- Feb 2021
Similar to CUP and IOP, Sage, and Springer Nature, many UK institutions have signed a contract to fund Wiley's publishing activities for four more years as a result of Plan S, regardless of how many authors accepted manuscripts (AAM) are openly available in repositories. This fact undermines the arguments made above by the STM Association about the rights retention strategy (RRS) undermining financial sustainability.
Furthermore, the financial credit cap for the Wiley deal is operationally low, resulting in additional expenditure for institutions at the end of the calendar year when open access support funds are running low. This additional cost is not sustainable for many institutions and unintentionally creates inequitable access to no-additional-cost publishing.
UK institutions have been through several terms of the Springer Compact deal and continue to negotiate amendments and additional terms with added expense. The Springer Compact deal delivers no-additional-cost publishing for an upfront commitment of funds by institutions. Regardless of how many authors accepted manuscripts (AAM) are openly available in repositories institutions continue to support Springer Nature's publishing activities. This fact undermines the arguments made above by the STM Association about the rights retention strategy (RRS) undermining financial sustainability.
The Rights Retention Strategy provides a challenge to the vital income that is necessary to fund the resources, time, and effort to provide not only the many checks, corrections, and editorial inputs required but also the management and support of a rigorous peer review process
This is an untested statement and does not take into account the perspectives of those contributing to the publishers' revenue. The Rights Retention Strategy (RRS) relies on the author's accepted manuscript (AAM) and for an AAM to exist and to have the added value from peer-review a Version of Record (VoR) must exist. Libraries recognise this fundamental principle and continue to subscribe to individual journals of merit and support lucrative deals with publishers. From some (not all) librarians' and possibly funders' perspectives these statements could undermine any mutual respect.
- Copy Editing
- Plan S
- Rights retention strategy
- Oct 2020
College sports are also a tremendous drain on financial resources. A large majority of college sports programs – 90 percent – lose money for their schools and require additional funds beyond what is earned through ticket, apparel, and other revenues.
- Aug 2020
Fazackerley, Anna. ‘UK Universities Putting Finances above Student Safety, Expert Warns’. The Guardian, 1 August 2020, sec. Education. https://www.theguardian.com/education/2020/aug/01/uk-universities-putting-finances-above-student-safety-expert-warns.
- Jun 2020
COVID-19 and UK Public Finances | The CFM-CEPR Surveys. (n.d.). Retrieved June 8, 2020, from https://cfmsurvey.org/surveys/covid-19-and-uk-public-finances