Springer, in collaboration with PCG (Publishers Communication Group) released a white paper, Scholarly eBooks: Understanding the Return on Investment for Libraries, today. It is available for a free download from the Springer site.
The following is the introduction: 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 Continue reading Scholarly eBooks: Understanding the ROI for Libraries, a Springer White Paper