MarcOnt Initiative - the Ontology for the Librarian World

Digital libraries are facing challenges managing an every in- creasing amount of resources caused by the increase of in- vestment in research and development as well as the trend to produce more and more written information. The Semantic Web eort which partially originated from the digital library community, is providing technology, such as ontologies, that can be potentially applied to the problem of managing re- sources. The goal of the MarcOnt Initiative is to create a new bibliographic description standard in form of an ontol- ogy and related tools utilizing semantic technologies. In the paper we present the first version of MarcOnt ontology. We detail key ideas of community portal being built for the sake of further development of the ontology.