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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/

Emerging Business Models for Scholarly Journals: The Library Perspective

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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/. - PowerPoint PPT Presentation

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Page 1: Emerging Business Models for Scholarly Journals: The Library  Perspective

Emerging Business Models for Scholarly Journals: The Library Perspective

Lisa GoddardMemorial University Libraries

June 2nd, 2013 • Victoria, BCCanadian Association of Learned Journals

Congress of the Humanities and Social Sciences 2013http://research.library.mun.ca/1746/

Page 2: Emerging Business Models for Scholarly Journals: The Library  Perspective

Terms: Green vs. Gold

OA Journals

• Immediate global access to content

• May have APCs

OA Repositories

• Subscription journals

• Author self-archiving• May have embargo

Page 3: Emerging Business Models for Scholarly Journals: The Library  Perspective

Legislative Environment

Page 4: Emerging Business Models for Scholarly Journals: The Library  Perspective

Government Policy - US

Page 5: Emerging Business Models for Scholarly Journals: The Library  Perspective

Government Policy - UK

Page 6: Emerging Business Models for Scholarly Journals: The Library  Perspective

International Policy

Page 7: Emerging Business Models for Scholarly Journals: The Library  Perspective

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

Page 8: Emerging Business Models for Scholarly Journals: The Library  Perspective

SSHRC

Page 9: Emerging Business Models for Scholarly Journals: The Library  Perspective

Tri-Council Policies

Page 10: Emerging Business Models for Scholarly Journals: The Library  Perspective

Green OA Models

Page 11: Emerging Business Models for Scholarly Journals: The Library  Perspective

Research Repository

Page 12: Emerging Business Models for Scholarly Journals: The Library  Perspective

Download Stats

Page 13: Emerging Business Models for Scholarly Journals: The Library  Perspective

Alt-Metrics

Page 14: Emerging Business Models for Scholarly Journals: The Library  Perspective

Green OA Growth

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

Page 15: Emerging Business Models for Scholarly Journals: The Library  Perspective

Licensing

Page 16: Emerging Business Models for Scholarly Journals: The Library  Perspective

Self-Archiving Post-Prints

Page 17: Emerging Business Models for Scholarly Journals: The Library  Perspective

MLA Self-Archiving Policy

Page 18: Emerging Business Models for Scholarly Journals: The Library  Perspective

Self-Archiving Publisher PDF

Page 19: Emerging Business Models for Scholarly Journals: The Library  Perspective

Self-Archiving Policies

Page 20: Emerging Business Models for Scholarly Journals: The Library  Perspective

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

Page 21: Emerging Business Models for Scholarly Journals: The Library  Perspective

Gold “Hybrid” Models

Page 22: Emerging Business Models for Scholarly Journals: The Library  Perspective

Hybrid OA

Page 23: Emerging Business Models for Scholarly Journals: The Library  Perspective

Transparent Pricing

Page 24: Emerging Business Models for Scholarly Journals: The Library  Perspective

OA Vouchers

Page 25: Emerging Business Models for Scholarly Journals: The Library  Perspective

Free OA for Subscribers

Page 26: Emerging Business Models for Scholarly Journals: The Library  Perspective

Delayed OA

Page 27: Emerging Business Models for Scholarly Journals: The Library  Perspective

Why Hybrid?

• Collect subscriptions and APCs

• Provide an author pays option for funded researchers

• Add value for subscribers

• OA transition strategy

Page 28: Emerging Business Models for Scholarly Journals: The Library  Perspective

Serials Expenditures

Page 29: Emerging Business Models for Scholarly Journals: The Library  Perspective

Bundled Pricing

• Pricing at bundle level

• Difficult for libraries to control pricing

• Unbundled journals are vulnerable

Page 30: Emerging Business Models for Scholarly Journals: The Library  Perspective

Scholarly Societies

For scholarly societies, the status quo is not a good alternative. Doing nothing is a failing strategy.

- Shieber, 2013

Page 31: Emerging Business Models for Scholarly Journals: The Library  Perspective

Gold OA Models

Page 32: Emerging Business Models for Scholarly Journals: The Library  Perspective

Gold OA Journal Growth

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 20110

10002000300040005000600070008000

Number of OA Journals 2000-2011 Approximately 10 - 12% of academic journals are Gold OA.

Page 33: Emerging Business Models for Scholarly Journals: The Library  Perspective

OA Growth by Publisher Type

Page 34: Emerging Business Models for Scholarly Journals: The Library  Perspective

Gold OA w/ APC

Page 35: Emerging Business Models for Scholarly Journals: The Library  Perspective

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

Page 36: Emerging Business Models for Scholarly Journals: The Library  Perspective

Author Processing Charges

OA Journals with APC OA Journals without APC0

500

1000

1500

2000

2500

3000

OA Journals 2011

OA Articles with APC OA Articles without APC0

20000400006000080000

100000120000140000160000

OA Articles 2011

- Laakso and Björk (2012)

Page 37: Emerging Business Models for Scholarly Journals: The Library  Perspective

OA Mega Journals

Page 38: Emerging Business Models for Scholarly Journals: The Library  Perspective

All You Can Publish

Page 39: Emerging Business Models for Scholarly Journals: The Library  Perspective

Low Fee SSH Journal

Page 40: Emerging Business Models for Scholarly Journals: The Library  Perspective

Library Support for Gold OA

Page 41: Emerging Business Models for Scholarly Journals: The Library  Perspective

OA Funds in Canada

• U Toronto• Queen’s• U Calgary• SFU• Concordia• Brock• U Manitoba

• Ottawa U• Ryerson• U Victoria• York• Memorial• U Sask

Page 42: Emerging Business Models for Scholarly Journals: The Library  Perspective

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.

Page 43: Emerging Business Models for Scholarly Journals: The Library  Perspective

APCs

• Avoids problem of bundles

• One time cost

• Broader access = higher value

• Costs linked to institutional output

Page 44: Emerging Business Models for Scholarly Journals: The Library  Perspective

OA Memberships

$3000/yr unlimited publishing

No discount, but direct quarterly invoicing.

10% discount and direct invoicing.

$5000 pre-pay

10 articlepre-pay @ $99 ea

Page 45: Emerging Business Models for Scholarly Journals: The Library  Perspective

SCOAP3

Page 46: Emerging Business Models for Scholarly Journals: The Library  Perspective

OA Journal Hosting

Page 47: Emerging Business Models for Scholarly Journals: The Library  Perspective

Digitization of Paper Run

Page 48: Emerging Business Models for Scholarly Journals: The Library  Perspective

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

Page 49: Emerging Business Models for Scholarly Journals: The Library  Perspective

Thank you. Questions?

Lisa [email protected]

http://research.library.mun.ca/1746/