I'm not really sure how much I support this - the idea of centralizing the system does not really appeal to me - but anything is better than the current system, and the proposal does address the problems inherent in the open access model based on individual payments made by researchers to publishers. By contrast, the proposal authors write, "Our model, in contrast, asks tertiary institutions to contribute to systemic support of the research process itself, including its entire scholarly output — whether article, monograph, dataset, conference presentation, multimodal Web site, or format not yet envisioned. Our model looks to societies to play a central role within the scholarly communication ecosystem, and for academic libraries to become true partners with them." A white paper (83 page PDF) is available.
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