Business Model Developments: The History, Current Situation, and Future Outlook of Business Models in Academic Publishing

Abstract

Academic publishing is a 'need to have' process that is very important in the academic world. This chapter focuses on the business models that were/are/might be used to finance the processes and the innovation in scholarly communication. What sparked the serials crisis? Is Open Access publishing feasible? Why are there predatory publishers? Can scientometrics and altmetrics be made into saleable products? These types of questions are answered in this chapter, where the focus lies on the financial feasibility of the main processes that occur in academic publishing.