Exploring open access publishing opportunities | Exchanges

"Open access is on the rise – Simba Information predicts that total revenues collected from open access journals will be $299.4 million in 2014, a 23.6% increase from 2013. Growth to $440 million is expected by 2017.  This revenue stream is a bright spot against a flat market. While STM journal revenue is expected to increase at a compound annual rate of 1-2% between 2011 and 2017, open access revenue is expected to more than triple. According to DOAJ there are now 9,993 open access journals.  That’s a lot of journals.  Societies and editors may wonder about launching new open access journals, but is adding more journals to an overcrowded space the right thing to do?  Each journal launched is a financial liability, as a new journal will incur editorial and setup costs of both time and money. At Wiley we work closely with our society and editorial partners on developing strategies to deliver sustainable open access options that focus on meeting the needs of their members.  We have devised a clear process to help our partners come to an informed decision about the best open access opportunities for them. So what are those opportunities? ..."