Research: The economic value of standards

The economic value of standards

Standards are a vital component in the conformity assessment arsenal to address public policy issues. International standards developed by consensus used in conformity assessment are in two key categories:

  1. The standards on which assessment is based, whether for products & services or process (management system standards)
  2. The standards which guide many of the key processes, such as certification, accreditation, inspection, etc. More of details of these standards, referred to as the ISO CASCO Toolkit can be found here.

A number of major research reports have been produced in a number of economies which help quantify and explain the contribution standards makes to these economies. These reports are: