Colorado College Logo

  DigitalCC

Use AND (in capitals) to search multiple keywords.
Example: harmonica AND cobos

Return on investment for collaborative collection development : a cost-benefit evaluation of consortia purchasing

by Fong, Yem S., Pan, Denise

Abstract

This paper describes the cost-benefits and the return on investment of one consortium comprised of five separately administered libraries in the University of Colorado (CU) System. With a long history of collaboration, the libraries have developed an ideal cooperative arrangement for acquiring electronic content that is accessible across all campuses. The size and flexibility of this institution-based consortium allows it to be responsive and successful in collaborating across four campuses despite different sized budgets and unique local and institutional constraints. To demonstrate the value of jointly leveraging library budgets to university administrators, the authors conducted a consortium level cost-benefit analysis and describe the methodology used to quantify return on the university’s investment. This paper addresses both qualitative and quantitative outcomes and underscores how consortial participation has become an essential way of doing business.

Note

Published in Collaborative Librarianship, 2(4):183-192

Permission to add this article to Digital Colorado College was given by Ivan Gaetz, co-editor of Collaborative Librarianship.

Administrative Notes

Permission to add this article to Digital Colorado College was given by Ivan Gaetz, co-editor of Collaborative Librarianship.

Copyright
Contact the author for permission to publish.
Publisher
Colorado Library Consortium (CLiC)
PID
coccc:9995
Digital Origin
born digital
Extent
10 pages : illustrations