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Article
Can We Afford That?: One Library’s Transition to a Data-Rich Acquisitions Environment for E-Resource Budgeting and Forecasting
Technical Services Quarterly (2017)
  • Kelly M Robinson, Embry-Riddle Aeronautical University
Abstract
Despite the myriad of new electronic resources and acquisitions models that have emerged in the 21st century, for many libraries the acquisitions budget remains structurally unchanged. Research reveals that the traditional, hierarchical budget structure may not be adequate for modern acquisitions, and that new concepts in budgeting and data collection are necessary for understanding e-resource costs. Through examining cases in the literature, determining best practices in e-resource budgeting and planning, and applying these, the Hunt Library at Embry-Riddle Aeronautical University experienced better accuracy in on-demand acquisitions statistics and created a forecast for future e-resource spending.
Keywords
  • acquisitions,
  • budgeting,
  • electronic resources,
  • library budgets
Publication Date
June 22, 2017
DOI
10.1080/07317131.2017.1321377
Citation Information
Kelly M. Robinson (2017) Can We Afford That?: One Library’s Transition to a Data-Rich Acquisitions Environment for E-Resource Budgeting and Forecasting, Technical Services Quarterly, 34:3, 257-267, DOI: 10.1080/07317131.2017.1321377