- Pilot goals include measuring the impact of library collections on faculty research productivity.
- How do collections support university goals?
- Cost-benefit model for library collections and faculty research
- More than just usage stats and cost-per use, which is what librarians usually look at
- 2009 Springer and Outsell study: time saved by library users, money saved by using the library, revenue generated with help of the library
- Defining value: use or utility (circ, downloads), financial value (ROI), commodity production, impact value, alternative comparison
- usage stats don’t talk about why they used that resource or what they did with it
- commodity production – e.g. articles written by faculty
- impact value: what users are actually doing/using, and what they’re producing as a result
- methodology: interviews, CV analysis, publication citation analysis, contingent valuation
- faculty interviews: how do they use the library? 4 questions regarding resource usage, but interviews allow users to expand more than with just a survey – only 15-20 minutes long
- contingent valuation: determine market price for articles – how much would it have cost to just buy that article from the publisher? – average cost per article, standard deviation for low and high cost
Doing it yourself?
- Align project goals to mission and objectives of the library and institution — for my institution, as a college, we’re more interested in our students’ learning and whether their university transfers are successful than our faculty’s research productivity
- Consider readily available data sources