The Economics of Libraries

Libraries are included in the widely accepted definition of Cultural and Creative Industries, together with heritage, performing arts, museums, visual arts, and archives, and they play an important role in the creative value chain. The Economics of Libraries highlights the economic importance of the library sector.

Providing an accessible and concise expert overview of the most important economic features and diversified functions of libraries, the authors also summarise the challenges and opportunities deriving from digital technologies, the management of cultural infrastructures, and audience development. This unique short-form book fills a longstanding gap in our understanding of the demand and supply of library services.

This book will be of interest to researchers and scholars in the fields of economics and the creative and cultural industries. It also provides useful insights for students and lecturers, as well as topics of discussion for professionals.

"A ground-breaking and timely book on one of the major cultural institutions. A systematic overview on the economic analysis of library activities and their interaction with society and wellbeing. The work also addresses the challenges of the digital revolution as well as the new functions and sustainability of libraries. Undoubtedly a key contribution for cultural economists, and highly stimulating for professionals." Luis César Herrero, University of Valladolid, Spain