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Value and Future of Library E-Resources Dr. Carol Tenopir University of Tennessee [email protected] VALA Melbourne, Australia February 2010

Value and Future of Library E-Resources 

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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). - PowerPoint PPT Presentation

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Page 1: Value and Future of Library E-Resources 

Value and Future of Library E-Resources 

Dr. Carol TenopirUniversity of Tennessee

[email protected]

VALA Melbourne, AustraliaFebruary 2010

Page 2: Value and Future of Library E-Resources 

1) Use (i.e., downloads)2) Explicit value (i.e., Interviews)3) Derived values (i.e., ROI)

Value of libraries can be measured in many ways:

Page 3: Value and Future of Library E-Resources 

Usage is an implied value

Page 4: Value and Future of Library E-Resources 

• Purpose• Outcomes• Return on Investment (ROI)

Going beyond implied value to show…

Page 5: Value and Future of Library E-Resources 

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)

Page 6: Value and Future of Library E-Resources 

Phases 1 and 2:Faculty Grant Research Cycle

LIBRARY

ConductResearch

ObtainGrants

WriteArticles

WriteReports &Proposals

Page 7: Value and Future of Library E-Resources 

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

Page 8: Value and Future of Library E-Resources 

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 libraryX

50.79% of these were awardedX

$63,923 avg. grant income=

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

6232 grants expended÷

$36,102,613 library budget

Page 9: Value and Future of Library E-Resources 

Phase 2: Grants only8 institutions in 8 countries

Page 10: Value and Future of Library E-Resources 

Phase 2: ROI Findings

•13.2:1 to 15.5:1ResearchSTM

• 1.3:1 to 3.4:1Research and

TeachingSTM/Hum/SS

• Under 1:1Research and

Teaching

Page 11: Value and Future of Library E-Resources 

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

Page 12: Value and Future of Library E-Resources 

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?

Page 13: Value and Future of Library E-Resources 

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

Value of E-Resources (Faculty comments)

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

Page 14: Value and Future of Library E-Resources 

Impact on Productivity (Faculty comments)

“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

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

Page 15: Value and Future of Library E-Resources 

– 15-30 hours per week finding, accessing, and reading scholarly literature (19 and 17-20)

– 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 (13-34 and 7-24)

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

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

Page 16: 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

Page 17: 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

4)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

Page 18: 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.

Page 19: Value and Future of Library E-Resources 

LibValue (Phase 3): Broaden focus

Page 20: Value and Future of Library E-Resources 

And anticipate change..New Scholarly Endeavors

That Cut Across the Library’s Functional Areas

Research Social / Professional

Teaching / Learning

Scho

larl

y En

deav

ors

Functional Areas

e-science

CollaborativeScholarship

InstitutionalRepositories

Page 21: Value and Future of Library E-Resources 

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

Page 22: Value and Future of Library E-Resources 

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

Page 23: Value and Future of Library E-Resources 

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

Page 24: Value and Future of Library E-Resources 

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

Page 25: 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]