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Estimating the Potential Impacts of Open Access to Research Findings

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Author Info

  • John Houghton

    () (Centre for Strategic Economic Studies; Victoria University; PO Box 14428; Melbourne; Victoria 800)

  • Peter Sheehan

    (Centre for Strategic Economic Studies; Victoria University; PO Box 14428; Melbourne; Victoria 800)

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    Abstract

    Advances in information and communication technologies are disrupting traditional models of scholarly publishing; radically changing our capacity to reproduce; distribute; control; and publish information. The key question is whether there are new opportunities and new models for scholarly publishing that would better serve researchers and better communicate and disseminate research findings. Identifying access and efficiency limitations under the subscription publishing model; this paper explores the potential impacts of enhanced access to research outputs using a modified Solow-Swan model; which introduces ‘accessibility’ and ‘efficiency’ parameters into calculating returns to R&D. Indicative impact ranges are presented for Government; Higher Education and Australian Research Council R&D expenditures. We conclude that there may be substantial benefits to be gained from more open access to research findings.

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    Bibliographic Info

    Article provided by Queensland University of Technology (QUT), School of Economics and Finance in its journal Economic Analysis and Policy (EAP).

    Volume (Year): 39 (2009)
    Issue (Month): 1 (March)
    Pages: 127-142

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    Handle: RePEc:eap:articl:v39:y:2009:i:1:p:127-142

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    Related research

    Keywords: Scientific Publishing; Open Access; Research and Development (R&D); Returns to R&D.;

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. The Economics of Open Access Publishing
      by Christian Zimmermann in RePEc blog on 2009-04-24 01:43:24

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