Although making college libraries accessible by computer appears simple to laymen, developing a fully digitized library is not simple. Many technological and behavioral questions are unanswered, concerning copyrights, accuracy, and the issue of who will use the new technology and how. In addition, users' desire for hard copy persists. (MSE)

A group of entrepreneurs is promoting an ambitious commercial venture to sell electronic books to university libraries. The library can buy an electronic copy of the book for the print version's price; provide users access through special formatting and software, allowing users to highlight and annotate but not print; and restrict access to one…