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A crisis in academic publishing is "widely perceived"; [24] the apparent crisis has to do with the combined pressure of budget cuts at universities and increased costs for journals (the serials crisis). [25] The university budget cuts have reduced library budgets and reduced subsidies to university-affiliated publishers.
Different academic publishers have widely varying levels of fees, from under $100 to over $5000, and even sometimes as high as €9500 ($10851) for the journal Nature. [1] [15] [16] [17] Meanwhile, an independent study indicated that the actual costs of efficiently publishing a scholarly article should be in the region of €200–€1000. [18]
At the same time, the revenue for most subscription journals is about $4,000 per article. That study estimated the average profit margin of academic journal publishers at ca. 55%. [11] In a free market, such a high profit margin should have attracted numerous competing publishers.
A university press is an academic publishing house specializing in monographs and scholarly journals. They are often an integral component of a large research university. They publish work that has been reviewed by scholars in the field. [2] They produce mainly academic works but also often have trade books for a lay audience.
Tausch, A. (2011). On the Global Impact of Selected Social-Policy Publishers in More Than 100 Countries. Journal of Scholarly Publishing, 42(4), 476–513. Tausch, A. (2018). The Market Power of Global Scientific Publishing Companies in the Age of Globalization: An Analysis Based on the OCLC Worldcat (June 16, 2018).
Concerns have also been raised about whether such a model can support increased subscription and financial growth for publishers, whether the model will be vulnerable to rapid changes and budget pressures, [15] [3] how to access publishing support from funding bodies, the potential to launch new journals, [8] and the type of metrics that would ...
Academic journal publishing reform is the advocacy for changes in the way academic journals are created and distributed in the age of the Internet and the advent of electronic publishing. Since the rise of the Internet, people have organized campaigns to change the relationships among and between academic authors, their traditional distributors ...
Logo of the campaign. The Cost of Knowledge is a protest by academics against the business practices of academic journal publisher Elsevier.Among the reasons for the protests were a call for lower prices for journals and to promote increased open access to information.
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