• Title/Summary/Keyword: Economic Value of Library

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Measuring the Economic Use Value of the National Open Access Platform for Accessing Research Papers (국가오픈액세스플랫폼 논문검색시스템의 수요와 경제적 이용가치 측정)

  • Pyo, Soon Hee;Kwon, Nahyun;Lee, Jungyeoun;Moon, Sunung
    • Journal of the Korean Society for Library and Information Science
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    • v.56 no.3
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    • pp.313-334
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    • 2022
  • This study examines the economic use value of Discover, an access service of research papers and a subsystem of the National Open Access Platform (AccessON). Based on previous literature on scholarly communications and in-depth interviews with 14 academic and industrial researchers, the service value of Discover was identified as the value of time savings. Administering a survey with 1,313 researchers, the following empirical data required for estimation were obtained: for an average Korean researcher, s/he publishes 2.84 papers per year and takes 30.13 minutes in searching and using one relevant research paper. Discover was found to save 5.64 minutes per paper, saving a total of 225 minutes and KRW 99,384 per researcher per year. Finally, a total economic value of Discover was estimated as KRW 82 billion for the entire 8-year business period. An additional value of KRW 11.3 billion was estimated with the legalization of mandatory deposit of OA research papers. The study demonstrates a sufficient economic value of the national OA platform project, and positive economic impact of the OA legalization, futher offering important domestic data for future research on economic value of scholarly communications.

The Economic Feasibility Analysis of A Children's Library Construction: The Case of C Innovation City (어린이도서관 건립의 경제적 타당성 분석 - C혁신도시 사례를 중심으로 -)

  • Chang, Durk Hyun;Koo, Bon Jin
    • Journal of the Korean Society for Library and Information Science
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    • v.52 no.2
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    • pp.125-142
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    • 2018
  • Local innovation cities that have recently been being constructed have a large share of the population with highly educated young family with children. There are high demand for children's libraries because of this high percentage of children in the population. In this regard, this study analyzed the economic feasibility of establishing a new children's library in an innovation city as viewed through the case of the C innovation city, where population inflows are increasing recently. In this study, based on a survey, we conducted a cost benefit analysis, as estimating the cost of constructing the library and calculating the benefits from the construction. The economic feasibility was analyzed by calculating the benefit cost ratio, net present value, and internal rate of return.

The Economic Feasibility Analysis of Busan Central Library Construction - For the Four Candidate Sites - (부산대표도서관 건립의 경제적 타당성 분석 - 4곳의 후보지를 대상으로 -)

  • Kang, Hee-Kyung;Chang, Durk-Hyun;Lee, Soo-Sang
    • Journal of Korean Library and Information Science Society
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    • v.45 no.4
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    • pp.409-428
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    • 2014
  • The purpose of this study is to analyze the economic feasibility of Busan Regional Central Library. The four candidate sites were included for the analysis. To achieve the purpose of this study, we applied three types of indices such as Benefit-Cost analysis, Net Present Value, and Internal Rate of Return. We used CVM(Contingent Valuation Method) to calculate the benefit; we conducted two investigations to calculate WTP, which are for pretest and for main survey. From results of pretest, we designed five optimal prices. On the basis of them, main survey was accomplished to figure out WTPs for four candidate sites. The results show that four candidate sites were all feasible from an economic point of view. Of these, the Busan Citizen Park site got the highest point of B/C ratio.

A Study on the Outcome Indicators for Measuring Public Libraries´ Impact on the Community (공공도서관의 지역사회에 대한 영향력 평가 지표 개발에 관한 연구)

  • Cha, Mi-Kyeong
    • Journal of the Korean Society for Library and Information Science
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    • v.37 no.4
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    • pp.311-328
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    • 2003
  • Outcome indicators measuring public libraries´ impact on the community and individual community members have a great utility on the accountability improvement better management and role enhancement. This study identifies such areas of demonstrating public library impacts as economic value, social contribution, and information literacy, by literature review. A framework pertinent to develop public library outcome indicators is suggested for implementing outcome based evaluation in an individual public library´s environment.

Analyzing the Impact of Value Satisfaction on Behavioral Intention to Use E-Resources

  • Kumar, Vinod;Garg, Ruchi Jain;Vandana, Vandana;Zia, Adil
    • Journal of Information Science Theory and Practice
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    • v.10 no.3
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    • pp.1-14
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    • 2022
  • The present study investigates the impact of perceived value metrics in driving satisfaction and behavioral intention to use e-resource among its users. Utilitarian, hedonic, uniqueness, epistemic, and economic are key values selected for the purpose of investigation in the study. This empirical study is carried out through a survey and responses have been analyzed using structural equation modelling. The target group is selected by means of simple random sampling (users of e-resources in selected business schools). Findings of the study reveal that utilitarian values, hedonic values, epistemic values, and uniqueness values have a significant impact on the usage intention of e-resources; however, economic values reflect an insignificant relationship to intention to use e-resources. The study is a distinctive piece of work on investigating the most and the least significant value(s) associated with satisfaction and usage intentions of e-resources.

A Study on the Perception of Librarians of the Impact that Libraries Have on Society

  • Noh, Younghee
    • International Journal of Knowledge Content Development & Technology
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    • v.6 no.2
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    • pp.109-147
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    • 2016
  • This study comprehensively analyzed domestic and foreign literature related to the value and impact of libraries on education, social behavior and economic conditions, developed a survey to investigate the librarians' perception of the libraries' value and impact, and accordingly investigated the perception of librarians according to the types of libraries in which they worked, public versus university. The results showed that the impact is greatest on education and literacy with a mean score of 3.98, followed by their social impact with 3.67 and their economic impact with 3.46. When subordinate items were analyzed it was found that the librarians perceived that the role that libraries are playing in the education area is expanding and their impact on reading and literacy is becoming greater and greater. Libraries were viewed as essential elements for education and the education system. When the difference in perception related to the impact of libraries was compared by types of libraries, the librarians in public libraries tended to rate their facilities higher than the librarians working in universities on most of the items.

Application of Universal Design in Public Library Services (공공도서관 서비스의 유니버설디자인 적용에 관한 연구)

  • Kim, Bo-Il;Cho, Hyun-Yang;Kim, Jong-Ae
    • Journal of Korean Library and Information Science Society
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    • v.42 no.4
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    • pp.181-201
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    • 2011
  • The recent diversification of society surrounding libraries is influencing the services of libraries. This study suggested the directions of public library services from the aspect of the universal design based on the analysis of related systems and cases to provide all users with universal services in accord with the nature of public libraries amid rapidly changing social environment. This study suggests four directions: the "universal design" which is the keyword for pursuing universality of public library services; the pursuit of economic value of public library services based on the universal design; the universal design for the improvement of perception of public library services; change in policies and systems related to public library services through the application of the universal design.

The Information Economy and Information Sharing for an Activation of Information Flow (정보경제와 정보유통의 활성화를 위한 정보공유론)

  • 이순재
    • Journal of Korean Library and Information Science Society
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    • v.32 no.2
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    • pp.187-212
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    • 2001
  • Recently, knowledge and information are recognized as resources which contain important economic, social and individual values. This study investigates a concept of information society, an economic viewpoint of information and informationalism sharing of information. As a result, various plans are suggested such as information policy, recovery of inherent value of information dissolution of information gap and social movement for information sharing.

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A Study on Contribution of Public Library of Korea Open-port City to Local Development: Focused on Cases at Busan and Incheon City (개항도시 공공도서관의 지역발전 기여 연구 - 부산·인천 사례를 중심으로 -)

  • Yoon, Hee-Yoon;Kim, Gyoung Hee
    • Journal of the Korean Society for Library and Information Science
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    • v.53 no.4
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    • pp.51-71
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    • 2019
  • Memory is a mental activity for the future rather than the past, and the responsibility for restoring the memory rests on the current intellectuals. In this context, the library must demonstrate how it contributes to local development by restoring memory and analyzing social roles and functions. Based on the contributions of local development of public libraries as background information and through literature case studies, field surveys and interviews. This study has logically demonstrated local development to the local economic development, regenerating and promoting local culture, and forming a community in the open-port cities of Busan and Incheon. Nevertheless, the contribution of local development in terms of economic, cultural and community formation cannot be perfect. Subsequent research that reflects the historical geography and architectural arts of the library itself, and the perception and value of use of local residents is necessary.

Economic Value Analysis of Document Delivery Services at Foreign Journal Supporting Center by the Parameter Estimates of Bass Diffusion Model (Bass 확산모형 추정에 의한 외국학술지 지원센터 원문복사서비스의 경제적 가치 분석)

  • Choi, Jae-Hwang;Park, Yong-Jae
    • Journal of the Korean Society for information Management
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    • v.25 no.1
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    • pp.61-74
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    • 2008
  • The purpose of this study is to estimate economic value of document delivery services(DDS) at foreign journal supporting center in K University library. For this study, Bass diffusion model, which is widely used in forecasting, especially new product and new service forecasting, was adopted. User survey was also carried out from September 10 to 20, 2007. As a result, useful value(UV) of DDS is estimated about not less than 2,000,000,000 won, and willingness to pay(WTP) is estimated about less than 2,000,000,000 won. This study, economic value analysis at foreign journal supporting center, was limited to DDS, and used methodology for the study is also limited to UV and WTP. Demographic analysis(i.e., sex, age, occupation, educational level) for UV and WTP is also conducted.