| Publisher |
Elsevier |
| Agreement ID | els2024nst |
| Agreement labeling | NST-Elsevier Agreement |
| Has the agreement been disclosed and published? | To be published on www.nst.re.kr |
| Agreement period | 01/01/2024 – 31/12/2026 |
| Consortia / Institution | National Research Council of Science & Technology |
| Country | South Korea |
| SIZE
Approximate range of annual corresponding author publications |
1000 |
| Comments on size/article output | This agreement grants the publication of 1,650 hybrid open access articles over three years, representing approximately 55% of the annual publication volume |
| COSTS
How do the costs of the agreement relate to previous subscription-only agreements with the publisher? |
Agreement costs within the range of the previous spending level |
| Comments on cost development | The total cost is barely manageable within the budget, with a slight increase in OA article entitlement during the contract extension |
| FINANCIAL SHIFT
Transformative agreements vary by their transformative mechanisms, meaning the way in which financing is shifted from the subscription side to open access publishing. What are the characteristics of this agreement to this regard? |
Subscriptions partly converted to OA publishing fees |
| RISK SHARING
How do entitlements for open access publishing correlate to the anticipated article output? Which mechanisms for risk sharing have been agreed in cases of exceeding or not reaching the number of OA publishing entitlements? |
The OA allowance must be exhausted by end of each calendar year. Allowance is split allocated per institution and unused allowances may be transferred within each calendar year between institutions. |
| OA COVERAGE
Are all journals relevant to your affiliated authors (in which you expect them to publish) eligible for OA publishing under the agreement? |
No |
| Are fully open access journals covered by the agreement? | No |
| OA LICENSE | CC-BY preference, exceptions allowed |
| ARTICLE TYPES |
Original research articles Review articles Letters |
| ACCESS COSTS
What is the approximate share of access related costs of the overall agreement? |
20%-50% |
| ACCESS COVERAGE
Are all read relevant journals covered by the agreement? |
No |
| PERPETUAL ACCESS RIGHTS | Partly (e.g. to core journals only) |
| WORKFLOW ASSESSMENT | Ok |
| OVERALL ASSESSMENT AND COMMENTS | We need to further increase the proportion of OA articles moving forward. We also have a consistent demand for the inclusion of Gold OA. |
| Request contact to the licensee | contact@esac-initiative.org |