Archan Venkatraman, STM growth takes hit, Information World Review, March 9, 2009.

The European scientific, technical and medical information market grew 4.5% in 2008, its weakest year-on-year figure since 2001, according to the latest IRN Research report. But the market remains upbeat, and focused on consolidation and flexibility to survive the downturn. …

Robert Parker, managing director for publishing at Research Councils UK, was also optimistic about the sector. He said the large European STM players had enough reserves to see them through lean times.

He added: “The emerging methods of information output and sharing, such as open access and social networking, will also have an impact on the role of leading players as they will increasingly embrace these new models to maintain their market share.â€? …