(insidehighered.com): It has been more than a year since five leading research universities agreed to establish “timely” mechanisms for paying the publication fees for faculty who decide to publish in open-access journals. The goal is to eventually lure journals away from a subscriber-based model that limits access to articles and costs libraries a fortune. Open-access journals eliminate the steep prices of print, but their growth has been limited by the absence of a revenue stream to support the costs associated with peer review. The idea that top universities might help subsidize these costs was seen by some as a key step toward creating a revenue stream to replace subscriber fees.
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