The Gates Foundation came up with an open access publishing platform
The Bill & Melinda Gates Foundation launched the Gates Open Access, an open access publishing platform, the Nature report shows. With this platform, the Gates Foundation hopes to accelerate publication of articles and data.
The Foundation does not play editorial oversight and it contracted management of publishing services to F1000Research, an organization that is known for quickly publishing open access articles. The foundation provides article-processing charges (APCs), which ranges from $150 to $2500. All articles are subjected to post-publication peer review processes.
The Gates Foundation particularly wants to provide help to authors in developing countries. It also believes that this platform will help to protect authors against predatory publishers out.
The UK-based Wellcome Trust, a research funding agency, has been using similar approach. The European Commission (EC) is also considering to implement a similar strategy.
This new initiative demonstrates the Gates Foundation’s commitment to research and research output dissemination.
Sources
Nature | Gates Foundation announces open-access publishing venture
Ua-magazine | Open and Post Peer Review: New Trends in Open Access Publications