Style Libraries can be stored on any local or network location, but only one Style Library can exist in a folder.
Select the Style Library configuration that best corresponds with your needs:
For individual users who do not need multiple project-specific styles, a single, global style library may be the best setup. Users have a single Style Library that is in the Design Data folder on their local drive, and all projects have the Style Library folder option set to [Default].
For workgroups that require a single style library for all projects, a Style Library should be located on a common server. The Design Data folder for each user points to this server location, and every project has the Style Library folder option set to [Default]
For users who need a project-specific Style Library, the recommended best practice is to place the library in a subfolder of the project folder. For workgroups, Style Libraries are best placed on a common server in separate folders. The libraries can be manually administered using Autodesk® Vault Basic, and copied onto local computers in a manner like other Inventor files.
There are no restrictions on how users set up their project/style library schemes. Any project can use any style library.