Transcript IoPP on-screen PowerPoint slides

New business models.
Yann Amouroux
Regional Manager, Journals
IOP Publishing
UKSG Seminar
Dublin, June 2010
Changing business models
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Institutions don’t just buy
journal subscriptions
 Content accessed by licence
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Institutions (libraries) expected
to pay for publications charges
 Growth of open access
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Directory of Open Access
Journals (DOAJ, Lund)
4,998 journals (5 May 2010)
Important journal brands
which never existed 10-15
years ago
Many different models for Open
Access journals
 Author pays
 Institutional membership fees
 Conference organiser pays
 OASPA
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Consortia (NESLI2)
Electronic bundles,
collections
New Journal of Physics
A case-study of a successful
open-access physics journal
Eberhard Bodenschatz
Editor-in-Chief, New Journal of Physics
Berlin7 Conference, Paris
Wednesday 2 December 2009
An early history
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Launched in 1998 as a joint venture by the UK
Institute of Physics (IOP) and Deutsche
Physikalische Gesellschaft (DPG)
 A response to the journals subscription pricing
crisis
The first peer-reviewed, open-access journal to
cover the whole of physics
 In 1998 the term “open access” did not even exist
A then novel new publishing model that shifted
the burden of cost from the reader to the author
(or research provider)
Core original objectives
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To publish research articles of outstanding quality
at the very cutting edge of physics
To remove financial barriers for all readers
worldwide
To offer authors with high article visibility and fast
publication
To provide the widest possible dissemination of
peer-reviewed physics research
To demonstrate financial self-sustainability under
an open-access publishing model
Characteristics of NJP
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All content permanently free to read
Subject coverage across the whole of physics
Strict peer-review process and editorial criteria
 > 70% of submissions are rejected
Electronic-only
 Free use of colour and multimedia
 No article length restrictions
Author-friendly copyright
 The published version of articles can be freely
distributed
Funded solely by article (not page) charges (£650)
Subject scope
“The coverage of NJP extends across the
whole of physics, encompassing pure,
applied, theoretical and experimental
research, as well as interdisciplinary
topics where physics forms the central
theme. The journal's objective is to
publish truly outstanding research
articles that merit the attention of all
physicists.”
Editorial requirements
“An NJP article must meet the highest scientific
quality standards, both in terms of originality and
significance, and the research results should
make substantial advances within a particular
subfield of physics.
The impact of an NJP article should be such that it
will appeal to the journal's broad readership.
Towards ensuring high editorial standards, every
article submission is assessed by the Editorial
Board in addition to independent referees.”
The initial challenge
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A new, unproven journal
 No track record or Impact Factor
Broad coverage aimed at serving the whole of
physics
 No critical mass in any one topic
Electronic-only
 Concerns in 1998 about archiving digital content
Strict editorial standards
 Particular demands for impact and general interest
Authors expected to pay a publication fee (£300 in
1998)
The initial challenge
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First 3 years of NJP were tough
 Just 79 articles published by 2002
 Article submissions were flat
 70% of submissions rejected
 Fee waived for 60% of publications
IOP and DPG increased their investment
in 2001
 Greater commissioning activity by journal
team and Editorial Board
 Continued faith in strict quality criteria
The result was.…….
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Number of submissions
Journal content - submissions
Monthly submissions since 1998
200
180
160
140
120
100
80
60
40
20
0
Journal content – published articles
Annual publications since 1998
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900
800
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600
500
400
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300
200
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100
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99
89
Published articles
700
Journal has grown
by a factor of 35
since 2001
Rejection rate is
actually increasing
(>75% for regular
submissions)
90% of articles are
now paid for
More and more
researchers are
choosing to pay to
publish with NJP
Journal content – subject coverage
Surface Science
9%
Statistical Physics
and Com plex
System s
10%
Atom ic and
Molecular Physics
9%
Biophysics
3%
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Soft Matter
2%
Quantum Physics
8%
Condensed Matter
37%
Plasm as
4%
Optics
11%
Nuclear and Particle
Physics
3%
Cosm ology and
Astrophysics
4%
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Expanding
coverage in all
major disciplines
NJP publishes
~0.2% of all physics
papers
Particular target is
the high energy
particle physics
community
Journal content - geography
Rest o f Wo rld
11%
Rest o f Euro pe
13%
Germany
19%
United Kingdo m
9%
Italy
3%
Switzerland
2%
Spain
4%
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China
5% France
5%
Japan
7%
N.A merica
22%
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Strong traditional
support from
Europe
Expanding
support from N
America and
Japan
NJP has become
a truly
international
journal
Journal readership
Average monthly downloads each year from 2004 to 2009
70,000
Downloads per month
60,000
50,000
40,000
30,000
20,000
10,000
0
2004
2005
2006
2007
2008
2009
Journal readership - geography
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Rest of the World
7%
UK
8%
Australiasia
2%
India
4%
France
3%
Germany
8%
Japan
4%
Switzerland
1%
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Italy
2%
Spain
2%
The Netherlands
1%
P. R. China
8%
Poland
1%
Africa
1%
Central and S
America
2%
Rest of Europe
11%
N America
34%
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More than 3
million
downloads
since 1998
700
downloads
per article
within 12
months
Readership
each month
extends to
over 180
countries
 Truly
global
 A real
success
for openaccess!
Impact Factor
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NJP Impact Factors since 2002
4
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3.5
Impact Factor
3
2.5
2
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1.5
1
0.5
0
"2002"
"2003"
"2004"
"2005"
"2006"
"2007"
"2008"
Current Impact Factor
is 3.44
3rd highest out of
general physics,
original research
journals
Articles are
increasingly being
cited
 NJP named a
‘Rising Star’ by
Thomson ISI
NJP author-friendly copyright
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NJP authors (and their institutions) can distribute
the published version in the following ways:
 on personal and/or employer’s
websites/repositories and free public servers.
 share print or electronic copies of their article.
 use all or part of their article and abstract in other
scholarly publications of their own work.
Third parties have the same rights to reuse
articles in NJP as described in the Creative
Commons Attribution-Non-CommercialShareAlike 2.5 license.
NJP Associate Members
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NJP and is publishing model is endorsed by the following
national physical societies:
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Australian Institute of Physics
Austrian Physical Society
Belgian Physical Society
Chinese Physical Society
European Physical Society
Finnish Physical Society
French Physical Society
Indian Physics Association
Israel Physical Society
Italian Physical Society
Mexican Physical Society
Netherlands Physical Society
Norwegian Physical Society
Physical Society of Japan
Polish Physical Society
South African Institute of Physics
Spanish Royal Society of Physics
Swedish Physical Society
Swiss Physical Society
United Physical Society of the Russian Federation
Is NJP self-sustainable? Yes!
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£700
700
Number of published
articles
600
Annual article publication
charge
£600
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£500
500
£400
400
£300
300
£200
200
£100
100
0
£0
1998-99 2000
2001
2002
2003
2004
Year
2005
2006
2007
2008
Article publication charge
Number of published articles
800
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Since 2002 the article
charge has increased in
from £300 to £650
Financial revenue relies
on 3 factors:
 The publication fee £650 (2008)
 Number of published
papers – 682 (2008)
 % of authors paying –
90% (2008)
In 2008 NJP covered all
of its operating costs for
the first time
 It will do so again in
2009 (with a surplus)
Thank you
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Any questions?
Yann Amouroux
IOP Publishing, Bristol, UK
[email protected]
Tel: 0044 117 9301117