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Recession As the Mother of Invention: New Models for Hard Times

Recession As the Mother of Invention: New Models for Hard Times. Rick Anderson Associate Director Scholarly Resources & Collections. How hard are these times?. IMLS/LSTA cuts are certain; only the depth is in question (14% or 100%?) University budget situations range from flat to free-fall

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Recession As the Mother of Invention: New Models for Hard Times

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  1. Recession As the Mother of Invention:New Models for Hard Times Rick Anderson Associate Director Scholarly Resources & Collections

  2. How hard are these times? • IMLS/LSTA cuts are certain; only the depth is in question (14% or 100%?) • University budget situations range from flat to free-fall • Browne Report proposes 40% cut to UK higher education • Nevada higher education system preparing for functional bankruptcy • U of Utah preparing for another 7% cut (after a 19% cut in 2009) • California’s governor proposes 18% cut to CSU, 17% to UC • Serial prices continue to rise at roughly 9% annually (books at 3-5%)

  3. Use of Libraries Shifting Radically • Printed books are nearly unused • Libraries are heavily used as study spaces • Social spaces and research spaces are decreasingly distinguishable—in both physical and online realms • No one begins an information search on a library website • “Ask-an-Expert” site use is exploding—but “expert” does not mean “librarian” (cf. OCLC’s “Perceptions of Libraries, 2010”) • Ready-reference means Wikipedia or Google

  4. Circ Trends at the University of Utah

  5. Current realities and controlling truths • The book is a database • In most cases, e is not just better than p, but miles better • Journal issues/subscriptions don’t matter • Articles do; the subscription is just a miniature Big Deal • The library collection is an ungainly, expensive, inaccurate attempt to divine the future • Models don’t matter; only prices do • Patron’s environment is one of information glut and attention deficit

  6. New models follow from these realities • Online  just-in-time (both e and p) • Online  breakdown of collection walls • Higher prices/less budget  less speculation • Higher prices/less budget  less archival purchasing • Less circulation  strong e-only momentum • Online + better data + higher prices + less budget  the end of the Big Deal and of the Medium Deal (title-level journal subscriptions) in favor of the Tiny Deal Bottom line: Less collecting, more brokerage

  7. Bottom line • The future of the library will not look much like a library • Small, focused collections of books • Few subscriptions, if any • No packages • A need for consolidated brokerage service at article level, not title level • Journals are going the way of the record album • We’re headed back to a “song” economy • Journal publishers are going the way of the record label • You can’t make as much on a 99-cent song as you can on a $15 album

  8. Contact rick.anderson@utah.edu

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