  How to quantify the impact of a researcher's or an institution's body of work
is a matter of increasing importance to scientists, funding agencies, and
hiring committees. The use of bibliometric indicators, such as the h-index or
the Journal Impact Factor, have become widespread despite their known
limitations. We argue that most existing bibliometric indicators are
inconsistent, biased, and, worst of all, susceptible to manipulation. Here, we
pursue a principled approach to the development of an indicator to quantify the
scientific impact of both individual researchers and research institutions
grounded on the functional form of the distribution of the asymptotic number of
citations. We validate our approach using the publication records of 1,283
researchers from seven scientific and engineering disciplines and the chemistry
departments at the 106 U.S. research institutions classified as "very high
research activity". Our approach has three distinct advantages. First, it
accurately captures the overall scientific impact of researchers at all career
stages, as measured by asymptotic citation counts. Second, unlike other
measures, our indicator is resistant to manipulation and rewards publication
quality over quantity. Third, our approach captures the time-evolution of the
scientific impact of research institutions.
