Who Will Pay For Open Access?
babble123 writes "IEEE is thinking about providing everyone with free access to its publication database (which has saved many a grad student from a trip to the library). The problem is, where will they get the money to fund the journals if not from subscriptions? In this article, they discuss one proposed alternative, 'author-pays,' but they certainly aren't enthusiastic about it, and I don't blame them. And yet, the money has to come from somewhere. Any better ideas?"
This question is hardly unique to the IEEE, all of science publication has been wrestling with these issues for about the last ten years in earnest (esp. since the widespread adoption of the net with viable mechanisms for scientific content delivery (html sucks for equations, but things like pdf make for easy distribution and consumption of papers and paper-like content)). Unfortunately, no good answers have been arrived at that I'm aware of. The professionals in the field want to publish in prestigous journals for their reputations, journals become prestigous in part through extensive peer-review processes and widespread publication, and all that takes time/staff/money. There have been some efforts and opening this process up, spurred by the high costs of institutional subscriptions (like, 20k+ USD per year for some of the chemistry journals I follow :P), but as yet I'm unaware of much adoption because, as mentioned above, an article in "foo.org" is not held in the same weight as one in, say, JACS. It's sort of a self-perpetuating cycle driven by social factors that will be very difficult to fix with technology (esp. given how very set in their ways most of the scientific community is... and I say this as a scientist).
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