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Electronic Access and Research
Efficiencies – Some Preliminary Findings
from the University of Tennessee
Library’s Return on Investment ROI
Analysis
Electronic Resources & Libraries
February 1, 2010
Gayle Baker & Ken Wise
Talk Outline
Phase I Return-on-investment (ROI) project at University of Illinois, Urbana-Champaign
Phase II ROI project
Results at University of Tennessee
Phase III
Phase I - Goal
Demonstrate role of library information
resources in generating research grant
income for the institution.
For every monetary unit spent on the library,
the university receives “X” monetary units in
return
Phase I - Data
Faculty – Survey (quantitative and
qualitative)
Grant proposals – University-supplied data,
faculty survey
Grant income – University-supplied data
Library – Total budget (including collections,
facilities, personnel, etc.)
Administrative priorities – Personal
interviews
Phase I
Grants ROI Model for UIUC
78.14% faculty w/ grant proposals using citations from library
X
50.79% award success rate from grants using citations from library
X
$63,923 average grant income
=
$25,369 avg. income generated from grants using citations from library
X
6232 grants expended
÷$36,102,613 library budget
=
$4.38 grant income for each $1.00 invested in library(ROI value expressed as 4.38:1 ratio)
Phase I - ROI Project
University investment in the library: What’s the return? A case
study at the University of Illinois at Urbana–Champaign
Judy Luther, President, Informed Strategies
http://libraryconnect.elsevier.com/whitepapers/0108/lcwp010801.
html
The Library as Strategic Investment: Results of the Illinois
Return on Investment Study
Paula T. Kaufman
http://liber.library.uu.nl/publish/articles/000269/article.pdf.
Phase II
To test Phase I methodology
8 institutions in 8 different countries
Phase II Results
Faculty Survey
Grant ROI
Discipline Distribution51, 17%
41, 14%
92, 31%
25, 8%
64, 22%
23, 8%
Physical Sciences
Life Sciences
Social Sciences
Health Sciences
Arts & Humanities
Other
Academic Rank
109, 37%
74, 25%
98, 33%
13, 5%
Professor
Associate Professor
Assistant Professor
Faculty Administrative
Proposals Submitted
Importance of Journal Articles
Number of Respondents as PI
Descriptions of coded
responses
Availability / location
Efficiency / saves time
Expands research range
Timeliness / currency
Collaboration
Miscellaneous
Negative
Comments by Position
Comments by Discipline
Examples of comments
Makes my work significantly more
efficient. Compared to the time I began
my career over 25 years ago, I spend
less than 10% of time on
finding/accessing information and
articles. Also, it has likely expanded the
amount of material available tenfold.
(Soc. Sci./Admin.)
Examples…
It has saved me an enormous amount of
time. Not only is there less need to visit
the library but because I can get answers
to questions so quickly I can move on
with the formulation and re-formulation of
questions much more rapidly than in the
past. (Soc. Sci. / Asst. Prof.)
Examples…
It has made me much more efficient. I
can the same work in about 1/10th the
time. Unfortunately, the literature has
grown 10-fold, so I am just breaking
even. I could not keep up with the
scientific field without electronic access.
Also much easier to find pertinent
articles. (Life Sci. / Prof.)
Examples…
Electronic access has dramatically changed the way I carry out research and teaching. I know access articles from a much wider range of sources (especially journal articles and websites), instead of relying on just the main journals in my field. It's easier to assign readings for classes and I find that students have gotten very good at finding their own electronic resources. I tend to avoid resources that are not in electronic format (including some of my own older publications). (Phys. Sci. / Prof.)
Examples…
It has provided for more continuity in my
work by reducing the average time
needed to acquire a source. It has also
enabled me to free up time that used to
be used going to the library and visiting
various sections of the library. It has also
broadened the compass of sources used.
(Other / Assoc. Prof.)
Examples…
For me the biggest change brought about by access to electronic resources is that it has become far easier for me to do a quick informal search of the literature. I now routinely do quick searches to answer minor questions or to "pre-research" an idea to see if it may have scientific merit. I think it helps me make more efficient use of time for the granting process, and also makes me a better-informed, more up-to-date instructor. (Life Sci. / Asst. Prof.)
Phase II
Grants ROI Model
Phase II ROI results for UTK
For every dollar invested in the UTK libraries, the university receives a return of $3.44 in research grant income.
Write-up for Phase 2 Study
http://www.elsevier.com/wps/find/librariansin
fo.librarians/lc_home
Available in March 2010
IMLS grant for 3 years
Dr. Carol Tenopir and Paula
Kaufman, Dean of Libraries, UIUC
Value, in addition to ROI
Phase III
IMLS Grant for Lib-Value Study
Questions?