Bill and Melinda Gates want academic research to be free for all. They feel so strongly about it that The Gates Foundation (@gatesfoundation), which reportedly spends $900 million per year on scientific research, will (beginning in two years) only fund research that publishes its reports in a way that anyone can access them without charge.
All of this is detailed in an interesting Vox article [link] by Susannah Locke (@susannahlocke) that lays out the problems this new Gates' policy creates: "Researchers generally want their papers to be read by as many people as possible. But the journals that publish those papers are, in many cases, for-profit institutions -- and they prefer charging for access."
Academic research is often derided as useless, especially by those who operate a business. Academics are often the first to admit the dubious value of some research. About a year ago, Shuqing Luo of the National University of Singapore posed a question online: "How does academic research increase the relevance and create value in businesses and education?" [link] There were numerous responses. Here's what Hak Choi said:
I like your question, and I don't think we academics have an answer to it. That is, we do not create any value to the practitioners. More than that, we academics disagree with each other all the times. I, for one, totally disagree with the current economics teaching. Please see my Amazon book "Economics in Deep Trouble". But, having said that, that is the process of finding the truth, isn't it?
Yet, the potential commerical value of some research is without doubt. Which may be why (in one study), as Locke reports, less than five per cent of the medical research published between 1998-2006 was available for free.
This trend toward open access demands that you ask yourself five questions.
- Are you focusing on technology or its impact? As technology changes, so, too, do the rules of engagement. New information can be shared with the world in seconds. Thus, many now expect new information to be shared in seconds. Without charge. So, while many leaders (including academic leaders!) focus only on the marvel of new technology, they should be asking what expectations are growing as a result of that technology.
- How open are you willing to be? "Open access" is an irreversible trend. What are you doing to adapt and get out in front of "open" in your field/industry/sector?
- Are you willing to be held accountable for your thoughts and actions? With openness comes accountability -- when the world can see what you are up to, you become much, much more accountable to other (all) stakeholders, and that matters.
- If information is your business, do you have a viable future? If making money from a content paywall is your business model (especially content generated at someone else's expense), you best get your thinking cap on ASAP and bring some forward thinking to your organisation about the future of your revenue streams.
- Do you really understand the future of the Internet? The promise of the Internet to bring information rapidly and freely to the world is upon us. Yet, in Davos this week, Google's executive chairman, Eric Schmidt, said that the Internet as we know it will likely disappear, and soon. According to CNBC, Schmidt said, "There will be so many IP addresses, so many devices, sensors, things that you are wearing, things that you are interacting with that you won't even sense it; it will be part of your presence all the time." [link] Just where do you and your firm fit into this all-data-all-the-time world?
The Gates Foundation (and other forward looking philanthropists) are (and have been) reshaping the landscape of giving by applying transparency and accountability to the outcomes of their invested capital. Their position regarding academic research birthed under the auspices of their funding is this: such new thinking must be born free.