Event Title
From Shoestrings to Pursestrings: Securing Funding for Small, Open-Access Scholarly Journals
Start Date
19-5-2016 1:15 PM
Keywords
library-published journals, shoestring, empowering editors, journal, funding, publication, impact, finances
Media File:
Description
Even though most open-access, library-published journals operate on a shoestring, in our experience, securing a small amount of consistent funding—to defray production and editorial costs, reduce the burden on editors, etc.—has a significant impact on the long-term success of a journal. This presentation offers a model for guiding editors and authors through the process of securing funding to support their journal. We do not propose a single business model. On the contrary, we focus on opening up options in ways that are imaginative and open-ended, empowering editors to articulate a story of meaning around their journal. We’ll address the following questions:
*At Michigan, beginning in fiscal year 2017, we will start charging fees to our publishing partners. How do we prepare internally for this transition, and how do we break this news in a way that retains trust and a strong relationship with our partners?
*What alternative funding options and opportunities—besides toll-access and author-pays—are available to journal editors? We’ll share some of the ideas our journal editors have come up with.
*How can we help publishing partners make a strong case for the importance of their publication? What’s the best way to communicate impact?
*How can we prepare ourselves and our publishing partners to manage and track their finances?
Recommended Citation
Witchen, Kelly; Welzenbach, Rebecca; and Peters, Allison (2016). "From Shoestrings to Pursestrings: Securing Funding for Small, Open-Access Scholarly Journals," Library Publishing Forum - Recorded Sessions. https://newprairiepress.org/lpforum/2016/concurrents/8
From Shoestrings to Pursestrings: Securing Funding for Small, Open-Access Scholarly Journals
Even though most open-access, library-published journals operate on a shoestring, in our experience, securing a small amount of consistent funding—to defray production and editorial costs, reduce the burden on editors, etc.—has a significant impact on the long-term success of a journal. This presentation offers a model for guiding editors and authors through the process of securing funding to support their journal. We do not propose a single business model. On the contrary, we focus on opening up options in ways that are imaginative and open-ended, empowering editors to articulate a story of meaning around their journal. We’ll address the following questions:
*At Michigan, beginning in fiscal year 2017, we will start charging fees to our publishing partners. How do we prepare internally for this transition, and how do we break this news in a way that retains trust and a strong relationship with our partners?
*What alternative funding options and opportunities—besides toll-access and author-pays—are available to journal editors? We’ll share some of the ideas our journal editors have come up with.
*How can we help publishing partners make a strong case for the importance of their publication? What’s the best way to communicate impact?
*How can we prepare ourselves and our publishing partners to manage and track their finances?
