The STM Report An overview of scientific and scholarly publishing: Fifth edition, October 2018

peter.suber's bookmarks 2018-10-09

Summary:

"Average publishing costs per article vary substantially depending on a range of factors including rejection rate (which drives peer review costs), range and type of content, levels of editorial services, and others. The average 2010 cost of publishing an article in a subscription-based journal with print and electronic editions was estimated by CEPA to be around £3095 (c. $4,000), excluding non-cash peer review costs. An updated analysis by CEPA in 2018 shows that, in almost all cases, intangible costs such as editorial activities are much higher than tangible ones, such as production, sales and distribution, and are key drivers in per article costs (page 73).

The potential for technology and open access to effect cost savings has been much discussed, with open access publishers such as Hindawi and PeerJ having claimed per article costs in the low hundreds of dollars. A recent rise in PLOS’s per article costs, to $1,500 (inferred from its financial statements), and costs of over £3,000 ($4,000) per article at the selective OA journal eLife call into question the scope for OA to deliver radical cost savings. Nevertheless, with article volumes rising at 4% per annum, and journal revenues at only 2%, further downward pressure on per article costs is inevitable (page 74)....

 Gold open access is sometimes taken as synonymous with the article publication charge (APC) business model, but strictly speaking simply refers to journals offering immediate open access on publication. A substantial fraction of the Gold OA articles indexed by Scopus, however, do not involve APCs but use other models (e.g. institutional support or sponsorship). The APC model itself has become more complicated, with variable APCs (e.g. based on length), discounts, prepayments and institutional membership schemes, offsetting and bundling arrangements for hybrid publications, read-and-publish deals, and so on (page 97)....

It is unclear where the market will set OA publication charges: they are currently lower than the historical average cost of article publication; and charges for full open access articles remain lower than hybrid, though the gap is closing. Calls to redirect subscription expenditures to open access have increased, but the more research-intensive universities and countries remain concerned about the net impact on their budgets (page 101; 139). ...

Recent developments indicate a growing willingness on the part of funders and policymakers to intervene in the STM marketplace, whether by establishing their own publication platforms, strengthening OA mandates or acting to change the incentive structures that drive authors’ publication choices (page 113). ...

Concerns over the impact of Green OA and the role of repositories have receded somewhat, though not disappeared. The lack of its own independent sustainable business model means Green OA depends on its not undermining that of (subscription) journals. The evidence remains mixed, with indications that Green OA can increase downloads and citations being balanced against evidence of the long usage half-life of journal articles and its substantial variation between fields. In practice, however, attention in many quarters has shifted to the potentially damaging impact of Social Collaboration Networks (SCNs) and pirate websites on subscriptions (pages 114; 174). ..." 

Link:

https://www.stm-assoc.org/2018_10_04_STM_Report_2018.pdf

From feeds:

Open Access Tracking Project (OATP) » peter.suber's bookmarks
Open Access Tracking Project (OATP) » infodocketGARY's bookmarks

Tags:

oa.new oa.stm-assoc oa.publishers oa.statistics oa.business_models oa.costs oa.publishing oa.recommendations oa.mandates oa.gold oa.green oa.fees oa.hybrid oa.offsets oa.no-fee oa.uk-scl oa.policies.funders oa.policies.universities oa.repositories oa.hei oa.policies oa.journals oa.universities oa.funders oa.rights-retention

Date tagged:

10/09/2018, 12:32

Date published:

10/09/2018, 09:52