Journal of the Korean Society for Library and Information Science 2023 KCI Impact Factor : 0.84
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A Critical Review of Research on the Economic Valuation of Libraries
- Journal of the Korean Society for Library and Information Science
- 2011, 45(4), pp.27-52
- DOI : 10.4275/KSLIS.2011.45.4.027
- Publisher : 한국문헌정보학회
- Research Area : Interdisciplinary Studies > Library and Information Science
- Received : October 6, 2011
- Accepted : November 14, 2011
KO, YOUNG MAN 1, SHIM, WONSIK 1
1성균관대학교
Accredited
ABSTRACT
The value of the library has always been recognized positively. Economic valuation of libraries and their services uses a concrete methodology that enables the quantification of library value and communication of said value among library stakeholders. This paper presents a comprehensive review of literature on economic valuation of the library based on a total of 89 studies conducted over the last quarter-century. Research on library valuation began in the mid-1990's with the formal exploration of the value of public libraries from a theoretical point of view. In the 2000's, various theories and methodologies were reviewed and put into actual measurement studies. The comprehensive review and analysis point to the need for the development of consistent and reliable set of methods, which will facilitate further application of methods and comparison of results.
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This paper was written with support from the National Research Foundation of Korea.