Stewardship of the Evolving Scholarly Record: From the Invisible Hand to Conscious Coordination

OCLC Research has released Stewardship of the Evolving Scholarly Record: From the Invisible Hand to Conscious Coordination.

Here's an excerpt from the announcement:

Key highlights include:

  • As the scholarly record continues to evolve, conscious coordination will become an important organizing principle for stewardship models.
  • Past stewardship models were built on an "invisible hand" approach that relied on the uncoordinated, institution-scale efforts of individual academic libraries acting autonomously to maintain local collections.
  • Future stewardship of the evolving scholarly record requires conscious coordination of context, commitments, specialization, and reciprocity.
  • With conscious coordination, local stewardship efforts leverage scale by collecting more of less.
  • Keys to conscious coordination include right-scaling consolidation, cooperation, and community mix.
  • Reducing transaction costs and building trust facilitate conscious coordination.
  • Incentives to participate in cooperative stewardship activities should be linked to broader institutional priorities.

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Author: Charles W. Bailey, Jr.

Charles W. Bailey, Jr.