Vertical Integration in Academic Publishing

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Date

2019

Périmètre
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Identifiant
  • 20.500.13089/cs
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Ce document est lié à :
https://hdl.handle.net/20.500.13089/ga

Ce document est lié à :
https://doi.org/10.4000/books.oep

Ce document est lié à :
info:eu-repo/semantics/altIdentifier/isbn/979-10-365-3802-5

Ce document est lié à :
info:eu-repo/semantics/altIdentifier/isbn/979-10-365-3801-8

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OpenEdition Books

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OpenEdition

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info:eu-repo/semantics/openAccess , https://creativecommons.org/licenses/by-nc-nd/4.0/




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George Chen et al., « Vertical Integration in Academic Publishing », OpenEdition Press


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Résumé 0

This paper attempts to illustrate the implications of a simultaneous redirection of the big publishers’ business strategy towards open access business models and the acquisition of scholarly infrastructure utilizing the conceptual framework of rent-seeking theory. To document such a transformation, we utilized financial databases to analyze the mergers and acquisitions of the top publicly traded academic publishers. We then performed a service analysis to situate the acquisitions of publishers within the knowledge and education life-cycles, illustrating what we term to be their vertical integration within their respective expansion target life-cycles. The vertical integration is analyzed via a rent theory framework and described to be a form of rent-seeking complementary to the redirection of business strategies to open access. Finally, the vertical integration is noted to generate exclusionary effects upon researchers/institutions in the global south.

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