Estimating the Impacts of Investment in a National Open Repository on Funded Research Output in South Korea
Open access is a paradigm whereby the electronic versions of scholarly publications are made freely accessible without any restrictions. It is actively promoted globally and is also promoted domestically in accordance with this global trend. However, there is a growing need to evaluate existing...
Main Authors: | , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Korea Institute of Science and Technology Information
2019-03-01
|
Series: | Journal of Information Science Theory and Practice |
Subjects: | |
Online Access: | https://doi.org/10.1633/JISTaP.2019.7.1.4 |
Summary: | Open access is a paradigm whereby the electronic versions of scholarly publications are made freely accessible without any
restrictions. It is actively promoted globally and is also promoted domestically in accordance with this global trend. However, there
is a growing need to evaluate existing activities and to seek policies for the steady spread of open access. This study examines
the necessity of switching to a national repository from existing institutional repositories through policy direction analysis of
open repositories. We examined domestic open access policies by analysing various overseas cases and the situation in South
Korea. Finally, we determined the validity of investment in a national repository by analysing its social and economic impacts
using the modified Solow-Swan model. The main parameters for applying the modified Solow-Swan model were estimated, and
the domestic research and development expenditure was predicted via a regression method. Then, we applied a range of rate
of returns to research and development (10% to 50%) to various scenarios and examined the effects of increasing accessibility
and efficiency by 1% to 10%. We found that the implementation of a national open access repository in South Korea would have
a substantial impact (to the tune of 147 billion won), without considering the potential costs of such a repository. Based on the
estimates of the social and economic impact of a national repository, the implementation of a national open access repository in
South Korea is economically viable. Besides having beneficial social and economic impacts, a national repository is expected to
enhance awareness of open access among Korean researchers and institutions. |
---|---|
ISSN: | 2287-9099 2287-4577 |