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Future of Publishing Business Models: Knowledge Unlatched

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My slides for the event Open Education and the Future of Publishing Business models event, hosted by QUT IP & Innovation Law on March 1st 2017.

Published in: Law
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Future of Publishing Business Models: Knowledge Unlatched

  1. 1. Knowledge Unlatched A/Prof Lucy Montgomery Director, Centre for Culture and Technology, Curtin Research Director, Knowledge Unlatched
  2. 2. The Monograph A long, academic and peer reviewed work on a single topic normally written by a single author, and extended to also include peer reviewed edited collections by multiple authors.
  3. 3. Hardback £65 per copy $110 (Amazon) $57 (ebooks.com) Usually sells around 200 copies.
  4. 4. 1980 2010 3000 350 2000 1990 2000 Print Runs for Academic Books 1000
  5. 5. https://www.flickr.com/photos/schnappi/6116266037 CC-BY
  6. 6. https://www.flickr.com/photos/pmiaki/4524531267/ CC-BY
  7. 7. • A very small market (libraries) • Library budgets under pressure • Journals have become (much) more expensive • The number of monograph titles has increased • Print runs for each title have decreased • Publishers must spread the costs of publishing each title over a smaller number of copies Pressure on Monograph Publishers
  8. 8. • The cost of publishing a 70,000 – 100,000 word monograph higher than the cost of publishing a 5,000 – 10,000 word article • Palgrave Open: £11,000/$17,500: CC-BY • Manchester University Press: £10,000: CC-NC • HSS research budgets are small • Some authors aren’t attached to a research budget at all • Author pays models won’t work for most of us! But…
  9. 9. The KU Model
  10. 10. • Not-for-profit • Libraries from around the world collaborate to share the costs of making books open access • CC licenses • Front-list titles (new books) • Immediate OA (no embargo) • Recent ‘backlist’. Collaboration with Language Science Press. What is Knowledge Unlatched?
  11. 11. Features of the KU Model • Includes a market element (librarians choose which books to support on behalf of their communities) • Globally funded • Accessing existing funds (library acquisition budgets as well as OA funds) • Cost effective
  12. 12. Founding Libraries Queensland University of Technology The University of Melbourne The University of Western Australia Key Supporters Big Innovation Centre British Library Trust Open Society Foundation Curtin University Partners Casalini Libri CLOCKSS HathiTrust Jisc Collections Karger Libri LYRASIS Max Planck Society OAPEN Paper-Hive Portico Schweitzer
  13. 13. Knowledge Unlatched • Over 400 libraries participating so far • 449 books unlatched from 54 publishers • (2014 – 28 titles) • (2016 – 78 titles) • (2017 – 343 titles – announced Feb 25th!)
  14. 14. Institution-specific Usage Statistics Version 1.0 of institution-specific stats are available and were sent out in November 2016 38 65.216 0 10.000 20.000 30.000 40.000 50.000 60.000 70.000 0 5 10 15 20 25 30 35 40 KU University Library Global OAPEN Downloads Total OAPEN Downloads KU University Library Global OAPEN Downloads Knowledge Unlatched 9 0 9 000 13 0 1 3 1 1 1 Downloads by Publisher Amsterdam University Press Brill Bloomsbury Academic Cambridge University Press Duke University Press De Gruyter Edinburgh University Press Liverpool University Press
  15. 15. KU Research • A serious program of critical research on understanding the uses of OA books • Partnering with Curtin University (Australia) and University of Michigan Libraries • Collaborating with platforms: HathiTrust and OAPEN • Competitively funded research projects • Intensive collaborations: UCL Press usage study
  16. 16. Knowledge Unlatched Thank You Winner: IFLA/Brill Award for Open Access 2014 Winner: Curtin University Award for Best Innovation in Education 2015 Shortlisted: ALPSP Award for Innovation in Publishing 2016

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