Establishes a managerial context for the expenditure of funds for research and development by academic libraries. Topics discussed include for-profit research and development; sustaining a competitive advantage; traditional library funding strategies; organization environment; and library strategies for facing an uncertain funding environment.…

The rationale for using Activity-Based Costing (ABC) in a library is to allocate indirect costs to products and services based on the factors that most influence them. This paper discusses the benefits of ABC to library managers and explains the steps involved in implementing ABC in the user services area of an Australian academic library.…

Presents a trend analysis, using the college library as a model, which maps internal and external financial contacts to show the complexity of library financial dealings. Topics discussed include Total Quality Management; the library's financial role in the parent organization and in worldwide finances; and the profession's response to change.…

Discusses changes in libraries and the influence they have on library budgets. Highlights include reorganization in response to changes; automation, including document delivery in place of acquisitions; the library role; relationships with dealers and vendors; library materials, including the expansion of nonprint materials such as databases; and…

Reviews costs involved in running libraries that are usually not considered. Topics discussed include building and maintenance costs, including insurance; growth costs, including print and/or electronic materials; physical expansion and staff; electronics; cost recovery, i.e., user fees; cost centers and overhead; user-related costs, including…

Presents a brief summary of Cooperative Economic Game Theory, followed by a summary of specific measures identified by Nash, Shapley, and Harsanyi. Reviews contexts in which negotiation and cooperation among libraries is of special economic importance, and for two of these contexts-cooperative acquisitions and cooperative automation-illustrates…

The financial environment within library and information services is reviewed and a structure for financial management is presented based on funding source and level of commercial activity. Objectives for financial management of library and information services is developed and reviewed in light of future trends and stakeholder perspectives.…

Analyzes the impact of the rising cost of materials on academic libraries as reflected in members of the Association of Research Libraries (ARL) and the Association of College and Research Libraries (ACRL). Highlights include total library expenditures; materials expenditures; comparisons with price indexes; and the impact of journal…

Discussion of the development of undergraduate libraries focuses on Harvard's Lamont Library. Topics include financial issues, including sources of revenue, computerization, and personnel costs; technological changes, including hypermedia and the virtual library; and organizational changes, highlighting the merger of libraries at Cornell…

Presents budgeting requirements that are needed to meet the electronic library needs in small- and medium-sized academic libraries based on library automation activities at Southern Methodist University (Texas) and a review of the literature. Highlights include cooperative ventures; fund raising; personnel needs; benefits of automation; strategic…

Examines the academic library's information resources budget. Topics discussed include allocation methodologies; academic library budgets; economic and social issues; the library and its relationship to the university; technology and publishing; scholarly communication; user demands; alternatives, including redirecting the budget away from print…