Demand-side Innovation Policie by OECD

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As these documents provide guidance and stipulations concerning best practice for ensuring rigorous quality control and specifications to enable compatibility and minimum levels of performance, they constrain the activities of a firm that wishes to profit from the benefits of standardisation. Based on data from the Community Innovation Survey (CIS-3), the 2005 DTI study found that firms that benefitted most from standards as a source of information were also those that felt most constrained by them, as they were closer to the innovation frontier.

8. Standardisation in the United Kingdom In his report, Race to the Top (2007), Lord Sainsbury recognised that interaction between standards and innovation is crucial to stimulating research, establishing communication networks and encouraging industrial development – all steps in the commercialisation and widespread uptake of new technologies. He recommended greater collaboration within the United Kingdom standardisation infrastructure in order to better co-ordinate support for emerging industries.

It stipulates that owners of newly constructed buildings must use renewable energies. Moreover, building owners who use particularly efficient innovative technologies, or those that have low emissions figures, will receive funding from the state. In addition, positive innovationrelated effects of regulations can also stem from the increased acceptance of new products by consumers. However, the effects of economic regulation on innovation are far from straightforward, and can be ambiguous a priori.

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