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Nicholas B Mabe

Alternate Publishing Model?

Your Say Author: Paweł Borowicz, Researcher, Institute of Basic Medical Sciences, University of Oslo, Norway. Image credit: Pawel Borowicz Did you know that the STM (Scientific, Technical and Medical) scholarly publishing industry was worth US$25 700 000 000 globally in 2017 [1]? Have you heard about an enormous profit of above 30% [2] made by most commercial publishers? Roughly calculating, it will give us around US$7 700 000 000 that could have been spent on research instead. Therefore, it should not be surprising that scientists around the world have been concerned about this matter for years. One quickly realizes that the system of scientific publishing is flawed, but is there a way to improve it?

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