OpenAlex is a promising open source of scholarly metadata, and competitor to established proprietary sources, such as the Web of Science and Scopus. As OpenAlex provides its data freely and openly, it permits researchers to perform bibliometric studies that can be reproduced in the community without licensing barriers. However, as OpenAlex is a rapidly evolving source and the data contained within is expanding and also quickly changing, the question naturally arises as to the trustworthiness of its data. In this report, we will study the reference coverage and selected metadata within each database and compare them with each other to help address this open question in bibliometrics. In our large-scale study, we demonstrate that, when restricted to a cleaned dataset of 16.8 million recent publications shared by all three databases, OpenAlex has average source reference numbers and internal coverage rates comparable to both Web of Science and Scopus. We further analyse the metadata in OpenAlex, the Web of Science and Scopus by journal, finding a similarity in the distribution of source reference counts in the Web of Science and Scopus as compared to OpenAlex. We also demonstrate that the comparison of other core metadata covered by OpenAlex shows mixed results when broken down by journal, capturing more ORCID identifiers, fewer abstracts and a similar number of Open Access status indicators per article when compared to both the Web of Science and Scopus.
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