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).
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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
$4.38 grant income for each $1.00 invested in library
78.14% faculty with proposals using citations from library
50.79% of these were awarded
$63,923 avg. grant income
$25,369 avg. grant income generated using citations from library
6232 grants expended
÷$36,102,613 library budget
Research and Teaching
Research and Teaching
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
“Access has made collecting research resources infinitely more efficient; and facilitated interdisciplinary research.” North American University
“…Such access has become an essential research tool.”
“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
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.
Teaching / Learning
Social / Professional
The library’s products and services …
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
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]