arXiv:2511.01211v3 Announce Type: replace-cross Abstract: We propose a framework that recasts scientific novelty not as a single attribute of a paper, but as a reflection of its position within the evolving intellectual landscape. We decompose this position into two orthogonal dimensions: \textit{spatial novelty}, which measures a paper's intellectual distinctiveness from its neighbors, and \textit{temporal novelty}, which captures its engagement with a dynamic research frontier. To operationalize these concepts, we leverage Large Language Models to develop semantic isolation metrics that quantify a paper's location relative to the full-text literature. Applying this framework to a large corpus of economics articles, we uncover a fundamental trade-off: these two dimensions predict systematically different outcomes. Temporal novelty primarily predicts citation counts, whereas spatial novelty predicts disruptive impact. This distinction allows us to construct a typology of semantic neighborhoods, identifying four archetypes associated with distinct and predictable impact profiles. Our findings demonstrate that novelty can be understood as a multidimensional construct whose different forms, reflecting a paper's strategic location, have measurable and fundamentally distinct consequences for scientific progress.