PRESENTATION
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Learned societies publish journals primarily to serve their scholarly communities, more recently some of them have also managed to make a surplus which they also use to support their other mission activity. These two aspects of journal publishing are both mission related, of course, and the balance between them varies considerably depending on the society. The Royal Society only started making appreciable surplus from the journals in the 21st century; for over 300 years the journals were heavily loss making. Open access is clearly the future and the Royal Society is very supportive of open science in general. Last year, over 45% of all our articles were immediate OA. Clearly institutional and funder support for OA is a crucial driver and while we welcome the greatly increased impetus Plan S has provided, we have concerns about the way the policy will be implemented. As the national academy of science, our primary concerns will always be the good of science and the interests of scientists. We are therefore concerned that Plan S is likely to have negative consequences for early career scientists, for collaboration and for the level of support for OA in the research community.

11:50

SPEAKER
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Stuart Taylor

Publishing Director, Royal Society

(Speaker in 2019) Dr Stuart Taylor is the Publishing Director at the Royal Society. He has responsibility for the Royal Society’s publishing operation which consists of a staff of 30 who publish the Society’s ten journals including the world’s first science journal, Philosophical Transactions, first published in 1665. He joined the Society in 2006 after working as a Publisher at Blackwell Science (now Wiley) in Oxford where he was responsible for postgraduate book and journal acquisitions in clinical medicine. He is a keen advocate of open science and believes that the scholarly communication system should genuinely serve science and do so far more effectively and efficiently than it does at present. He is a member of FORCE11, is also on the Board of Directors of the Open Access Scholarly Publishers’ Association (OASPA) and works in several other open science groups. Most recently he has been involved in setting up the Society Publishers’ Coalition.

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