TAILIEUCHUNG - JISC: Learned Society Open Access Business Models

In implementing a programme of privatisation and restructuring, it should be recognised that the restructuring process, if left solely to the market forces, may create substantial unemployment and incur considerable social costs. Supporting a programme of careful restructuring by the creation of new business out of the old, engaging under-utilised assets, with or without an element of public subsidy, may add considerable value to local economies. The experience of the transitional economies in Europe shows the potential for creating small businesses out of large company restructuring. The former Soviet state company Prompribor in Chuvash, Russia was a conglomerate with electrical and electronic devices as its core. | CONFIDENTIAL JISC Learned Society Open Access Business Models By Mary Waltham 184 Springdale Road Princeton NJ 08540 USA e-mail mary@ June 2005 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Contents Page 1. Executive summary 2. Methodology and overview of the publishers in the study 3. Circulation patterns Print and online trends Subscribers Members o Print and Online Institutions o Print and Online Non-Member individuals o Print and Online 4. The journals business What are the costs Trends in cost categories 2002-2004 Where do the journal revenues come from Surplus 5. Open Access experiments What have we learned from the experiments so far Is the Open Access model sustainable 6. Steps towards Open Access Delayed Open Access Hybrid Open Access o What if each of these publishers wanted to make a transition Removing print 7. Conclusions and recommendations Appendices Appendix 1 Information gathering tools Authors and readers template Profit and Loss template Appendix 2 Case Studies of 9 learned society publishers Publisher A Publisher B Publisher C Publisher D Publisher E Publisher F Publisher G Publisher H Publisher I -Il cH ml ml eal Ml CM N N H ỢỊ m ự o cn o 00 H N n Ifi Ĩ-II TH OI IOI001001 OI rd Ĩ-Ì Cl CN ci ci ci ci ci m -e Tf in in in m CONFIDENTIAL CONFIDENTIAL 1. Executive Summary The annual world production of research results as peer-reviewed published articles is increasing from the level estimated to be million articles in 2003 driven by growth in global research funding and in certain disciplines the tendency to produce many more articles to describe one substantive research finding the least publishable unit LPU problem . Individual journal pricing and annual price increases have been driven by a number of economic factors including the increasing numbers of articles and pages published. The selection and production of more edited content drives up the cost of both print and online

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