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How did Elsevier acquire the wierd position it is in? What added value does Elsevier provide?
by hetspookjee 9y ago
How did Elsevier acquire the wierd position it is in? What added value does Elsevier provide?
- nomercy400 9y agoAdded value: Reputation. You get your paper published in an Elsevier journal, your reputation amongst you peers rises. Usually this means more funding and better career prospects. Think similar to Fitch and Moody's in the financial sector (right?).
- tankenmate 9y ago1) Largely through mergers and acquisitions 2) Network effect (although with newer technology (social media, cheap hosting, cheaper devops, etc) this value is dropping precipitously)
- JMCQ87 9y agoThey bought up a bunch of academic journals. Added value is arguably negligible now, but some of the publications have the highest profile in their fields for years.
- twanvl 9y agoBefore the internet, publishers actually printed journals on actual paper. This cost a lot of money, and it makes sense that universities payed for subscriptions to physical journals. Today, the cost of these subscriptions hasn't changed much. But the added value is much less since everyone reads papers online.
- Vinnl 9y agoIf you're really interested, The Guardian recently did a very good longread on it: https://www.theguardian.com/education/2017/jul/10/the-lucrative-business-of-science-publishing https://www.theguardian.com/education/2017/jul/10/the-lucrat...