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 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 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
The move from subscription only publishing of scholarly articles to open access has been much slower than previously anticipated by many Open Access (OA) advocates. Despite the many advantages that OA offers, this particular branch of E-commerce imposes several formidable barriers to change.
A framework conceptualizing these barriers that was developed over a decade ago was revisited to see if the significance of these barriers has changed. Nowadays, building the IT infrastructure, support from indexing services and finding a sustainable business model are no longer important barriers. For gold OA publishing the academic reward system is still a major obstacle, whereas more marketing and critical mass is needed for both gold OA and green OA.
Green OA self-archiving is still also strongly affected by what subscription publishers allow. In the overall balance the situation has nevertheless improved significantly.
URL : http://www.mdpi.com/2304-6775/1/1/5
Open Access versus Traditional Journal Pricing: Using a Simple “Platform Market” Model to Understand Which Will Win (and Which Should) :
« Economists have built a theory to understand markets in which, rather than selling directly to buyers, suppliers sell through a platform, which controls prices on both sides. The theory has been applied to understand markets ranging from telephony, to credit cards, to media. In this paper, we apply the theory to the market for scholarly journals, with the journal functioning as the platform between submitting authors and subscribing readers. Our goal is to understand the conditions under which a journal would prefer open access to traditional pricing and under which open access would be better for the scholarly community. Our new model captures much of the richness of the existing economic literature on journal pricing, and indeed adds some fresh insights, yet is simple enough to be accessible to a broad audience. »
URL : http://dx.doi.org/10.1016/j.acalib.2012.11.035
Economists have built a theory to understand markets in which, rather than selling directly to buyers, suppliers sell through a platform, which controls prices on both sides. The theory has been applied to understand markets ranging from telephony, to credit cards, to media.
In this paper, we apply the theory to the market for scholarly journals, with the journal functioning as the platform between submitting authors and subscribing readers. Our goal is to understand the conditions under which a journal would prefer open access to traditional pricing and under which open access would be better for the scholarly community.
Our new model captures much of the richness of the existing economic literature on journal pricing, and indeed adds some fresh insights, yet is simple enough to be accessible to a broad audience.
URL : http://ssrn.com/abstract=2201773
Open access publishing has been proposed as one possible solution to the serials crisis – the rapidly growing subscription prices in scholarly journal publishing.
However, open access publishing can present economic pitfalls as well, such as excessive publication charges.
We discuss the decision that an author faces when choosing to submit to an open access journal.
We develop an interactive tool to help authors compare among alternative open access venues and thereby get the most for their publication fees.
URL : http://www.eigenfactor.org/openaccess/CostEffectiveness.pdf