are 

"different" than those that closely meet 

the nomological, etc. criteria. 

 

Changing the subject slightly, (but I will 



come back to it), Bill Starbuck is famous 

for publishing statistics on journal 

citation counts.  In many respects, AMR 

and AMJ are doing a "good" job because 

the "predicted" citation count is 

increasing.  Despite the high ranking of 

AMR and AMJ, I would why we are not 

doing better.  Given that everyone in the 

academy receives our journals, shouldn't 

our citation count be even higher given 

our subscription base?  Two possible 

answers.  First, give that our journals are 

"general" in nature, only a few of the 

articles that appear in any given issue 

appeals to a specific audience.  For 

example, someone in HRM will not find 

as many pertient articles in AMJ or 

AMR than say JAP. Thus, despite the 

high subscription rate, a higher citation 

rate is unlikely. 

 

The second answer lies in the above 



arguments, and the arguments Art 

Bedian was trying to suggest.  Our 

journals have become "too" narrow and 

uninteresting to have wide appeal, 

especially to those who follow a 

different research tradition. 

 

Perhaps we should not try to be all 



things to all people.  As Dirty Harry 

said, "A man (forgive the gender bias) 

has got to know his limitations.” 

 

 




 

 

Other Listings in Management 

 

Nicolaj Siggelkow's "Who reads my paper anyhow" is downloadable at:  



http://www.management.wharton.upenn.edu/siggelkow/pdfs/whocares2b.pdf

 

 



Charles Booth's listing of relevant sites on ranking: 

http://www.geocities.com/orgscience/context.htm

 

 

Bill Starbuck's Journal Ranking list can be found from his web-page: 



http://www.stern.nyu.edu/~wstarbuc/

 

 



Carol Saunders list (MIS focused, but some good Managment coverage) 

http://www.bus.ucf.edu/csaunders/oldjournal.htm

 

 

The University of Bradford's lists are at: 



http://www.brad.ac.uk/acad/management/research/documents/journalbyjournal.pdf

 

 



or: 

http://www.brad.ac.uk/acad/management/research/documents/journalbysubject.pdf

 

 

or: 



http://www.harzing.com/resources.htm#jql

 

 



 

 

Acknowledgments 

 

Thanks to all those who offered information and advice on the thorny issue of journal 



rankings in entrepreneurship. The list includes: Lowell Busenitz, Benson Honig, Peter 

Davis, Kim Boal, Charles Booth, Per Davidsson, Scott Shane, Minet Schindehutte, 

Robert Sullivan, Steven Phelan, Joel West, Greg Konz, Charles Matthews. If I mised 

your name, believe me, it is an oversight, not a slight. 



 

Document Outline

  • First Thoughts from Jerry Katz
  • Key Published Articles
  • O
  • Personally, I think if papers become widely known, the incentive to publish good papers increases (or at least the embarrassment that comes from publishing poor papers becomes overwhelming). Also, the visibility of our works increases. Our field could on
  • Ruminations From Kim Boal
  • Second Idea Set from Kim Boal
  • Other Listings in Management
  • Acknowledgments

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