“In an effort to support alternatives to traditional scholarly publishing, five major research universities announced their joint commitment to open-access journals on Monday.
The institutions—Cornell University, Dartmouth College, Harvard University, the Massachusetts Institute of Technology, and the University of California at Berkeley—signed a compact agreeing to the “timely establishment” of mechanisms for providing financial support for free open-access journals.
While conventional journals require institutions to pay subscription fees to access articles, open-access publications make their material free to the public, thus aiding libraries forced to cut back during difficult financial times, officials at the universities believe.”
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