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"Open access (OA) refers to the free, immediate, online availability of research outputs such as journal articles or books, combined with the rights to use these outputs fully in the digital environment. OA content is open to all, with no access fees."
Definition from:
Springer Nature. (n.d). The fundamentals of open access and open research. https://www.springernature.com/gp/open-research/about/the-fundamentals-of-open-access-and-open-research.
Green: Self-archiving of pre-prints* or post-prints** in repositories.
Gold: Publishing under a Creative Commons or similarly open license by a journal. Gold journals usually require authors (or another funder) to pay an article processing charge (APC) to publish.
Hybrid: A traditional subscription journal that allows authors (or another funder) to pay an APC to make their specific article OA. Differs from Gold in that a subscriber (such as a library) still needs to pay for access to the journal.
Diamond/Platinum: Journals that publish OA but do not require authors to pay APCs. These are usually funded by organizations or institutions.
Bronze: Free-to-read journals available on publisher pages. They usually lack an identifiable license.
*Pre-print: copy of the article before it has been reviewed by a publisher
**Post-print: copy of an article that has been reviewed and published, but not yet formatted for publication