3 ms·
> we are entering a new period of transition I certainly hope so. I cannot for the life of me understand the economics of academic journals. They do a bit of e
by TillE 16y ago
> we are entering a new period of transition
I certainly hope so. I cannot for the life of me understand the economics of academic journals. They do a bit of editing and send out the papers for peer review. And that's about it, right? Where's all the money going?
"Curators" are important, certainly. I want respected people to select articles worthy of publication. I don't want them to then lock those articles up where they're only accessible to academics and those willing to pay obscene fees for individual access.
- impendia 16y agoYou claim not to understand, but I strongly suspect that you have correctly figured out exactly where all the money's going.
- AJ007 16y agoVia wikipedia - http://en.wikipedia.org/wiki/Architectural_Press http://en.wikipedia.org/wiki/Architectural_Press "In revenue, Elsevier accounts for 28% of the Reed Elsevier group (₤1.5b of 5.4 billions in 2006). In operating profits, it represents a bigger fraction of 44% (₤395 of 880 millions).[3] Adjusted operating profits have risen by 10% between 2005 and 2006." This is not the only industry where education oriented companies account for a disproportionate percentage of the parent company's profits (hint: The Washington Post's Kaplan.)