Economics of Open Access

The Economics of Open Access refers to the financial and resource dynamics involved in making research articles freely available to the public. It considers how creators, publishers, institutions, and funders share costs and benefits when removing paywalls. Open Access can increase dissemination and impact of research, but requires sustainable funding models, such as author publication fees or institutional support. Balancing accessibility with financial viability is key, ensuring valuable knowledge is widely shared without compromising the quality or ongoing production of research.