From library budget to information budget: fostering transparency in the transformation towards open access

The discussion on the transformation of scholarly journals to open access (OA) increasingly concerns financial aspects. Considering the variety of funding strategies for article processing charge (APCs), the array of cost types for scientific information and the need for data monitoring to promote c...

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Main Author: Heinz Pampel
Format: Article
Language:English
Published: Ubiquity Press 2022-05-01
Series:Insights: The UKSG Journal
Subjects:
Online Access:https://insights.uksg.org/articles/576
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author Heinz Pampel
author_facet Heinz Pampel
author_sort Heinz Pampel
collection DOAJ
description The discussion on the transformation of scholarly journals to open access (OA) increasingly concerns financial aspects. Considering the variety of funding strategies for article processing charge (APCs), the array of cost types for scientific information and the need for data monitoring to promote cost transparency, an integrated view of the financial dimension of the OA transition is needed. This commentary describes the need for implementing an information budget that looks beyond just the library budget and comprehensively targets all financial flows from universities and other research performing organizations to publishers. An information budget promotes an integrated perspective on the distributed costs at a given institution. This centralized approach of assessing financial flows can be used to strengthen the position of research institutions when negotiating with publishers.
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spelling doaj.art-7fd9a10b22e44460b17e2ce50640f6092022-12-22T03:25:38ZengUbiquity PressInsights: The UKSG Journal2048-77542022-05-013510.1629/uksg.576513From library budget to information budget: fostering transparency in the transformation towards open accessHeinz Pampel0Open Science Officer, Helmholtz AssociationThe discussion on the transformation of scholarly journals to open access (OA) increasingly concerns financial aspects. Considering the variety of funding strategies for article processing charge (APCs), the array of cost types for scientific information and the need for data monitoring to promote cost transparency, an integrated view of the financial dimension of the OA transition is needed. This commentary describes the need for implementing an information budget that looks beyond just the library budget and comprehensively targets all financial flows from universities and other research performing organizations to publishers. An information budget promotes an integrated perspective on the distributed costs at a given institution. This centralized approach of assessing financial flows can be used to strengthen the position of research institutions when negotiating with publishers.https://insights.uksg.org/articles/576open accessscholarly communicationlibrary management
spellingShingle Heinz Pampel
From library budget to information budget: fostering transparency in the transformation towards open access
Insights: The UKSG Journal
open access
scholarly communication
library management
title From library budget to information budget: fostering transparency in the transformation towards open access
title_full From library budget to information budget: fostering transparency in the transformation towards open access
title_fullStr From library budget to information budget: fostering transparency in the transformation towards open access
title_full_unstemmed From library budget to information budget: fostering transparency in the transformation towards open access
title_short From library budget to information budget: fostering transparency in the transformation towards open access
title_sort from library budget to information budget fostering transparency in the transformation towards open access
topic open access
scholarly communication
library management
url https://insights.uksg.org/articles/576
work_keys_str_mv AT heinzpampel fromlibrarybudgettoinformationbudgetfosteringtransparencyinthetransformationtowardsopenaccess