The Economic Value of Book Loans – The Case of the Municipal Library of Prague

Stejskal, Jan; Hájek, Petr; Řehák, Tomáš

doi:10.1515/libri-2016-0057

Cited by 2 publications

(2 citation statements)

References 26 publications

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“…Different groups of e-book readers create demand, and the volume of this demand is influenced by various factors which need to be analysed according to each group's willingness to request access to a printed book or e-book. A number of studies have addressed the WTP for the provision of books (Fujiwara et al, 2019;Lee and Chung, 2012;Stejskal et al, 2016) and e-books (Ahmad and Brogan, 2016;Min et al, 2011;Stejskal and Hajek, 2015). All studies concluded that regular readers (e.g.…”

Section: El 394mentioning

confidence: 99%

The role of library user preferences in the willingness to read and pay for e-books: case of the Czech Republic

Stejskal

Hájek

Prokop

2021

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Purpose The study aims to analyse library user preferences in the willingness to read and pay for e-books, using a sample of both active readers (users of public library services) and non-users (the general population). Design/methodology/approach Two empirical surveys were conducted from August to November of 2019; the research sample consisted of 1,334 users from the Municipal Library of Prague and 1,101 non-users from the general Czech population. The research was focussed on e-book user preferences. The willingness to pay (WTP) for e-book services and the determinants that affect this willingness were also examined. Findings The results show the specific approach of Czech readers, whose main determinant of WTP is not the content, but the price and method of its payment (allocation). Some people prefer a cheaper annual lump sum, whereas others may prefer a charge of small regular fees. The decision to pay depends on their reading or payment habits. Originality/value This study also aims to clarify the demand for various types of digital media in Czech libraries and the preferred distribution models. Furthermore, the study determines the dependence of the preferences of library users in their WTP for e-books using different evaluation models. The originality of this study is in the evaluation of the determinants of WTP for e-books, which makes this study unique, and the findings should contribute to the expansion of existing knowledge in the field of information science.

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Section: El 394mentioning

confidence: 99%

The role of library user preferences in the willingness to read and pay for e-books: case of the Czech Republic

Stejskal

Hájek

Prokop

2021

Self Cite

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“…The research of Stejskal et al (2016) focused on a detailed investigation of the most important public library service-book loans. For this purpose, they have used statistical models to identify the significant determinants of WTP for book loans and WTP for purchasing books.…”

Section: Evaluation Of a Library's Economic Valuementioning

confidence: 99%

A study of the evaluation of a library’s economic value based on the users’ and librarians’ perceptions

Noh

2020

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Purpose This study aims to develop an evaluation index to evaluate the economic value among the values of the library and also attempts to measure the economic value of the library by performing a survey of the librarians and users at public libraries. The results of this research would likely encourage the librarians to feel increasingly confident about the library, while students and users, in general, would also likely be able to realize the economic value and presence of the library in more perceptive ways, thereby contributing to the activation of the library. Design/methodology/approach This study pertains to the development of an evaluation index for assessing the economic value of the library and, to evaluate the economic value of the library, has derived a preliminary evaluation index by collectively gathering and analyzing the domestic and foreign papers on the value of the library in its first phase. The preliminary evaluation index derived was verified by conducting three phases of Delphi survey by selecting ten experts. The survey questionnaire was developed to measure the economic value based on the final evaluation index derived from this study, and the economic value was measured against the perceptions of librarians and users of the public library. Findings The economic value of the library was divided into the four categories of the local economy’s value enhancement, namely, connection with the local community, human resources development, job creation and investment value enhancement for the librarians and users surveyed for assessment purposes. Consequently, the area of connection with the local community turned out to be the highest at 4.15, followed by 4.02 of the investment value improvement, 3.58 for the local economy’s value improvement and 3.50 for the human resources development and job creation, respectively. Furthermore, the respondents demonstrated the highest level of consensus on average on how the resource sharing by libraries has helped to reduce the economic burden for the residents as a matter of social value for the public library while believing that the libraries deliver a high level of return on social investments. Originality/value There are not that many studies conducted on the economic influence or the value of public libraries in Korea, and they are merely referenced in part if and when referenced to the overall value of the library. Given that, the research that focuses only on the economic value of the library must be carried out. In this respect, this research has been quite meaningful. The evaluation index developed in this research is likely to become a basic tool that can be applied to public libraries, as well as other types of libraries. Furthermore, the evaluation index developed through this research could be applied to nonprofit organizations, such as libraries, and would likely have a social ripple effect as a research that evaluates and presents the economic value of libraries. Accordingly, in this research, we have analyzed the list presented by the American Library Association and domestic research results, and have also structured the core details and derived the preliminary economic value index. Finally, 4 evaluation areas, 7 evaluation items and 22 evaluation indicators have been developed through the Delphi survey through three phases.

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The Economic Value of Book Loans – The Case of the Municipal Library of Prague

Cited by 2 publications

References 26 publications

The role of library user preferences in the willingness to read and pay for e-books: case of the Czech Republic

The role of library user preferences in the willingness to read and pay for e-books: case of the Czech Republic

A study of the evaluation of a library’s economic value based on the users’ and librarians’ perceptions

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