Monograph Solutions A National Monograph Strategy ID_No:73 "On the Cost of Keeping a Book",,, by Paul Courant & Matthew Nielson, 2015 Quote from conclusion: It makes the argument that the costs are high and that they sharply increase with the practical usability of a book. As we have seen with a number of journals, it is possible to substitute digitized print works for the original print (while keeping, as in the case of JSTOR, a set of original print copies). The savings in terms of space and the increase in functionality are parallel to the arguments made in this paper. If the cost of digitization is less than the difference in present value between print storage and digital storage, adding back in the cost of maintaining a shared print archive, there will be a net gain to the university sector of digitizing print collections and using the digitized versions for access. For most of our estimates of the cost of ebook and pbook storage, these conditions would hold. If another party, for example, Google or the Internet Archive, under takes the digitization and provides the access, the argument becomes all the stronger. Finally, we note that the argument in favor of moving toward digital versions of books and sharing both electronic and print collections is further enhanced when we recognize that university libraries tend to be located on prime real estate, and that there are uses of central campus stack space—for classrooms, study, offices, and enhanced library services, among others—that would be far more valuable than using that space to store materials most of which are used rarely, provided that access to the materials in aggregate could still be provided reliably. ID_No:74
has been extended through March 2018. ILF only has capacity for 400,000 to 600,00 additional volumes (2 years growth). ? Managing relatively low-use, but valuable, print items centrally is consistent with Best Practices regionally and nationally. FLARE is an active participant in a regional print journal archiving initiative with the Association of Southeastern Research Libraries (ASERL) to ensure members access to titles retained by other libraries in the Southeast, thus eliminating the need for the SUS to retain every journal. Total project budget: $28.1M Prior Funding: 2010-2011 $2.0M Current Request: 2017-2018 18.0M Remaining Need: 2018-2019 $6.7M 2019-2020 $1.4M. ID_No:107 "Scholarly eBooks: Understanding the Return on Investment for Libraries",, The Return on Investment (RoI) of scholarly eBooks in research and academic libraries can be difficult to determine, as the factors considered can vary from library to library, or even from person to person. RoI can be defined as a performance measure used to quantify and evaluate the efficiency of an investment in library resources or to compare efficiency among different investments. While it may seem simply to be a question of money in versus money out, the real difficulty of expressing the overall value of this resource for an institution comes from many contributing factors: Time saved by library staff and researchers Convenience of constant access and online search capabilities Effect on research output and teaching Physical space saved in the library by using electronic resources RoI can be articulated by libraries to provide justification