The Economics of Open Access: Ensuring Sustainable Publishing

Open Access (OA) publishing, grounded in the principle of democratizing scholarly literature, aims to facilitate an unhindered exchange of academic insights. Given that much academic research is funded by public resources, OA advocates argue that the findings of such studies should be universally accessible, not merely to those who can afford hefty subscription fees. However, this noble intention necessitates a sturdy economic underpinning. Various financial models support OA publishing, each with its unique benefits and challenges, thus, creating a diverse and dynamic ecosystem.