“How do libraries, consortia, and other scholarly publishing stakeholders decide what open access (OA) content to invest in when divesting from paywalled content? In the emerging OA publishing market, stakeholders must consider thousands of OA publications, while often lacking sufficient data relevant to their own values or the pros and cons of each opportunity. This one-off nature of OA investment is not conducive to easy administration or participation. Vetting and procurement processes become onerous as programs increase. While the scholarly publishing community has a great willingness to work together to support OA efforts, we need a stronger, more effective connection infrastructure to sustainably transition to OA.
LYRASIS, TSPOA, and Duke University Press have developed this Open Access Community Investment Program Pilot (“Pilot Project”) to test the viability, scalability, and sustainability of infrastructure, a criteria-based vetting mechanism, and outreach to help match funding entities or potential investors with publishers or journals seeking funding to publish open access. These potential investors encompass the range of scholarly publishing stakeholders, including for example: libraries, consortia, and funders, academic centers/departments, and cultural institutions. The term “stakeholders” as used throughout this document references this range of potential investors. While the initial set of open access initiatives or programs will be U.S. based, the community of investing stakeholders is expected to be global….”