As a leader in the global movement toward open access to publicly funded research, the University of California is taking a firm stand by deciding not to renew its subscriptions with Elsevier.
Despite months of contract negotiations, Elsevier was unwilling to meet UC's key goal: securing universal open access to UC research while containing the rapidly escalating costs associated with for-profit journals.
In negotiating with Elsevier, UC aimed to accelerate the pace of scientific discovery by ensuring that research produced by UC's 10 campuses - which accounts for nearly 10 percent of all U.S. publishing output - would be immediately available to the world, without cost to the reader. Under Elsevier's proposed terms, the publisher would have charged UC authors large publishing fees on top of the university's multi-million dollar subscription, resulting in much greater cost to the university and much higher profits for Elsevier.
Research portal like researchgate and Academia and other online resources for scholarly work like Google scholar has provided the people around the globe with easy access to scientific work; now Elsevier liked it or not and many other giant publishing companies, they have to face it....(corporate sector has already earned enough....they need some rest or think of other innovative ...options to earn more)...!
It's time to manage with very limited costs. This could provide a reasonable cost access. The UC may have the right.
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