 Is open access disrupting the journal business? A perspective from comparing full adopters, partial adopters, and non-adoptersXijie Zhang Journal of Informetrics, 2024, vol. 18, issue 4 Abstract: Two decades after the inception of open access publishing (OA), its impact has remained a focal point in academic discourse. This study adopted a disruptive innovation framework to examine OA's influence on the traditional subscription market. It assesses the market power of gold journals (OA full adopters) in comparison with hybrid journals and closed-access journals (partial adopters and non-adopters). Additionally, it contrasts the market power between hybrid journals (partial adopters) and closed-access journals (non-adopters). Using the Lerner index to measure market power through price elasticity of demand, this study employs difference tests and multiple regressions. These findings indicate that OA full adopters disrupt the market power of non-adopting incumbents. However, by integrating the OA option into their business models, partial adopters can effectively mitigate this disruption and expand their influence from the traditional subscription market to the emerging OA paradigm. Keywords: Open access; Disruptive innovation; Price elasticity; Lerner index; Two-sided platform (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:infome:v:18:y:2024:i:4:s1751157724000865 DOI: 10.1016/j.joi.2024.101574 Access Statistics for this article Journal of Informetrics is currently edited by Leo Egghe More articles in Journal of Informetrics from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.