Funding open access journal publishing: Article processing charges
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An established business model adopted by OA publishers is assessing authors an article processing charge (APC). Often, authors can rely upon research grants to cover APCs in order to comply with the grant requirements or as part of the implicit cost of research. Authors without grants, or with grants but no reserved funding, may look to their university for assistance. Universities administering funds for OA publishing must grapple with several questions about management and distribution of these funds. For publishers not relying upon APCs to fund their operations, business model experiments abound, such as the PeerJ author membership model and the SCOAP3 consortium model. The challenge for librarians is to not only educate themselves about these available business models and the pros and cons of each but also how to use that knowledge to meaningfully impact the field of scholarly communication.