The political economy of academic publishing: On the commodification of a public good.

This paper provides an institutional and empirical analysis of the highly concentrated market of academic publishing, characterized by over proportionally high profit margins for publishing companies. The availability of latest research findings is an important issue for researchers, universities an...

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Autores principales:	Stephan Puehringer, Johanna Rath, Teresa Griesebner
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/183fa1e5ab0948daabd0f34dc65c795e
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id	oai:doaj.org-article:183fa1e5ab0948daabd0f34dc65c795e
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spelling	oai:doaj.org-article:183fa1e5ab0948daabd0f34dc65c795e2021-12-02T20:10:30ZThe political economy of academic publishing: On the commodification of a public good.1932-620310.1371/journal.pone.0253226https://doaj.org/article/183fa1e5ab0948daabd0f34dc65c795e2021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0253226https://doaj.org/toc/1932-6203This paper provides an institutional and empirical analysis of the highly concentrated market of academic publishing, characterized by over proportionally high profit margins for publishing companies. The availability of latest research findings is an important issue for researchers, universities and politicians alike. Open access (OA) publication provides a promising but also costly solution to overcome this problem. However, in this paper we argue that OA publication costs are an important, but by far not the only way for academic publishers to gain access to public funding. In contrast, our study provides a comprehensive overview of the channels through which public expenditure benefits big academic publishing companies. Furthermore, we offer the results of an explorative case study, where we estimate the annual financial flows of public expenditures in Austria for the field of social sciences. In all, these expenditures add up to about 66.55 to 103.2 million € a year, which amounts to a fourth of total public funding for this field. Against this background, we contribute to the debate whether and to what extent public subsidies are justified for economically successful companies.Stephan PuehringerJohanna RathTeresa GriesebnerPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 6, p e0253226 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Stephan Puehringer Johanna Rath Teresa Griesebner The political economy of academic publishing: On the commodification of a public good.
description	This paper provides an institutional and empirical analysis of the highly concentrated market of academic publishing, characterized by over proportionally high profit margins for publishing companies. The availability of latest research findings is an important issue for researchers, universities and politicians alike. Open access (OA) publication provides a promising but also costly solution to overcome this problem. However, in this paper we argue that OA publication costs are an important, but by far not the only way for academic publishers to gain access to public funding. In contrast, our study provides a comprehensive overview of the channels through which public expenditure benefits big academic publishing companies. Furthermore, we offer the results of an explorative case study, where we estimate the annual financial flows of public expenditures in Austria for the field of social sciences. In all, these expenditures add up to about 66.55 to 103.2 million € a year, which amounts to a fourth of total public funding for this field. Against this background, we contribute to the debate whether and to what extent public subsidies are justified for economically successful companies.
format	article
author	Stephan Puehringer Johanna Rath Teresa Griesebner
author_facet	Stephan Puehringer Johanna Rath Teresa Griesebner
author_sort	Stephan Puehringer
title	The political economy of academic publishing: On the commodification of a public good.
title_short	The political economy of academic publishing: On the commodification of a public good.
title_full	The political economy of academic publishing: On the commodification of a public good.
title_fullStr	The political economy of academic publishing: On the commodification of a public good.
title_full_unstemmed	The political economy of academic publishing: On the commodification of a public good.
title_sort	political economy of academic publishing: on the commodification of a public good.
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/183fa1e5ab0948daabd0f34dc65c795e
work_keys_str_mv	AT stephanpuehringer thepoliticaleconomyofacademicpublishingonthecommodificationofapublicgood AT johannarath thepoliticaleconomyofacademicpublishingonthecommodificationofapublicgood AT teresagriesebner thepoliticaleconomyofacademicpublishingonthecommodificationofapublicgood AT stephanpuehringer politicaleconomyofacademicpublishingonthecommodificationofapublicgood AT johannarath politicaleconomyofacademicpublishingonthecommodificationofapublicgood AT teresagriesebner politicaleconomyofacademicpublishingonthecommodificationofapublicgood
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The political economy of academic publishing: On the commodification of a public good.

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