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Selling the right to cite : a citation based funding scheme for high-profile, non-commercial publishers to operate profitable in a "semi" Open Access environment

Schneider, Markus (2004) Selling the right to cite : a citation based funding scheme for high-profile, non-commercial publishers to operate profitable in a "semi" Open Access environment.

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Abstract

How can a prestigious, academic journal offer immediate, free access rights to all its post-prints while at the same time being able to generate sufficient revenues to be profitable on a lasting basis?

The paper addresses this important question and proposes a citation based funding scheme for existing, non-commercial, prestigious journals. Such a funding scheme could - in combination with the currently applied peer review charging model - give this specific group of high quality journals not only an economic incentive to offer free access to their post-prints and to operate profitably on a lasting basis, but it would also lower the costs for the individual author/citer to reasonable levels and link the economic to the academic value of a post-print.

The paper outlines the proposal, shows its advantages over the current peer-review charge model and discusses the main objections against such a citation based funding scheme. The paper concludes that there are various advantages of the citation based funding model and argues that - especially due to the lack of economic thinking in academia and to the lack of institutional pressure to omit citations - a "pay-to-cite" business model is not as abstruse as it looks at first sight.

Keywords:citation business model, Open Access, citation based funding scheme, right to cite
Subjects:I. Information treatment for information services
ID Code:1365
Deposited By:Schneider, Markus
Deposited On:03 May 2004
All fields:Show all fields

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Steve Hitchcock et al, 2002 "Open Citation Linking: The Way Forward", D-Lib Magazine October 2002 volume 8, number 10 and at http://opcit.eprints.org/dl00/dl00.html/, accessed 30 April 2004.

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