“ The genteel but lucrative world of academic publishing is being stirred up by a dispute over who pays for and who profits from scientific research funded largely by taxpayers.
Scientists’ careers are made, and broken, by the quality and volume of articles describing new discoveries that they publish in top journals like Nature, Science and Cell.
And it’s big business, with the market in academic journals worth about $8 billion a year globally, according to analyst estimates.
A new low-cost scientific journal unveiled on Tuesday with an unusual business model will add to the pressure on publishers like Reed Elsevier and Axel Springer and stoke the debate over free access to research.”
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