Five for-profit companies control more than 50% of academic publishing - Quartz

abernard102@gmail.com 2015-07-06

Summary:

"For anyone in the publishing industry looking to get rich quick—or, at the very least, turn a profit—the secret to success is in academic publishing. Or, to be more exact, the five for-profit academic publishers that now control more than half of the science research produced worldwide. According to a new study by researchers at the University of Montreal, 53% of all published research papers in 2013 in the natural and medical sciences were produced by just five publishing companies. That’s up from the 20% that the top five publishers controlled 40 years earlier, in 1973. The economics are wildly favorable for the publishers, who essentially take the free labor of academics and researchers (the authors and peer-reviewers of scholarly work are unpaid for their contributions), and sell it back to the universities that employ these authors, often at a very high cost ..."

Link:

http://qz.com/441305/five-for-profit-companies-control-more-than-50-of-academic-publishing/

From feeds:

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

Tags:

oa.new oa.comment oa.publishers oa.business_models oa.economics_of

Date tagged:

07/06/2015, 15:52

Date published:

07/06/2015, 11:52