The Rise of Platinum Open Access Journals with Both Impact Factors and Zero Article Processing Charges

Abstract

It appears that open access (OA) academic publishing is better for science because it provides frictionless access to make significant advancements in knowledge. OA also benefits individual researchers by providing the widest possible audience and concomitant increased citation rates. OA publishing rates are growing fast as increasing numbers of funders demand it and is currently dominated by gold OA (authors pay article processing charges (APCs)). Academics with limited financial resources perceive they must choose between publishing behind pay walls or using research funds for OA publishing. Worse, many new OA journals with low APCs did not have impact factors, which reduces OA selection for tenure track professors. Such unpleasant choices may be dissolving. This article provides analysis with a free and open source python script to collate all journals with impact factors with the now more than 12,000 OA journals that are truly platinum OA (neither the author nor the readers pay for the peer-reviewed work). The results found platinum OA is growing faster than both academic publishing and OA publishing. There are now over 350 platinum OA journals with impact factors over a wide variety of academic disciplines, giving most academics options for OA with no APCs.