Economic Issues in Shifting Publication Risk in Academic Publishing
In the traditional model for academic publishing economic risk is primarily assumed by the scholarly press, or academic publisher. This paper explores shifting the risk from academic publishers to author-managed publishing. An investigation of the benefits and drawbacks to the major stakeholders (scholarly presses, universities, academics, granting agencies, and the academic community at large) is provided. The paper explores quality concerns related to the shift in risk. It also examines issues related to scheduling and workflow, and looks at when and how peer review is conducted as economic risk is shifted from publisher to author.
Keywords: Academic Publishing, Scholarly Publishing, Vanity Press, Granting Agency, Monograph, Fixed Return, Economic Efficiency, Economic risk, Press
M. Gillian Mothersill
Associate Professor, School of Graphic Communications Management, Ryerson University
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Ref: B06P0106