Entire board resigns over actions of academic publisher whose profit margins outstrip even Google and Amazon
, according to its 2019 accounts, which anger academics most. The big scientific publishers keep costs low because academics write up their research – typically funded by charities and the public purse – for free. They “peer review” each other’s work to verify it is worth publishing for free, and academic editors collate it for free or for a small stipend.
Researchers put up with it because they want to publish in prestigious journals that will help their careers and ensure their work is widely read and cited.” A spokesperson for Elsevier said: “We value our editors very highly and are disappointed [with the resignations], especially as we have been engaging constructively with them over the last couple of years.”
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