Managing Intellectual Capital in Libraries: Beyond the Balance Sheet(Chandos Information Professional Series)

In the knowledge economy, professionals have to make decisions about non-tangible, non-monetary, and largely invisible resources. Information professionals need to understand the potential uses, contributions, value, structure, and creation of broadly intangible intellectual capital in libraries. In order to fully realize intellectual capital in libraries, new practices and skills are required for library management practitioners and researchers. Managing Intellectual Capital in Libraries provides research advances, guidelines, methods and techniques for managing intellectual capital in a library environment, and includes analyses and case studies. This book includes a foreword by Anne Woodsworth and is structured into seven chapters, covering: libraries in the knowledge economy; worlds of production and intellectual capital utilization in libraries; identifying and categorizing intellectual capital; measuring libraries’ intellectual capital; financial valuation and reporting of intellectual capital in libraries; and survival analysis for libraries’ intellectual capital resources. The book concludes with a summary, and turns the reader towards future research.

Table of Contents:
Dedication List of figures List of tables List of abbreviations Foreword Preface Acknowledgements About the author Chapter 1: Libraries in the knowledge economy: introducing intellectual capital concepts Abstract: Introduction: libraries within the knowledge-driven economy Intellectual capital: fundamental concepts and definitions Reviewing intellectual capital for libraries Defining intellectual capital management in libraries Summary Chapter 2: Libraries’ Worlds of Production and intellectual capital utilization Abstract: The worlds of intellectual capital utilization The "Worlds of Production" framework analyzed for libraries Libraries’ intangible resources utilization within the Worlds of Production framework Summary Chapter 3: Identifying and categorizing intellectual capital in libraries Abstract: The need to identify and understand specific intangible assets An analysis of library intellectual capital resources Library goodwill and intangible assets Contract-based intangible assets The intellectual capital co-opetition dynamics in library networks Location-related library intellectual capital and the location’s effect on library intellectual capital Summary Chapter 4: Measuring libraries’ intellectual capital Abstract: Introduction Metrics and measurement methods for intellectual capital Metrics for library intellectual capital measurement Balanced Scorecard framework for library intellectual capital measurement Skandia Navigator for library intellectual capital measurement Weights and hierarchy of intellectual capital resources Summary Chapter 5: Financial valuation and reporting of intellectual capital in libraries Abstract: Introduction Finance approach valuation methods for intellectual capital Library value and value calculators Library accounting issues for intellectual capital Methods for intellectual capital reporting in libraries Summary Chapter 6: Survival analysis for libraries’ intellectual capital resources Abstract: Motivation for life analysis of libraries’ intellectual capital resources Survival considerations for intellectual capital in libraries Problem definition and background information Illustrative example for library “user list” intangible resources Applications of library intangible resource reliability analysis Summary Chapter 7: Putting it all together: summary and final thoughts for further research Abstract: A systems perspective for library intellectual capital management Thoughts for future research References Index

About the Author :
Petros A. Kostagiolas lectures in information services management at the Department of Archive and Library Science, Ionian University, Greece. He researches and teaches library management, quality and reliability management, and research methodology, and holds a Ph.D. from the University of Birmingham, UK. Petros has been a co-author of three other books, has published in international journals, and is a regular speaker at conferences.