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Economic aspects of a resource discovery network

Leah Halliday (Department of Information Science, Loughborough University, Loughborough, Leicstershire LE11 3TU)
Charles Oppenheim (Department of Information Science, Loughborough University, Loughborough, Leicstershire LE11 3TU)

Journal of Documentation

ISSN: 0022-0418

Article publication date: 1 April 2001

189

Abstract

Economic aspects of a resource discovery network (RDN) consisting of a centre and eight subject‐based hubs were explored using Ithink Analyst, a modelling software package. A model was developed and simulations were used to monitor the effect of variations in the values of key model elements. The model was based on a recent report which suggested that a RDN could survive on a combination of grant funding and sponsorship. Model elements were manipulated to determine the level of sponsorship required for a RDN to be self sustaining within ten years if grant funding contributed 50% of required income. Additional simulations were used to explore the feasibility of subscription as an income source. The results suggest that with a combination of sponsorship and subscriptions income a RDN could succeed without grant funding within ten years of its launch.

Keywords

Citation

Halliday, L. and Oppenheim, C. (2001), "Economic aspects of a resource discovery network", Journal of Documentation, Vol. 57 No. 2, pp. 296-302. https://doi.org/10.1108/EUM0000000007084

Publisher

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MCB UP Ltd

Copyright © 2001, MCB UP Limited

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