sn2024snu

Publisher

Springer Nature
Agreement ID sn2024snu
Agreement labeling Read and Publish Agreement
Has the agreement been fully disclosed and published? No
Agreement period 01/01/2024 – 12/31/2026
Consortia / Institution Seoul National University
Country South Korea
SIZE

Approximate range of annual corresponding author publications

 445
Comments on size/article output 1. The number of OA publications targets only Springer’s Hybrid journals
2. The institution’s OA publication count in 2022 is 35 articles
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
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?

 Article entitlements per year have been set, and no discount is available if entitlements are exceeded.

The number of eligible articles (article base) can be rolled over to the year after, but it will expire at the end of the license term.(Additionally received corridor cannot be rolled over to the next year)
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, with some journals using a CC BY-NC license as default
ARTICLE TYPES
 Original research articles
Review articles
Brief communication, Continuing education
ACCESS COSTS

What is the approximate share of access related costs of the overall agreement?

 5%-20%
Comments 15.7% of the total cost is allocated for reading fees (fixed for 3 years)
ACCESS COVERAGE

Are all read relevant journals covered by the agreement?

 Yes
PERPETUAL ACCESS RIGHTS Yes
WORKFLOW ASSESSMENT Too early to assess
Request contact to the licensee contact [at] esac-initiative [dot] org