The latest very useful STM Report cites more than $1.6 trillion spent each year by research funders. Since funders use journal output to evaluate the outcomes of their investments, they are urging publishers to collect more, granular, and structured manuscript data. Funders are also pushing for more (open) access to manuscripts and underlying data.
Last month, a report released by Research Consulting estimated the administrative cost to institutions for making articles OA via the gold route: around $130 per article (does not include publisher-side administrative costs). As OA activity increases, the research ecosystem needs to implement more streamlined and cost effective workflows.
Aries Vice President of Sales and Marketing, Richard Wynne participates as a guest on the Copyright Clearance Center’s “Beyond the Book” podcast to discuss Open Access with Chris Kenneally of the CCC, and industry consultant Joe Esposito. Listen here.
The world is changing. For example, 23% of libraries now cover APCs for author submissions to OA journals. Discounted APC pricing based on institutional affiliation is becoming common.