Is the Staggeringly Profitable Business of Scientific Publishing Bad For Science?

It offered electronic entry to bundles of tons of of journals at a time: a university would pay a set charge each year - in keeping with a report based on freedom of information requests, Cornell University’s 2009 tab was simply short of $2m - and any student or professor could obtain any journal they wished by means of Elsevier’s website. Universities signed up en masse. These predicting Elsevier’s downfall had assumed scientists experimenting with sharing their work totally free on-line might slowly outcompete Elsevier’s titles by replacing them one at a time. In response, Elsevier created a swap that fused Maxwell’s 1000's of tiny monopolies into one so giant that, like a primary resource - say water, or power - it was unattainable for universities to do with out. Pay, and the scientific lights stayed on, but refuse, and as much as a quarter of the scientific literature would go dark at anyone establishment. It concentrated immense power within the arms of the largest publishers, and Elsevier’s income started one other steep rise that would lead them into the billions by the 2010s. In 2015, a Financial Times article anointed Elsevier “the business the web couldn't kill”.

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