Fracking the Ecosystem

What does fracking have to do with scholarly publishing and journal pricing? While the library financial landscape has improved since the depth of the Great Recession of 2007 to 2009, it still cannot be considered robust. As articles such as this one chronicle annual serials price increases, librari...

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Bibliographic Details
Published in:	Library Journal Vol. 141; no. 7; p. 32
Main Authors:	Bosch, Stephen, Henderson, Kittie
Format:	Trade Publication Article
Language:	English
Published:	New York MSI Information Services 15-04-2016
Subjects:	Citation Indexes Citations Consumer Price Index Cost control Cost Indexes Customer services Electronic periodicals Elementary Secondary Education Expenditures Foods Instruction Funding Great Recession Higher education Humanities Inflation Information Needs Libraries Library collections Library materials Market strategy Organic Chemistry Periodicals Price increases Scholarly communication Scholarly publishing Science Serials State budgets Vendors United States > US
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Summary:	What does fracking have to do with scholarly publishing and journal pricing? While the library financial landscape has improved since the depth of the Great Recession of 2007 to 2009, it still cannot be considered robust. As articles such as this one chronicle annual serials price increases, libraries, publishers, and vendors search for innovative ways to fulfill information needs within the finite, predefined budget environment. New business and access models ranging from the initial e-journal big deal packages, article pay per view, open access, mega-journals, and publisher e-journal database pricing have evolved in response to the environment; libraries, publishers, and vendors have merged, consolidated, or disappeared along the way. Just as fracking keeps the oil and gas flowing, these strategies enable the current scholarly publishing ecosystem to extract the necessary resources--intellectual and financial--to survive.
ISSN:	0363-0277