The “total cost of publication” in a hybrid open‐access environment: Institutional approaches to funding journal article‐processing charges in combination with subscriptions

@article{Pinfield2016TheC,
  title={The “total cost of publication” in a hybrid open‐access environment: Institutional approaches to funding journal article‐processing charges in combination with subscriptions},
  author={Stephen Pinfield and Jennifer Salter and Peter A. Bath},
  journal={Journal of the Association for Information Science and Technology},
  year={2016},
  volume={67}
}
As open-access OA publishing funded by article-processing charges APCs becomes more widely accepted, academic institutions need to be aware of the "total cost of publication" TCP, comprising subscription costs plus APCs and additional administration costs. [] Key Result The total cost of publication modeling shows that APCs are now a significant part of the TCP for academic institutions, in 2013 already constituting an average of 10% of the TCP excluding administrative costs.
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