Read on Twitter
We should remember that "journals are, in their core functions, researcher‐driven enterprises"
1/n https://onlinelibrary.wiley.com/doi/10.1111/dech.12635
1/n https://onlinelibrary.wiley.com/doi/10.1111/dech.12635
One aspect I've never seen addressed in the context of open access / Plan S is that of industrial research.
Largely that's due to the small percentage of articles published by industrials, a percentage that will surely decrease further due to APCs.
2/n
Largely that's due to the small percentage of articles published by industrials, a percentage that will surely decrease further due to APCs.
2/n
It's already difficult to achieve permission to publish. A need to pay APCs would push that hurdle even higher, thereby driving even lower industrial publication rates.
3/n
3/n
I'm also interested in the financial implications in that industrial researchers "read, but don't publish" as the adage goes.
Our subscription rates are higher than those of academia, which says to me that APCs would necessarily increase to offset that loss of income.
4/n
Our subscription rates are higher than those of academia, which says to me that APCs would necessarily increase to offset that loss of income.
4/n
We should also consider that within chemistry we have a history of society publications, as pointed out by Kamerlin, et al.
5/n
5/n
Within the ACS for example, there are 2 large sources of income - @ACSPublications and @CASChemistry. Together, they provide 90% of income to the society.
Even calculating after subtracting their expenses, they still provide 70% of ACS income.
https://www.acs.org/content/dam/acsorg/about/aboutacs/financial/2019-audited-financial-statements.pdf
6/n
Even calculating after subtracting their expenses, they still provide 70% of ACS income.
https://www.acs.org/content/dam/acsorg/about/aboutacs/financial/2019-audited-financial-statements.pdf
6/n
Dues and meeting fees are small contributions overall.
That income is then used to pay for society activities - advancement, awards, etc.
So, any diminution of funds into the society would need a decrease in benefits or increases in dues, etc.
7/n
That income is then used to pay for society activities - advancement, awards, etc.
So, any diminution of funds into the society would need a decrease in benefits or increases in dues, etc.
7/n
Situation is slightly different in Britain at the RSC due to a different governmental funding model, but journals are >90% of total income, and >80% of income after adjustment for expenses.
https://www.rsc.org/globalassets/02-about-us/corporate-information/trustees_report_2019.pdf
8/n
https://www.rsc.org/globalassets/02-about-us/corporate-information/trustees_report_2019.pdf
8/n
So, we as researchers need to ensure that our societies remain funded as we transition to an open access world.
Essentially, our publishing fees pay for other activities in our own communities.
9/n
Essentially, our publishing fees pay for other activities in our own communities.
9/n
Due to the prevalence of high-quality society owned journals in chemistry, of my 33 articles, only 5 are in non - society journals.
All 5 are in Elsevier owned journals, primarily in the well-regarded catalysis titles that were, until 2009, the primary option in catalysis.
n/n
All 5 are in Elsevier owned journals, primarily in the well-regarded catalysis titles that were, until 2009, the primary option in catalysis.
n/n
