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Is Open Access financially viable and does it achieve wider dissemination?. Martin Richardson Managing Director Oxford Journals. Our experiments are designed to discover whether Open Access models can achieve wider, more cost effective dissemination than subscription-based models
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Is Open Access financially viable and does it achieve wider dissemination? Martin Richardson Managing Director Oxford Journals Society for Endocrinology Meeting, March 2007
Our experiments are designed to discover whether Open Access models can achieve wider, more cost effective dissemination than subscription-based models But in order to be widely adopted Open Access models will also need to be financially viable and accepted by authors and research funders Why we are experimenting with Open Access Society for Endocrinology Meeting, March 2007
The need to collect real data on: Effect of OA on usage Financial sustainability Author response An evidence-based approach Society for Endocrinology Meeting, March 2007
Optional open access – Oxford Open Full open access – Nucleic Acids Research Sponsored Open Access –Evidence Based Alternative & Complementary Medicine Open Access – three financial models Society for Endocrinology Meeting, March 2007
54 Journals participating across a broad range of subjects Author charges £800/£1500 depending on whether author based at subscribing institution Subscription prices to be adjusted in proportion to % of pages published OA in prior year Model 1: Optional Open Access Society for Endocrinology Meeting, March 2007
Author charge of £1250 per paper Discounted charge of 50% for authors from institutions with “institutional membership” Institutional membership rate = £1900 Free or reduced rates for authors from developing countries Waivers available for other authors in case of financial hardship Model 2: Full Open Access Society for Endocrinology Meeting, March 2007
New Journal launched 2004 High proportion of authors from developing countries More than 50% non-research articles Model 3: Sponsored Open Access Society for Endocrinology Meeting, March 2007
Print version sold on subscription Online version Open Access for 2004-7 No author charges Fixed costs covered by sponsorship grant From 2008, will move to subscription-based model for non-research articles Author charges may be introduced in the future Model 3: Sponsored Open Access Society for Endocrinology Meeting, March 2007
Do authors want OA? Oxford Open uptake 2006 Society for Endocrinology Meeting, March 2007
NAR: Daily article views for 2003-2005 Does OA increase usage? Source: Ciber study, 2006 Society for Endocrinology Meeting, March 2007
600 All articles - 1st 12 months 21s 500 21oa 400 22s Mean access per article 300 22oa 200 100 0 -1 0 1 2 3 4 5 6 7 8 9 10 11 12 Months after publication Does OA increase usage? Bioinformatics: downloads Source: LISU Survey 2006 Society for Endocrinology Meeting, March 2007
Is OA financially viable? NAR: Income per article Society for Endocrinology Meeting, March 2007
Nucleic Acids Research Sources of funding for paying OA charges Society for Endocrinology Meeting, March 2007
When given the choice, most authors decide not to take up OA option if asked to pay OA seems to generate additional access, but the amount is variable from journal to journal OA does not yet seem to be financially viable without some kind of subsidy Some Tentative Conclusions….. Society for Endocrinology Meeting, March 2007
CIBER - Usage analysis of journals participating in Oxford Open with uptake of 10% or more LISU - Usage/citation analysis of NAR, Bioinformatics and Journal of Experimental Botany. OUP - Continue to monitor financial impact of different OA models. Experimenting with Open Access: Next Steps Society for Endocrinology Meeting, March 2007
Description of Oxford Journals OA models, FAQ’s and titles participating www.oxfordjournals.org/oxfordopen/ Report of one-day conference presenting results of Oxford OA experiments www.oxfordjournals.org/news/oa_report.pdf CIBER/UCL Centre for Publishing www.publishing.ucl.ac.uk/research.html LISU www.lboro.ac.uk/departments/dils/lisu/index.html Further Information Society for Endocrinology Meeting, March 2007
For further information, please contact Martin Richardson Managing Director Tel: +44 (0) 1865 353780 Fax: +44 (0) 1865 353200