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An Economic Evaluation of an Integrated Service Platform of Open Access Research Papers

  • Journal of the Korean Society for Library and Information Science
  • 2022, 56(3), pp.265-290
  • DOI : 10.4275/KSLIS.2022.56.3.265
  • Publisher : 한국문헌정보학회
  • Research Area : Interdisciplinary Studies > Library and Information Science
  • Received : July 18, 2022
  • Accepted : August 18, 2022
  • Published : August 31, 2022

Nahyun Kwon 1 Soonhee Pyo 2 Lee Jung Yeoun 3 Wan-Jong Kim 4 Moon Sunung 1

1명지대학교
2숭의여자대학교
3중부대학교
4한국과학기술정보연구원

Excellent Accredited

ABSTRACT

An economic evaluation was conducted using cost-benefit analysis for an integrated service platform of open access research articles. The data needed for benefit measurement were collected by conducting a series of surveys to service beneficiaries, including 1,313 academic researchers, 49 ​​bio-industry researchers, and 102 researchers in various industries. Cost-benefit analysis and sensitivity analysis were conducted after estimating the total costs for system construction and operations, anticipated direct and indirect benefits. With respect to the cost-benefit analysis limited to direct benefits, the estimated benefit was KRW 82 billion, which is about 14 times of the total costs for eight years of the entire business period. With respect to the cost-benefit analysis for both direct and indirect benefits, BCR was estimated to be about 98.9 and NPV to be KRW 538.8 billion, indicating that economic feasibility of the project was sufficiently secured. The results of this analysis may help securing the investment to the integrated service platform for OA research products, and the benefit estimation model developed in this study would be utilized as an assessment tool during the rest of this project.

Citation status

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