Can scientists and their institutions become their own open access publishers?

Abstract: This article offers a personal perspective on the current state of academic publishing, and posits that the scientific community is beset with journals that contribute little valuable knowledge, overload the community's capacity for high-quality peer review, and waste resources. Open access publishing can offer solutions that benefit researchers and other information users, as well as institutions and funders, but commercial journal publishers have influenced open access policies and practices in ways that favor their economic interests over those of other stakeholders in knowledge creation and sharing. One way to free research from constraints on access is the diamond route of open access publishing, in which institutions and funders that produce new knowledge reclaim responsibility for publication via institutional journals or other open platforms. I argue that research journals (especially those published for profit) may no longer be fit for purpose, and hope that readers will consider whether the time has come to put responsibility for publishing back into the hands of researchers and their institutions. The potential advantages and challenges involved in a shift away from for-profit journals in favor of institutional open access publishing are explored.