Value and future of library e resources
This presentation is the property of its rightful owner.
Sponsored Links
1 / 25

Value and Future of Library E-Resources  PowerPoint PPT Presentation


  • 76 Views
  • Uploaded on
  • Presentation posted in: General

Value and Future of Library E-Resources . Dr. Carol Tenopir University of Tennessee [email protected] VALA Melbourne, Australia February 2010. Value of libraries can be measured in many ways:. Use (i.e., downloads) Explicit value (i.e., Interviews) Derived values (i.e., ROI).

Download Presentation

Value and Future of Library E-Resources 

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Value and future of library e resources

Value and Future of Library E-Resources 

Dr. Carol TenopirUniversity of [email protected]

VALA

Melbourne, Australia

February 2010


Value of libraries can be measured in many ways

Value of libraries can be measured in many ways:

  • Use (i.e., downloads)

  • Explicit value (i.e., Interviews)

  • Derived values (i.e., ROI)


Usage is an implied value

Usage is an implied value


Going beyond implied value to show

Going beyond implied value to show…

  • Purpose

  • Outcomes

  • Return on Investment (ROI)


Three phases

Three phases

  • Phase 1: ROI in grants, case study at University of Illinois, Urbana-Champaign (completed 2008) http://libraryconnect.elsevier.com/whitepapers/0108/lcwp010801.html

  • Phase 2: ROI in grants, expanded to 8 countries (report coming soon)

  • Phase 3: Value and ROI for grants/research, teaching, student engagement (2010-2012)


Phases 1 and 2 faculty grant research cycle

Phases 1 and 2:Faculty Grant Research Cycle

ConductResearch

WriteArticles

LIBRARY

WriteReports &Proposals

ObtainGrants


Return on investment roi

Return on Investment (ROI)

ROI is a quantitative measure expressed as a ratio of the value returned to the institution for each monetary unit invested in the library.

For every $/€/£ spent on the library,the university received ‘X’ $/€/£ in return.

Demonstrate that library collections contribute to income-generating activities


Roi model for university of illinois phase 1

ROI Model for University of Illinois (Phase 1)

$4.38 grant income for each $1.00 invested in library

78.14% faculty with proposals using citations from library

X

50.79% of these were awarded

X

$63,923 avg. grant income

=

$25,369 avg. grant income generated using citations from library

X

6232 grants expended

÷$36,102,613 library budget


Phase 2 grants only 8 institutions in 8 countries

Phase 2: Grants only8 institutions in 8 countries


Phase 2 roi findings

Phase 2: ROI Findings

Research and Teaching

  • Under 1:1

Research and Teaching

STM/Hum/SS

  • 1.3:1 to 3.4:1


Phase 2 why does roi for grants vary

Phase 2: Why Does ROI for Grants Vary?

ROI depends on institutional mission

Research institutes have high grants ROI

Teaching universities have lower grants ROI

ROI varies depending on methods of government funding

Be cautious comparing ROI across institutions


Roi value and beyond faculty survey questions

ROI Value and Beyond: Faculty Survey Questions

  • Importance and number of citations?

  • What % of citations from the library e-collection?

  • For each cited, how many others do you read?

  • In a typical week, how many hours do you spend, finding, reading articles?

  • How has access to e-resources through the library changed your work?


Value of e resources faculty comments

Value of E-Resources (Faculty comments)

“Access has made collecting research resources infinitely more efficient; and facilitated interdisciplinary research.” North American University

“…Such access has become an essential research tool.”

Asian University


Impact on productivity faculty comments

Impact on Productivity (Faculty comments)

“I guess that on average the online access saves me more than 10 hours per week.” Western European Research Institute

“The convenience of desktop delivery has improved my efficiency and dare I say it my ability to be a better researcher and teacher.” Asian University


Survey findings by grants roi levels high medium low

Survey Findings by Grants ROI levels:High; Medium; Low

  • 15-30 hours per week finding, accessing, and reading scholarly literature (19 and17-20)

  • 75% of citations came from library electronic journals (75% and 50%)

  • 95% considered references are essential (94-96% and 93-94%)

  • 18-31 books or articles in each proposal submitted (13-34and 7-24)

  • For every article cited, 27-40 are read (18-19and 24-25)


Value and future of library e resources

Administration Values: Measuring Up

  • 1) Attract outstanding faculty

    • Faculty with more publications and citations obtain more grants.*

    • Faculty who publish more read more

    • Faculty who receive awards read more

  • 2) Retain outstanding faculty

    • - “I would leave this university in a microsecond if the library deteriorated” - U.S. University

  • *Ali & Bhattacharyya, “Research Grant and Faculty Productivity Nexus: Heterogeneity among Dissimilar Institutions.” Academic Analytics


Value and future of library e resources

Administration Values: Measuring Up (cont)

  • 3) Foster innovative research

  • - “I am now able to explore and trace back topics and check the developments that arose along the topic history making connections that were only dreams a few years ago.” -Western European Research Institute

  • Build research reputation of institution

    • In 1 university, over 10 years a 1% increase in library budget correlates with a 1.07% increase in grant funding

    • In another, over 10 years a 1% increase in library budget correlates with a 1.21% increase in grant funding


Value and future of library e resources

Administration Values: Measuring Up (3)

5) Promote seamless integration of the library with institutional research activities

- “With the current workload, I could not continue with research without the convenience of access from my own computer” – South African University

- A doubling in article downloads, from 1 to 2 million, is statistically associated with dramatic increases in research productivity**

**Research Information Network. 2009. E-journals: their use, value and impact. Report prepared by Research Information Network.


Libvalue phase 3 broaden focus

LibValue (Phase 3): Broaden focus


And anticipate change new scholarly endeavors that cut across the library s functional areas

And anticipate change..New Scholarly Endeavors That Cut Across the Library’s Functional Areas

Teaching / Learning

Research

Social / Professional

e-science

Collaborative

Scholarship

Scholarly Endeavors

Institutional

Repositories

Functional Areas


Downstream measures by library functional area for students and faculty

Downstream Measures by Library Functional Area (for students and faculty)


What we can show so far

What we can show so far…

  • Academic library collections help faculty be productive and successful

  • Libraries help generate grants income

  • E-collections are valued by faculty no matter where in the world

  • ROI for grants varies by mission and location of institution

  • Value can be measured in many ways


What we hope to show

What we hope to show…

The library’s products and services …

  • Help faculty be successful

  • Help students be successful

  • Generate both immediate and downstream income

  • Provide value and return on investment


Some final thoughts on measuring value

Some Final Thoughts on Measuring Value

Tie what you measure to the mission of the university

Measure outcomes, not inputs

Quantitative data can show ROI and trends

Qualitative data tell a story

No one method stands alone


Value and future of library e resources

Tenopir, C. 2009. University Investment in the Library, Phase II: An International Study of the Library’s Value to the Grants Process. Report prepared for Elsevier LibraryConnect.For further information: [email protected]


  • Login