Academic libraries are shifting more budget towards e-resources due to rising costs. At Utah State University Libraries, over half the budget goes to collections, with most discretionary funds now spent on e-resources. Usage data shows acceptance and demand for ebooks is growing, with the percentage of available ebook titles used each year increasing. This suggests researcher behavior is changing and the future of the scholarly monograph may be electronic.

1. Academic Library Buying Patterns: Shifting Budgets and More e-Resources Richard W. Clement Dean of Libraries Utah State University

2. The View from the Top At Utah State University Libraries Collections comprise more than half of the budget The other major component is personnel Operating costs are a small portion Almost all our discretionary money goes into collections

3. Collections Before the current budget crisis, collection budgets have continued to grow, but not at the rate of inflation Through the current crisis, our e-resources have been protected, and additional funding at 9% has been provided to compensate for inflation Some traditional collection funds have been lost Scholarly monographs have taken the brunt of cuts

4. Collection Priorities Protect E-journals (large packages) / cancel print journals Protect full-text databases / cancel indices Protect and adjust Approval Plans to favor e-books Expand patron-driven selection Concentrate on acquisition of primary source materials and digitize them Concentrate on developing and facilitating Open Access publications across the institution

5. The Future of the Scholarly Monograph The scholarly journal has gone electronic Is the future of the scholarly monograph electronic? Anecdotal evidence suggests that scholars in the Humanities are not ready to adopt an electronic monograph But hard data on usage suggests otherwise …

6. Printed Book Usage Traditionally 20% of a collection has supported 80% of the circulation Snapshot of data (OhioLink: 88 libraries comprising over 48 million books) in 2007 indicates that 12.9% of collection supported 80% of circulation from the date of joining OhioLink to 2007 In one year from Spring 2007 to Spring 2008, 6.5% of collection supported 80% of the circulation With thanks to Celeste Feather of OhioLink for permission to use this study

8. Oxford Scholarship Online – First 4 subject collections on market, mostly 2001-2009

10. What Does Ebook Usage Tell Us? 80% of use in FY 08 came from 33% of the titles (1 year) 80% of use in FY 08 and FY09 came from 38% of the titles (2 years) Adding projected FY10 data: 80% of use will come from 40% of titles (3 years) FY09 stats for OUP Music, Classics, History, Literature all 76% to 86% of titles used

11. Implications Libraries can achieve administrative and cost efficiencies by acquiring complete packages of high interest material rather than using title by title selection Usage from a stable population of titles is expanding; using higher % of ebook titles available each year indicates greater acceptance Researcher behavior is changing dramatically with mass arrival of ebooks

13. For databases, full-text, with very few exceptions

14. Approval plans moved to ebooks