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On a dry, hard, approximately level stretch of highway free from loose material, the service braking system shall be capable of stopping a motor vehicle or combination of vehicles at all times and under all conditions of loading at a speed of 20 miles per hour within the following distances:

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Along with Laura Brown, Matthew Rascoff and Rebecca Griffiths carried out the research for this report. The research effort included a survey of university press directors and an extensive series of interviews with press directors, librarians, provosts, and other university administrators. The original draft report was written by Matthew, Rebecca and Laura, and I worked closely with them to produce this final draft for comment. This draft benefited substantially from suggestions offered by 18 outside readers and commentators. We are very grateful for the considerable time contributed by these commentators to improve the document.

The transition from print to electronic scholarship requires investment capital in order to develop new infrastructure, build new capabilities, and repurpose existing assets (whose value can be enhanced considerably by being put online). Funding is required to link resources together and maximize their value to scholars. Funding is needed to create the tools and infrastructure needed to support the kinds of research and collaboration environments described above. Over time, initial funding should lead to cost savings through greater efficiency, economies of scale, less reinventing of the wheel, more transparent understanding of how money is being used, and through recapturing some of the publishing space from vendors with high profit margins. One would also expect to see higher productivity among researchers, though this benefit may not be translated into financial gain.