Economic benefits of standardization
Summary of results
Final report and practical examples
Part A: Benefits for business
Part B: Benefits for the economy as a whole
Published by
DIN German Institute for Standardization e. V.
Beuth Verlag
Page 2
Economic benefits of standardization: Summary
Economic benefits of standardization: Summary
Page 3
Contents
Foreword
4
Preface
6
Part A: Benefits for business
The effects of standardization: Results of the company survey and
interviews with experts (with references to examples)
8
Technical University Dresden, Faculty of Economics and Business Management
Prof. Dr. Armin Töpfer, Chair of Coorporate Management and Marketing
Prof. Dr. Ulrich Blum, Chair of Economic Policy and Economic Research
Dipl.-Vw. Gisela Eickhoff
Dipl.-Vw. Isabelle Junginger
1.
Strategic significance of standardization
9
2.
Potential competitive advantage through standards
10
3.
Standards in global markets
11
4.
Cost reduction through standardization
13
5.
Effects of standards on the supplier-client relationship
14
6.
Standards and the formation of strategic alliances
14
7.
Standards and research and development
15
8.
Reaction time of standardization
16
9.
Product safety and liability
17
10. Public interest
17
11. Standards work
18
12. Standards bodies
19
Part B: Benefits for the economy as a whole
Standardization and technological change, the effects of standardization on
the German economy and foreign trade
20
Fraunhofer Institute for Systems and Innovation Research (FhG-ISI),
Karlsruhe
Dr. Knut Blind
PD Dr. Hariolf Grupp
Dipl.-Vw. Angela Hullmann
Dr. Andre Jungmittag
1. Approaches and objectives
20
2.
Results of the analysis of the connection between standardization and
technological change
20
3.
Significance of standardization for the economy as a whole
22
4.
Significance of standards for foreign trade
23
5. Comparison of the results of the macroeconomic analyses with those
of the company survey
26
Conclusion by the participating research institutes
30
Practical examples Dr.-Ing. Bernd Hartlieb (DIN