Tuesday, 16 December 2008

Measuring the value of academic libraries

This article looks at a quantitative study (claimed to be the first of its kind) on the return on investment in an academic library in terms of grant funding across the institution. For the University of Illinois there was a return on investment of $4.38 for every dollar invested in the library...... pretty interesting for us given the research strength here at UTas.

The Library as Strategic Investment: Results of the Illinois Return on Investment Study