To coincide with our first townhall event on the Elsevier negotiations, Professor Stephen Eglen offers his perspective on the University’s future relationship with the publishing industry. Prof. Eglen is Professor of Computational Neuroscience in the Department of Applied Mathematics and Theoretical Physics at the University of Cambridge.
I’m often asked why I single out Elsevier when discussing spurious publishing practices*. The simple reason is that they are the single largest publisher that most institutions deal with. Other legacy publishers adopt similar practices, outlined below, that I disagree with. However, given that Elsevier tends to take about 40% of our journal subscription costs, it is worth focusing on. Even finding out these costs required an extensive set of FOI requests over several years, revealing a large disparity in costs between UK Universities. However, I do not blame Elsevier for the current situation – they are a successful business with shareholders to satisfy. Their consistent high operating margins (~ 30%) indicate that they are very capable. However, this comes at a price, e.g. their current median gender pay gap in 2020/21 was 36%, compared to 11.1% at the University of Cambridge, and 7.3% at Springer Nature.