Methods of Financing Gold Open Access Publishing
In scholarly publishing, there are many business models for OA journals. Some charge publication fees (paid by authors or by their funding agencies or employers). Some of the no-fee journals have institutional subsidies. For more detail, see open access journals.
Roughly half the Gold OA journals have author fees to cover the cost of publishing (e.g. PLoS fees vary from $1,350 to $2,900) instead of reader subscription fees. Advertising revenue and/or funding from foundations and institutions are also used to provide funding.
As long as subscription publication continues to prevail (as it still does for 90% of journals today, including virtually all the top journals), the institutional funds that could potentially pay Gold OA publication fees are still locked into subscriptions to the journals that their institutional users need to access. Cancelling them is not possible unless those user access needs can be fulfilled by some alternative means of access. Meanwhile, publication costs are being paid for in full by the institutional subscriptions. So the only thing lacking is access for those users whose institutions cannot afford subscriptions. What can provide both (1) access for all users lacking it and (2) an eventual alternative means of access even for users at subscribing institutions (allowing their institutions to cancel their subscriptions and free them to pay for Gold OA publication fees) is the global adoption of Green OA self-archiving mandates by all institutions and funders.
Read more about this topic: Open Access Publishing
Famous quotes containing the words methods of, methods, gold, open, access and/or publishing:
“I believe in women; and in their right to their own best possibilities in every department of life. I believe that the methods of dress practiced among women are a marked hindrance to the realization of these possibilities, and should be scorned or persuaded out of society.”
—Elizabeth Stuart Phelps (18441911)
“The philosopher is in advance of his age even in the outward form of his life. He is not fed, sheltered, clothed, warmed, like his contemporaries. How can a man be a philosopher and not maintain his vital heat by better methods than other men?”
—Henry David Thoreau (18171862)
“Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all our pronouncements are cheques drawn on insufficient funds.”
—René Daumal (19081944)
“A temple, you know, was anciently an open place without a roof, whose walls served merely to shut out the world and direct the mind toward heaven; but a modern meeting-house shuts out the heavens, while it crowds the world into still closer quarters.”
—Henry David Thoreau (18171862)
“Knowledge in the form of an informational commodity indispensable to productive power is already, and will continue to be, a majorperhaps the majorstake in the worldwide competition for power. It is conceivable that the nation-states will one day fight for control of information, just as they battled in the past for control over territory, and afterwards for control over access to and exploitation of raw materials and cheap labor.”
—Jean François Lyotard (b. 1924)
“While you continue to grow fatter and richer publishing your nauseating confectionery, I shall become a mole, digging here, rooting there, stirring up the whole rotten mess where life is hard, raw and ugly.”
—Norman Reilly Raine (18951971)