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An Economic Analysis of Scientific Research Publishing

This comprehensive study of the current status of the global science publishing industry was commissioned by the UK-based Wellcome Trust and completed in September 2003.

 

It reviews how the current market structure functions - in terms of supply and demand - who the key players are, and how its operation affects the scientific community and progress of scientific research. It then considers how the electronic revolution has impacted the current system, and evaluates the changes it makes possible.

The report ends with a study of the future possibilities for scientific publishing, depending on how the key players react (and interact) to the new possibilities offered by information technologies. As a conclusion, the Wellcome Trust gives its endorsement to open access in science publishing.

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