Business Benefits
Business Benefits
  • About
  • Contact
  • Suggestions

Research

Formal standardisation positively related to firm performance in German manufacturing sector

The authors investigate how the participation within formal standardization is related to the performance of 1561 German companies. A Cobb-Douglas production function is estimated in order to use the Solow-residuals as indicator for the firm performance. Participation within formal standardization is measured by the number of committee seats at the German Institute for Standardization (DIN). The results suggest that participation within formal standardization is positively related to firm performance in the manufacturing sector. In the service sector, no clear evidence for such a relationship is found.

A copy of the research paper can be downloaded from the Springer website.

Authors:

Paul Wakke – Chair of Innovation Economics, Technische Universität Berlin

Knut Blind – Chair of Innovation Economics, Technische Universität Berlin

Formal standardisation positively related to firm performance in German manufacturing sector

Benefits

Improving company performance

Economies

Germany

Sustainable Development Goals

Decent Work And Economic Growth
Industry, Innovation And Infrastructure

Can you suggest a case study or research report to include on business benefits?

Make Suggestion

Business Benefits © 2025

Business-Benefits.org showcases how accredited conformity assessment is used around the world by central government, local government and regulators to deliver positive benefit.

INetQI