A short set of 4 powerpoint slides summarising the findings on the economic impact of the European Bioinformatics Institute with extensive accompanying slides notes, all CC-BY licensed, have been placed on Slideshare.
The European Bioinformatics Institute (EMBL- EBI), located on the Wellcome Genome Campus in Hinxton, UK, manages public life-science data on a very large scale, making a rich resource of information freely available to the global life science community. EMBL-EBI is one of a handful of organisations in the world involved in global efforts to exchange information, set standards, develop new methods, and curate complex genome information.
We published a full report this week with the results of a quantitative and qualitative study of the Institute, examining the value and impact of its work. Our focus is the economic impact and can be seen as complementary to traditional academic measures, such as citation counts.
The summary slides show the quantitative economic approaches used included: estimates of access and use value, contingent valuation using stated preference techniques, an activity-costing approach to estimating the efficiency impacts of EMBL-EBI data and services, and a macro-economic approach that seeks to explore the impacts of EMBL-EBI use on returns to investment in research. These approaches allowed us to develop a picture, beginning with estimates of minimum direct values for the EMBL-EBI’s user community and moving progressively toward approaches that measure wider social and economic value.