So, the moral of the story is - "In Net Age, Don't make profit from Content, Generate it from Somewhere Else". This "Somewhere Else" is the key to success. And profit does not always mean "money". At least not for a library meant for academic / social purposes. --Sukhdev Singh, NIC. On Wed, Apr 16, 2008 at 7:12 PM, sathya wrote:

Yes. Lots of companies pay tons of money to buy Ad. Space from Google. In less than ten years time, Google has emerged as #1 information company in the world, almost twice bigger than Thomson and Elsevier who use to share #1/#2 slots. Google's 2007 revenue is $16.6 billion. (Rs.65,000 crores). And all this growth, without owning any information!

Sathya ----------------------------------- | N V Sathyanarayana | Managing Director | Informatics (India) Ltd | 194, R V Road, Basavanagudi | Bangalore 560 004. INDIA | ww.informindia.co.in | Phone +91-80-4038-7777 | FAX +91-80-4038-7600 |

-----Original Message----- From: lis-forum-bounces@ncsi.iisc.ernet.in [mailto:lis-forum-bounces@ncsi.iisc.ernet.in] On Behalf Of Sukhdev Singh Sent: Wednesday, April 16, 2008 5:49 PM To: suvarsha_w@yahoo.com Cc: lis-forum@ncsi.iisc.ernet.in Subject: Re: [LIS-Forum] Profit and Value: UNESCO helps preserve Indiandocumentary heritage

-- Does anybody pay to Google? Yet Google is taking over (Buying) more and more companies.

-- Shabir Bhatia gave free email accounts (Hotmail) and become famous and rich.

-- Baba Ram Dev gives free demonstration of Yoga on TV. It is now Famous and Rich.

-- VIRGIN Mobile pays if you receive a Call (Earlier they use to charge Rs. 8 per minute for incoming calls)

-- Magazines like India Today and Out Look gives you Gifts worth equal to their subscription rates.

-- We sell our Old Newspapers at home to scrap dealers and get almost back the cost of its subscription.

All the above are not fools, they have MBAs working for them.

Understand the Business of New Economy!!!.

--Sukhdev Singh, NIC.

...

This discussion is interesting - of making profit and creating value.

A lot of the web is free, yet we use it everyday. It is not devalued just because it is free. And again, there are a lot of people making huge profits (money) by providing things for free - for example this very email service

On Wed, Apr 16, 2008 at 12:40 PM, Suvarsha Walters wrote: that I use for free. It is about creating value - if it is valuable, people will use it and you can also make money with it.

...

A collection of rare material may not be of value to everyone - but it is

of value to a specific set of users - historians, antropologists etc. and it is of great value to a nation in general.

...

If our library has such a collection then we are entrusted with two

responsiblities (our value add for the salary we get) - preserve it and make it accessible.

...

Now how we do it efficienty is left to us - get funds, raise funds;

outsource, do it inhouse.

...

If an external vendor can do it for you more efficiently (for example for

a small collection it may work out cheaper), then you should go ahead with it. The vendor making profits is not our concern at all, as long as he delivers for what he is being paid for. That is his value add to society.

...

Thanks and regards,

Suvarsha

Information Analyst, HP Labs India Bangalore

--- On Wed, 4/16/08, Mailing List Admin

wrote:

...

...

From: Mailing List Admin > Subject: Re: [LIS-Forum] UNESCO helps preserve Indian documentary heritage > To: lis-forum@ncsi.iisc.ernet.in > Date: Wednesday, April 16, 2008, 12:24 AM > Date: Tue, 15 Apr 2008 10:52:49 +0530 > From: Kshipra Sardesai > > Madam, > I also support your views. There is no imprtance or real > valuation of rare > things unless we priced it.I found whatever is free to > public no one > bothers > for the services offered by such organisations like Library > which are doing > a great job of making such things available to public.The > profit makers are > always in search of ways out to make money.Government may > fix some nominal > charges on such rare collection and can divert this revenue > for > digitisation > and infrastructure required for libraries to give best services.

Kshipra Sardesai Asstt Librarian RBI, Bandra Mumbai 400051

On Fri, Apr 11, 2008 at 5:24 PM, Mailing List Admin < > mailman@ncsi.iisc.ernet.in> wrote:

...

Date: Fri, 11 Apr 2008 15:19:29 +0530 > > From: Susmita Chakraborty > > > > > With regard to Mr. Leonard Fernandes' comments, I > have a question to ask > > the LIS community.

When some (rare) resources are uploaded so that > everyone can have it for > > free, is it not defeating the purpose if someone > (publisher or any other > > other profitmaking body) tries to earn profit from > it? On the other hand, I feel that libraries having such > rich archives must > > go > > the digital way(digitization and dissemination of rare > materials) by > > exploring state/national government or other funds and > then try to derive > > some revenue from these resources to cover the running > costs of those > > libraries.

In these days of finance-crunch, it may point out one > way to break-even.

Regards.

Susmita Chakraborty Bengal Engineering & Science University, Shibpur, > Howrah, W.B.

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