All other things being equal, that’s probably true. But
everything is not always equal all of the time.
I’m tempted to affirm that book chapters can be valuable even
at R1 universities, but I don’t have any direct experience there so I would only be
extrapolating. But here are some arguments for why they are valuable. These
aren’t ranked according to importance.
First, they can be an efficient use of both available
research and of time. Getting several journal articles out is a very lengthy
process. If you have some work lying around that doesn’t fit anywhere else, and
that might require only a little extra work to tighten up or add to, it might
make sense to participate in an edited volume. It’s a quick and “easy”
publication, which adds to your cv. Some are even genuinely peer-reviewed.
Second, in many departments, the publication expectations
are less stringent; you don’t need 10 articles in the top three journals of the
field. Where there is a range of the minimum number of publications needed
(say, six to eight) and the specific nature of those publications is kept
vague, then a book chapter or two can carry you over the minimum number of
publications needed for tenure or promotion. This is especially helpful if you’ve
already got several peer-review journal articles out and are working on a
longer-term project that needs time to develop—per the first point.
Third, an edited volume is a form of social network that has long-term benefits. While getting good work published should be the core method by which you expand your network, many edited volumes
develop out of workshops or conference panels. These are ideal vehicles for
networking—developing relationships with colleagues who will then read your
work and provide feedback, collaborate on research, co-write op-eds and public commentary,
introduce you to other colleagues and interested parties, invite you to other
workshops and conferences, and so on.
Fourth, some edited volumes are considered foundational or
key sources for a given subject matter or approach—including in old-fashioned
hardcover form. This makes them an important go-to place for researchers and
analysts interested in that topic. For example, Duncan Bell’s edited Memory, Trauma and World Politics brought together scholars working on the
then-emerging literature of traumatic memories and their effects. The volume as
a whole and individual chapters are, eight years after publication, still
regularly cited by other books and articles on the subject. For example, Karin
Fierke’s focus on the “performative” element of social memory is often used as the
theoretical scaffolding for arguments about memory-making, public apologies, and
more. Getting a chapter in such a book, then, can provide considerable
exposure. (The volume is also available as an eBook.)
Obviously, none of this is to say that scholars should focus
on book chapters; a university press book and several articles in good journals
remain the primacy currency for recognition and promotion. But that doesn’t
automatically lead to a conclusion that book chapters are a waste of time or
effort.
Update: Tom Pepinsky almost simultaneously wrote his own defense of book chapters for assistant professors. Read it; and he's funnier than I am.
Update: Tom Pepinsky almost simultaneously wrote his own defense of book chapters for assistant professors. Read it; and he's funnier than I am.