This is a joint post by guest Jeff Kosokoff, Assistant University Librarian for Collection Strategy, Duke University, and IO author Ellen Finnie, MIT Libraries.
From the perspective of academic libraries and many researchers, we have an unhealthy scholarly information ecosystem. Prices consistently rise at a rate higher than inflation and much faster than library budgets, increasingly only researchers in the most well-financed organizations have legitimate access to key publications, too few businesses control too much of the publishing workflow and content data, energy toward realizing the promise of open access has been (as Guédon describes it) “apprehended” to protect publisher business models, and artificial scarcity rules the day. Massive workarounds like SciHub and #icanhaspdf have emerged to help with access, but such rogue solutions seem unsustainable, may violate the law, and most certainly represent potential breaches of license agreements. While many of the largest commercial publishers are clinging to their highly profitable and unhealthy business models, other more enlightened and mission-driven publishers — especially scholarly societies — recognize that the system is broken and are looking to consider new approaches. Often publishers are held back by the difficulty and risk in moving from the current model to a new one. They face legitimate questions about whether a new funding structure would work, and how a publisher can control the risks of transition.