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Library subs for works licensed under Creative Commons



My colleagues at Yale Library have a license related question for 
the collective wisdom of the group.

One of our subject specialists is interested in setting up online 
access to a particular resource. Our Order Support Team contacted 
the publisher about their license and it seems they do not have 
anything. I.e., staff also searched the resource's web site to 
see whether there is a Terms and Conditions statement we may 
accept by simply filling out the online form and doing the 
necessary links and catalog entries here in the library.  She 
found out that the "work" is licensed under Creative Commons.

The publisher provides users a link at:

http://creativecommons.org/licenses/by-nc-nd/3.0/

But is there anything more we need to do for materials with 
Creative Commons user language?  Creative Commons tells the 
readers how they may re-use the materials (which of course 
assumes the readers will look at the CC link); but 
library-publisher agreements do more than just tell us what users 
may do.  These agreements, even when very simple and brief, 
establish a subscription relationship (this resource is paid) 
between the two parties, with known business terms and conditions 
for access, archives, and so on -- none of these other aspects 
are addressed by Creative Commons.

Thoughts?  Ann Okerson/Yale Library