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RE: NFP publishing
David Prosser says "...versions of papers may exist in other
repositories, but publishers add unique value do they not?
Surely, if that value is valuable readers will come to
publishers' sites and if the readers match the profile demanded
by potential advertisers then those advertisers will advertise."
I'm afraid this may indicate a rather fundamental
misunderstanding of what the added value of a publisher actually
is. Sure, there is often some functionality benefit if one goes
to the publisher's site instead of to a repository, but that's
only a small part of the added value. The real value lies in all
the processes that make an article from an informal piece of work
(which can of course easily be communicated with complete OA
without even involving publishers or journals) into an official,
formal publication. That added value of formalising which was in
essence 'grey' literature before, is a value that is condensed
into the metadata (journal title, unique reference, etc) of a
published article, and that metadata accompanies the article when
it is deposited in a repository and is thus not exclusive to a
publisher's site.
This self-archiving is allowed by many publishers, knowing - or
counting on, in any event - the usually chaotic and anarchic
nature of the academic community. When, or if, widespread
repository depositing starts to undermine publishers'
possibilities to financially support their journal operations,
they are likely to review the policy of allowing it. They would
be obliged to do that, of course, for the sake of all their
stakeholders, such as their personnel, members (society
publishers), and yes, their share-holders. (The latter, of
course, do include funding agencies who rely on a well-performing
share portfolio to sustain their grant-giving levels and also
pensionfunds, which many in the academic community will want to
draw on in old age.)
The picture is a bit more complicated and intertwined than David
seems to make out. An 'author-side' paid open access publishing
model may be a good way to 'save the goat and the cabbage' and
sustain journals whilst making repository deposits entirely
compatible with formal publishing.
Jan Velterop