A Journal is a Club: A New Economic Model for Scholarly Publishing

A new economic model for analysis of scholarly publishing—journal publishing in particular—is proposed that draws on club theory. The standard approach builds on market failure in the private production (by research scholars) of a public good (new scholarly knowledge).

In that model publishing is communication, as the dissemination of information. But a club model views publishing differently: namely as group formation, where members form groups in order to confer externalities on each other, subject to congestion.

A journal is a self-constituted group, endeavouring to create new knowledge. In this sense ‘a journal is a club’. The knowledge club model of a journal seeks to balance the positive externalities due to a shared resource (readers, citations, referees) against negative externalities due to crowding (decreased prospect of publishing in that journal).

A new economic model of a journal as a ‘knowledge club’ is elaborated. We suggest some consequences for the management of journals and financial models that might be developed to support them.

URL : http://ssrn.com/abstract=2763975

Leading by Example? ALA Division Publications, Open Access, and Sustainability

This investigation explores scholarly communication business models in American Library Association (ALA) division peer-reviewed academic journals. Previous studies reveal the numerous issues organizations and publishers face in the academic publishing environment. Through an analysis of documented procedures, policies, and finances of five ALA division journals, we compare business and access models.

We conclude that some ALA divisions prioritize the costs associated with changing business models, including hard-to-estimate costs such as the labor of volunteers. For other divisions, the financial aspects are less important than maintaining core values, such as those defined in ALA’s Core Values in Librarianship.

URL : http://m.crl.acrl.org/content/early/2015/12/14/crl15-841.abstract

Les revues de sciences humaines et sociales en France: libre accès et audience

« La Commission européenne a émis le 17 juillet 2012 une recommandation en faveur du libre accès aux résultats de la recherche financée sur fonds publics.

La question posée aux politiques publiques est celle de la durée pendant laquelle l’accès peut être payant avant le passage à la gratuité de l’article. Il s’agit donc de prendre la mesure des gains et des coûts d’une telle politique de libre accès pour déterminer quel serait le délai optimal d’embargo. »

URL : http://www.ipp.eu/wp-content/uploads/2015/07/revues-shs-rapport-IPP-juillet2015.pdf

Donations as a Source of Income for Open Access Journals: An Option To Consider?

« Online open access journals allow readers to view scholarly articles without a subscription or other payment barrier. However, publishing costs must still be covered. Therefore, many of these publications rely on support from a variety of sources. One source of funds not commonly discussed is donations from readers.

This study investigated the prevalence of this practice and sought to learn about the motivation of journal editors to solicit donations, and also to gather input on the effectiveness of this strategy. Results show that very few open access journals solicit donations from readers, and for those that do, donations represent only a very small portion of all support received. »

URL : http://dx.doi.org/10.3998/3336451.0018.307

Developing an Effective Market for Open Access Article Processing Charges

This report was commissioned by a consortium of European research funding organizations led by the Wellcome Trust.

The study was undertaken to stimulate thinking among research funders who have set up, or are considering setting up, mechanisms for direct “earmarked” funding of article processing charges (APCs) in open access (OA) journals.

The report covers both full OA journals (referred to in the report as “full OA”, such as those published by Biomed Central and PLOS) and subscription journals which offer authors the possibility of making their individual articles OA by paying an APC.

This latter category is known as “hybrid OA”. There are many full OA journals that are funded by means other than APCs and the term “gold OA” also includes these journals.

When they are included in the discussion this will be make clear, the focus of the report is however on the segment of gold OA funded by APCs.

URL : Developing an Effective Market for Open Access Article Processing Charges

Alternative URL : http://www.wellcome.ac.uk/stellent/groups/corporatesite/@policy_communications/documents/web_document/wtp055910.pdf

Open Access Publishing A Literature Review Within…

Open Access Publishing: A Literature Review :

« Within the context of the Centre for Copyright and New Business Models in the Creative Economy (CREATe) research scope, this literature review investigates the current trends, advantages, disadvantages, problems and solutions, opportunities and barriers in Open Access Publishing (OAP), and in particular Open Access (OA) academic publishing. This study is intended to scope and evaluate current theory and practice concerning models for OAP and engage with intellectual, legal and economic perspectives on OAP. It is also aimed at mapping the field of academic publishing in the UK and abroad, drawing specifically upon the experiences of CREATe industry partners as well as other initiatives such as SSRN, open source software, and Creative Commons. As a final critical goal, this scoping study will identify any meaningful gaps in the relevant literature with a view to developing further research questions. The results of this scoping exercise will then be presented to relevant industry and academic partners at a workshop intended to assist in further developing the critical research questions pertinent to OAP. »

URL : http://www.create.ac.uk/wp-content/uploads/2014/01/CREATe-Working-Paper-2014-01.pdf

Journal Usage Half Life An analysis of…

Journal Usage Half-Life :

« An analysis of article downloads from 2,812 academic and professional journals published by 13 presses in the sciences, social sciences , and the humanities reveals extensive
usage of articles years after publication. Measuring usage half life — the median age of articles downloaded from a publisher’s web site — just 3% of journals had half lives shorter than 12 months. While journal usage half lives were typically shorter for journals in the Health Sciences (median half life: 25-36 months), they were considerably longer for journals in the Humanities, Physics and Mathematics (median half life: 49-60 months). Nearly 17% (475) of all journals had usage half lives exceeding six years. This study illustrates substantial variation in the usage half lives of journals both within and across subject disciplines. »

URL : http://www.publishers.org/_attachments/docs/journalusagehalflife.pdf