Springer Nature has agreed on a Transformative Agreement (TA) in Hong Kong with all member libraries of the Joint University Librarians Advisory Committee (JULAC). This is the publisher’s first TA in this important region and, with over 700 articles published OA each year, will be the region’s largest TA. With China now leading the world in terms of research output, it also marks a significant step forward in the global transition to OA.
The three year agreement, effective from January 1, 2024, will allow affiliated researchers to publish OA in more than 1,900 hybrid journals published by Springer Nature. As part of the agreement, participating institutions retain access to all the journals they have subscribed to. As a result researchers in Hong Kong will benefit from increased global visibility of their work - up to 6x more downloads than non-OA content; increased citations and engagement that OA provides; and increased cross collaboration, and facilitation of global research due to greater reach of OA content.
TA’s are the most sustainable and effective way to move towards a fully open environment at scale - not only increasing the publication of OA content but also supporting increased usage of subscription content. Springer Nature’s TAs now support researchers from over 3,500 institutions globally to publish OA. More on the publisher's commitment can be found here, and the impact of its OA portfolio in its recent OA report.
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