As an author, you own copyright to your work the moment you fix it in a tangible medium of expression. You retain that copyright until you give some or all of it away.
Open access is compatible with copyright.
Authors of open access works retain the right to:
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A "bundle" of exclusive rights, which include reproduction of works; distribution of copies; public performance and display of works; and making of derivative works.
An added agreement to a publisher's standard copyright transfer agreement that, if accepted, allows the author to retain certain rights to his/her work.
Restricting access to a work for a specific period of time before making it freely available.
A license which gives someone the exclusive right to exploit the agreed upon intellectual property rights.
A license which gives someone permission to exercise certain rights while enabling the copyright owner to continue exercising these rights and/or to authorize others to do so.
A license that may be terminated by the licensor at any time during the term of the license agreement, with or without cause.
A license that cannot be terminated by the licensor.