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Public sector saves £28 million through open access publication

“Open Access to published scholarly research offers significant benefits to the UK, according to two reports released today by the UK Open Access Implementation Group. The UK public sector already saves £28.6 million by using OA [1]. The reports make it clear that both the public sector and the voluntary sector would see further direct and indirect benefits from increased access to UK higher education research publications. … The UK public sector spends £135 million a year, made up of subscriptions and time spent trying to find articles, accessing the journal papers it needs to perform effectively. Each extra 5% of journal papers accessed via open access on the web would save the public purse £1.7 million, even if no subscription fees were to be saved. [3] … Professor Martin Hall, vice-chancellor at the University of Salford and chair of the OAIG, says, “These findings mark a turning point in the quiet revolution of open access. There are many good reasons for making research available on an open access basis, and the reports are clear that one reason is because open access makes economic sense. The UK Open Access Implementation Group is committed to helping the public, private and academic sectors benefit from UK research and I am proud that these reports further that cause.”” Read more at http://open-access.org.uk/news
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