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:
“All men are equally proud. The only difference is that not all take the same methods of showing it.”
—François, Duc De La Rochefoucauld (1613–1680)
“It would be some advantage to live a primitive and frontier life, though in the midst of an outward civilization, if only to learn what are the gross necessaries of life and what methods have been taken to obtain them.”
—Henry David Thoreau (1817–1862)
“The intelligent have a right over the ignorant, namely, the right of instructing them. The right punishment of one out of tune, is to make him play in tune; the fine which the good, refusing to govern, ought to pay, is, to be governed by a worse man; that his guards shall not handle gold and silver, but shall be instructed that there is gold and silver in their souls, which will make men willing to give them every thing which they need.”
—Ralph Waldo Emerson (1803–1882)
“The young women, what can they not learn, what can they not achieve, with Columbia University annex thrown open to them? In this great outlook for women’s broader intellectual development I see the great sunburst of the future.”
—M. E. W. Sherwood (1826–1903)
“Whilst the rights of all as persons are equal, in virtue of their access to reason, their rights in property are very unequal. One man owns his clothes, and another owns a country.”
—Ralph Waldo Emerson (1803–1882)
“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 (1895–1971)