According to the World Bank, one of the most important economic benefit of standards is that they increase productive and innovative efficiency. But that's not all.
Standards also enable the faster uptake of innovative solutions and enhance the economic value of your research and innovation project.
Further benefits to integrating standards in your research projects are:
- Dissemination of your research results
A normative document will become a reference and will ensure that research results are well-known, thus enhancing recognition of the researcher’s results
- Opportunity to network
Participating in standardization on a precise topic together with other stakeholders working on the same issue allows you to increase your network and to identify potential scientific or commercial collaboration.
- Faster and easier access to market
Taking into account existing standards within your research project guarantees that, if a product is developed afterwards, this product will respect existing standards and have a better access to the market. Moreover, translating research results or innovation into normative documents (terminology in a new area, new measurement methods, application of new technologies, organisation of innovative services, good practices etc.) can provide technical validation and facilitate access of innovation solutions to the market.
- Possibility to access European or international markets
Developing an EU standard means potential access to the entire EU market (more than 500 million inhabitants). The European Standards Organisations (ESOs) also have agreements with the International Standards Organisations (ISO and IEC).
- Helping access to public procurement markets
Standards codify the state of the art of innovative product and services and are often used as references in public procurement schemes.
- Codification of the state of the art
Existing standards can codify and spread the state of the art in various technologies. The need for additional standards can lead to the identification of new research needs and thus ideas for new research projects.
Standards provide a basis for the integration of technologies into complex, innovative systems and solutions, and assist in ensuring interoperability.
- Reassurance for consumers
Standards can offer reassurance to consumers in the application of new technologies, for example through the assessment of risks, the measurement of performance, etc...