Economic and Social Returns on Investment in Open Archiving Publicly Funded Research Outputs (SPARC)

"The Scholarly Publishing and Academic Resources Coalition (SPARC) provided support for a feasibility study, to outline one possible approach to measuring the impacts of the proposed US Federal Research Public Access Act (FRPAA) on returns to public investment in R&D. The aim is to define and scope the data collection requirements and further model developments necessary for a more robust estimate of the likely impacts of the proposed FRPAA open archiving mandate. The study was authored by John Houghton with Bruce Rasmussen and Peter Sheehan of the Centre for Strategic Economic Studies at Victoria University. Preliminary modeling suggests that over a transitional period of 30 years from implementation, the potential incremental benefits of the proposed FRPAA archiving mandate might be worth around 8 times the costs. Perhaps two-thirds of these benefits would accrue within the US, with the remainder spilling over to other countries. Hence, the US national benefits arising from the proposed FRPAA archiving mandate might be of the order of 5 times the costs...."