Economic aspects of a resource discovery network
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
:MCB UP Ltd
Copyright © 2001, MCB UP Limited