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Emerging Business Models for Scholarly Journals: The Library Perspective

Emerging Business Models for Scholarly Journals: The Library Perspective. Lisa Goddard Memorial University Libraries June 2 nd , 2013 • Victoria, BC Canadian Association of Learned Journals Congress of the Humanities and Social Sciences 2013 http:// research.library.mun.ca /1746/.

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Emerging Business Models for Scholarly Journals: The Library Perspective

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  1. Emerging Business Models for Scholarly Journals: The Library Perspective Lisa Goddard Memorial University Libraries June 2nd, 2013 • Victoria, BC Canadian Association of Learned Journals Congress of the Humanities and Social Sciences 2013 http://research.library.mun.ca/1746/

  2. Terms: Green vs. Gold OA Journals • Immediate global access to content • May have APCs OA Repositories • Subscription journals • Author self-archiving • May have embargo

  3. Legislative Environment

  4. Government Policy - US

  5. Government Policy - UK

  6. International Policy

  7. Canadian OA Mandates • Canadian Institutes of Health Research • National Research Council • International Development Research Centre • Ontario Institute of Cancer Research • Fonds de recherche du Québec • Canadian Health Services Research Foundation • Heart and Stroke Foundation

  8. SSHRC

  9. Tri-Council Policies

  10. Green OA Models

  11. Research Repository

  12. Download Stats

  13. Alt-Metrics

  14. Green OA Growth 62% of 1250 publishers in Sherpa/Romeo allow the archiving of post-prints or publisher PDFs.

  15. Licensing

  16. Self-Archiving Post-Prints

  17. MLA Self-Archiving Policy

  18. Self-Archiving Publisher PDF … …

  19. Self-Archiving Policies

  20. Why Green OA? • Keep current business model • Comply with funding agency mandates • Increase visibility of articles • Increase number of citations • Make authors happy • Long term preservation

  21. Gold “Hybrid” Models

  22. Hybrid OA

  23. Transparent Pricing

  24. OA Vouchers

  25. Free OA for Subscribers

  26. Delayed OA

  27. Why Hybrid? • Collect subscriptions and APCs • Provide an author pays option for funded researchers • Add value for subscribers • OA transition strategy

  28. Serials Expenditures

  29. Bundled Pricing • Pricing at bundle level • Difficult for libraries to control pricing • Unbundled journals are vulnerable

  30. Scholarly Societies For scholarly societies, the status quo is not a good alternative. Doing nothing is a failing strategy. - Shieber, 2013

  31. Gold OA Models

  32. Gold OA Journal Growth Approximately 10 - 12% of academic journals are Gold OA.

  33. OA Growth by Publisher Type

  34. Gold OA w/ APC

  35. Author Processing Charges • Avg APC in 2010 = $905 • Range = $8 - $3900 Higher = commercial publisher, high impact factor, biomedicine Lower = scholarly societies, developing countries, SSH - Solomon & Bjork, 2012

  36. Author Processing Charges - Laaksoand Björk (2012)

  37. OA Mega Journals

  38. All You Can Publish

  39. Low Fee SSH Journal

  40. Library Support for Gold OA

  41. OA Funds in Canada • U Toronto • Queen’s • U Calgary • SFU • Concordia • Brock • U Manitoba • Ottawa U • Ryerson • U Victoria • York • Memorial • U Sask

  42. OA Fund @ Memorial • $55 000 spent in FY 2013/14. • Faculty and graduate students ($3000/yr). • Max $3000 per article. • Gold OA only (no hybrid). • Publisher invoices library directly.

  43. APCs • Avoids problem of bundles • One time cost • Broader access = higher value • Costs linked to institutional output

  44. OA Memberships $3000/yr unlimited publishing No discount, but direct quarterly invoicing. 10 article pre-pay @ $99 ea 10% discount and direct invoicing. $5000 pre-pay

  45. SCOAP3

  46. OA Journal Hosting

  47. Digitization of Paper Run

  48. What Can You Do? • Delayed OA • Free OA for subscribers • Gold OA • Library hosting & digitization • Develop a self-archiving policy • Submit your policy to Sherpa/Romeo

  49. Thank you. Questions? Lisa Goddard lgoddard@mun.ca http://research.library.mun.ca/1746/

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