Essential Business Information for Engineering Librarians

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Essential Business Information for Engineering Librarians. Megan Sapp Nelson, Asst. Professor of Library Sciences, Purdue University, West Lafayette, IN. Business Research Consists of. Engineering Librarians Most Frequently Need to Know: . Company Research. Includes: Financial data - PowerPoint PPT Presentation

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Essential Business Information for Engineering Librarians

Essential Business Information for Engineering LibrariansMegan Sapp Nelson, Asst. Professor of Library Sciences, Purdue University, West Lafayette, INWith entrepreneurship curricula, were running into more and more questions about business information. These sources will get you started, but dont even scratch the surface. Have your B.L. phone number on speed dial!1Business Research Consists ofThese areas, along with patents/intellectual property, and engineering primary and secondary information make up the information used by entrepreneurs in business planning. 2Engineering Librarians Most Frequently Need to Know: If economics or accounting come up, stop, pick up the phone to your business librarian, and hand them off. Like patents and IP requires much in-depth knowledge that requires extensive knowledge of sources.3Company ResearchIncludes:Financial dataProfilesSWOT (Strengths, Weakness, Opportunities, Threats) AnalysisCompetitorsStrengths, Weaknesses my company (internal)Opportunities, Threats the industry (external)4SWOT Analysis5Company Research SourcesResources:Thomas Register http://www.thomasnet.comEDGAR http://www.sec.gov/edgar.shtmlCompany Websites

Thomas Register not complete, businesses have to pay to be included.EDGAR Securities and Exchange Commission6Market ResearchMarket Research ReportsMarket Share/Size

Market Research SourcesUS Commercial Service Market Research Library http://www.buyusainfo.net/adsearch.cfm?search_type=int&loadnav=no (Free registration with Export.gov)

Databases are Very expensive; almost always require subscription; will change depending upon your institutions budget for business databases. 7Industry ResearchClassification SchemesSurveys/OverviewsStatistics

US classification schemes SIC and NAICS codesNAICS Canada, Latin and South America use as well.8Industry Research SourcesYahoo Finance Industry Profiles http://biz.yahoo.com/ic/ Current Industrial Reports (U.S. Census Bureau) http://www.census.gov/cir/www/index.htmlUS Economic Census - http://www.census.gov/econ/census/snapshots/index.html

NAICS and SIC codesUS Economic Census: Point to snapshots also drill down tables and zip code statistics9Country ResearchStatisticsProfilesEconomic Conditions

Country Research SourcesWorld Development Indicators http://ddp-ext.worldbank.org/ext/DDPQQ/member.do?method=getMembers&userid=1&queryId=6UN Data http://data.un.org/10Demographics ResearchStatistics

Demographics SourcesUS Census Bureau American FactFinderhttp://factfinder.census.gov/home/saff/main.html?_lang=enStatistics by Country UN http://unstats.un.org/unsd/methods/inter-natlinks/refs3.htmDemographic and Social Statistics UN http://unstats.un.org/unsd/demographic/default.htm11Your most important resourceGet to know your colleagues specializing in business information.12ResourcesKirkwood, Hal. Business Research Concept Map. http://www.lib.purdue.edu/mel/bizmap/BusinessResearch.html

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