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Summarizes the central goals of the German government report Information as Raw Material for Innovation, and focuses on the challenges for libraries that result from this programme. Suggestions are presented for project co‐operation between libraries and their clients/partners. The paper was presented at a conference on “The role of Libraries in Economic Development” organized by the IFLA Office for International Lending and the Central Technological Library, Ljubljana, and was held in Ljubljana in April 1997.

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