New open access journal to pay reviewers and operate on "pay it forward" model | Editage Insights

abernard102@gmail.com 2015-02-13

Summary:

"The University of California Press announced the launch of a new online, open-access journal Collabra, a mega journal created along the lines of PLOS ONE. It will reportedly pair research from faculty in life and biomedical sciences and ecological and environmental sciences with research from faculty in social and behavioral sciences in its initial phase. Collabra has been a topic of much discussion among the academic circle since it is attempting to move away from the conventional model of publication, in that it will pay peer reviewers and editors for their contribution. Uniquely, the journal is based on 'pay it forward' concept i.e. reviewers and editors have the option to accept or to pass along the remuneration they receive either to their local institutions’ OA subvention funds or to Collabra to support its own Article Processing Charges (APC) waiver fund. In an interview, UC Press director Alison Muddit mentioned that 'We wanted to develop a framework that tangibly demonstrates the value of peer review and opens avenues to redistribute that value to the research communities.' Being an open access journal, Collabra will not charge subscription fees, but will charge authors APC after their work is published. The journal is set to charge an APC of $875, of which $625 will go toward the publishing platform, while the rest will be awarded to reviewers and editors. Interestingly, the journal is based on complex algorithm that involves paying reviewers, subsidizing certain research and about $10,000 in seed money that the UC Press has invested for the journal’s launch. The journal relies on the 'pay it forward' model to sustain itself economically once the seed fund runs dry. This is being viewed as a challenge by experts in the industry ..."

Link:

http://www.editage.com/insights/new-open-access-journal-to-pay-reviewers-and-operate-on-pay-it-forward-model

From feeds:

Open Access Tracking Project (OATP) » abernard102@gmail.com

Tags:

oa.new oa.comment oa.u.california oa.gold oa.publishers oa.business_models oa.fees oa.peer_review oa.up oa.journals

Date tagged:

02/13/2015, 16:57

Date published:

02/13/2015, 11:57