Library funding for open access at KU Leuven

As main buyers of scholarly literature, research libraries have always provided essential economic support for sustaining the market of academic publishing. With the switch to open access (OA), libraries are now faced with transitioning this support from the demand (subscriptions) to the supply (pub...

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Main Authors: Demmy Verbeke, Laura Mesotten
Format: Article
Language:English
Published: Ubiquity Press 2022-01-01
Series:Insights: The UKSG Journal
Subjects:
Online Access:https://insights.uksg.org/articles/565
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author Demmy Verbeke
Laura Mesotten
author_facet Demmy Verbeke
Laura Mesotten
author_sort Demmy Verbeke
collection DOAJ
description As main buyers of scholarly literature, research libraries have always provided essential economic support for sustaining the market of academic publishing. With the switch to open access (OA), libraries are now faced with transitioning this support from the demand (subscriptions) to the supply (publications) side. The way in which this is currently done, in general, risks strengthening the preponderance of the for-profit approach to scholarly communication. We therefore believe that it is essential to apply library budgets to foster a greater diversity. That is exactly the purpose of the Fund for Fair Open Access, set up by KU Leuven Libraries in 2018, which is exclusively devoted to stimulating the development of non-profit and community-led initiatives. This is achieved by library memberships to sustain open scholarship infrastructure, by supporting diamond OA programmes and by subsidizing OA books published by Leuven University Press. In this article, we will demonstrate the accomplished successes of the fund and share some insights we have gathered along the way, such as our decision to cease financing article processing charges, even in a Fair OA business model.
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spelling doaj.art-d0a60f6a92ae4f4fb196ba63632931f42022-12-21T17:24:39ZengUbiquity PressInsights: The UKSG Journal2048-77542022-01-013510.1629/uksg.565506Library funding for open access at KU LeuvenDemmy Verbeke0Laura Mesotten1Head of KU Leuven Libraries Artes and Professor of Open Scholarship KU LeuvenProcess Manager Research and Open Scholarship KU Leuven Libraries Artes KU LeuvenAs main buyers of scholarly literature, research libraries have always provided essential economic support for sustaining the market of academic publishing. With the switch to open access (OA), libraries are now faced with transitioning this support from the demand (subscriptions) to the supply (publications) side. The way in which this is currently done, in general, risks strengthening the preponderance of the for-profit approach to scholarly communication. We therefore believe that it is essential to apply library budgets to foster a greater diversity. That is exactly the purpose of the Fund for Fair Open Access, set up by KU Leuven Libraries in 2018, which is exclusively devoted to stimulating the development of non-profit and community-led initiatives. This is achieved by library memberships to sustain open scholarship infrastructure, by supporting diamond OA programmes and by subsidizing OA books published by Leuven University Press. In this article, we will demonstrate the accomplished successes of the fund and share some insights we have gathered along the way, such as our decision to cease financing article processing charges, even in a Fair OA business model.https://insights.uksg.org/articles/565library fundingnon-profitcommunity-ledoa business modelsfair oa
spellingShingle Demmy Verbeke
Laura Mesotten
Library funding for open access at KU Leuven
Insights: The UKSG Journal
library funding
non-profit
community-led
oa business models
fair oa
title Library funding for open access at KU Leuven
title_full Library funding for open access at KU Leuven
title_fullStr Library funding for open access at KU Leuven
title_full_unstemmed Library funding for open access at KU Leuven
title_short Library funding for open access at KU Leuven
title_sort library funding for open access at ku leuven
topic library funding
non-profit
community-led
oa business models
fair oa
url https://insights.uksg.org/articles/565
work_keys_str_mv AT demmyverbeke libraryfundingforopenaccessatkuleuven
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