Over the past decade, this phenomenon has contributed to a sustained period of significant price increases for scholarly resources, especially those in science, technology, and medicine, where the publishing environment is increasingly commercial and increasingly consolidated. One key strategy in counteracting these trends toward higher prices is to provide additional prestigious and cost-based outlets for the best faculty work. To promote academic values of access to information for research and teaching, the continuation of fair use and other library and educational uses in an electronic information environment, and the ethical use of scholarly information. Increased competition was identified as a key strategy for addressing rising prices for serials ten years ago, but change has been slow in coming. The rise of the Internet and World Wide Web have made it possible for anyone to publish.
Capable partners are ready to join with research institutions to create new publishing alternatives.
Libraries and universities are prepared to redirect budget resources to support new forms of scholarly publishing. Faculty and academic administrators will support initiatives that offer realistic alternatives for disseminating research findings and scholarship. Fostering a competitive market for scholarly publishing by encouraging new participants in the publishing field that are committed to principles of cost-based pricing. Implementing policies for intellectual property management emphasizing broad and easy distribution and reuse of material and the ethical use of scholarly resources. Encouraging innovative applications of available information technology to enrich and expand research and scholarship and the available means for distribution.