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Wellcome Trust report, FT article, on costs of scientific publishing
- To: <liblicense-l@lists.yale.edu>
- Subject: Wellcome Trust report, FT article, on costs of scientific publishing
- From: "Alison Macdonald" <alison.macdonald@britishlibrary.net>
- Date: Fri, 30 Apr 2004 13:44:51 EDT
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More on scientific publishing cost .... The Wellcome Trust has just published a report commissioned by it, "Costs and business models of scientific publishing" (URL below). ... perfectly timed for a rainy holiday week-end in the UK! Today's Financial Times (30th April 2004) carries an article* by Dr. Mark Walport, a director of the Wellcome Trust, heralding the report: "A report launched today by the Wellcome Trust, available to everyone [!] at www.wellcome.ac.uk/publications shows that publishing a paper in the traditional way costs between �800 and �1,500. Under open access, the cost is �550 to �1,100. The report shows this is an efficient, affordable and high quality model sustainable for the long term." The FT article is an outline of the scientific publishing/open access debate. A few extracts below - if readers want to see the full article, please let me know. The Wellcome Trust is anxious that "the new knowledge the research [funded by public or charitable funds] brings must be made widely available for maximum impact". While acknowledging benefits of the current journal system (peer review, selection, promotion of important articles in editorials), Dr. Walport also sees problems and anomaly: "The [scientific publishing] market is largely invisible to the providers and users of research. Researchers and peer reviewers neither make nor receive payment. Readers are unaware of comparative subscription costs of different journals. "Meanwhile, the subscription costs have risen by much more than inflation. Some publishers acquire groups of journals and sell them electronically to libraries in a single package. This poses a new problem for libraries. Paper copies of journals reside on shelves for ever, but the content of journals bought online may be available only for the lifetime of the subscription. "Another issue is that once copyright is surrendered, anyone wanting to look at that research in the future, including the researchers and the body that funded them, must pay whether they read the paper journals or access them online. Thus, the Wellcome Trust, which funds �400m of research a year, is denied opportunities to disseminate the results of studies it funds." Alison Macdonald Digital Archiving Consultancy Twickenham UK
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