Originally Posted by Turtle91
No. It will scan the text and OCR, but computers aren't smart enough to know what it MEANS...at least that I've seen.
If you wanted active hyperlinks in an ePub/html you would need to manually insert the links to the proper locations. If all you want is a digital copy you could save it in PDF.
I scanned my old textbooks and references to free up shelf space. Because they were so technical (equations, tables, code snippets,...), I couldn't really OCR them and turn them into epubs. So, I saved the cleaned up images as PDFs, and added a table of contents to each using PDFMARKs (those bookmarks you see on the left in most PDF readers). It's a fair bit of work, but I think it's necessary for a reference to be useable. I didn't do it myself, but you can also OCR the text and add it as an invisible layer in the document to make it searchable. Of course, you can only search the text that OCRs perfectly.