31 Aug 2004
CS 5244: Policy
41
A cost model for libraries
¡Griffiths & King (93): corporate employees
lFound that US companies spent about $400-1K per capita on libraries.
lReported about 3:1 return on investment
¡With library:
¡$515 Library subscription
 cost
¡$95 Library
¡
¡No library:
¡$3300 Cost to access
 individual materials
¡
¡These cost only includes buying material, not administrative time in acquiring them.
¡So actual savings is higher.