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The Economic Feasibility Analysis of A Children's Library Construction: The Case of C Innovation City

어린이도서관 건립의 경제적 타당성 분석 - C혁신도시 사례를 중심으로 -

  • Received : 2018.04.16
  • Accepted : 2018.05.20
  • Published : 2018.05.31

Abstract

Local innovation cities that have recently been being constructed have a large share of the population with highly educated young family with children. There are high demand for children's libraries because of this high percentage of children in the population. In this regard, this study analyzed the economic feasibility of establishing a new children's library in an innovation city as viewed through the case of the C innovation city, where population inflows are increasing recently. In this study, based on a survey, we conducted a cost benefit analysis, as estimating the cost of constructing the library and calculating the benefits from the construction. The economic feasibility was analyzed by calculating the benefit cost ratio, net present value, and internal rate of return.

Keywords

Children's Library;Economic Feasibility;Cost-Benefit Analysis

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